Japanese digital marketing services provider Plaid has raised JPY1.5 billion ($25.1 million) from a group of VCs including existing investor Eight Roads Ventures Japan and Femto Partners.
China-focused GP CITIC Capital Partners has acquired a majority stake in Jiangsu Sky Facility Management (SkyFM), a Chinese facility management service provider, for an undisclosed sum.
CLSA Capital Partners (CLSA CP) has supported a management buyout of NHOSA Corporation, which provides electronic health record (EHR) systems to dental clinics across Japan.
The Blackstone Group will buy the panel repair business of Australia-listed automobile aftercare services and accessories provider AMA Group for an enterprise valuation of A$508 million ($396 million).
Traditional buyouts slip into the shade, allowing education and technology to shine; China IPOs and secondary buyouts stay strong in a weak exit market; fundraising suffers an early-year blip
Japan’s KDDI Corporation and Global Brain have established their third VC fund with a view to investing JPY20 billion ($187 million) over the next five years.
Colinton Capital Partners, a private equity firm established by Simon Moore, formerly Australia head at The Carlyle Group, has agreed to buy marine engineering business AMS Group.
Dymon Asia Private Equity has exited Wah Loon Engineering, which provides engineering services for air conditioning, ventilation, fire protection and electrical systems in Singapore and Malaysia, to France-based Vinci Energies.
The Riverside Company has sold New Zealand-based animal health devices manufacturer Simcro, along with Work Health Group, an occupational rehabilitation services provider in Australia.
CD Capital, a Chinese healthcare-focused VC also known as CDBI Partners, has led a $34 million Series B round for CMAB Biopharma, a manufacturing services provider for biologic product developers.
Australia’s Ellerston Capital has led a A$24 million ($18.5 million) Series A round for Ansarada, a domestic business services company that provides virtual data rooms and artificial intelligence-enabled due diligence.
Five V Capital, an Australian GP established by Adrian MacKenzie, formerly a managing partner at CVC Capital Partners, has agreed to buy the contact center business of market services company Salmat for A$53 million ($41 million).
Source Code Capital has led a $32 million Series C round of funding for Edianzu, a Chinese start-up that rents out computers and other office equipment to corporate customers.
Indian business process outsourcing (BPO) service provider Aegis, which was acquired by Capital Square Partners last year, has agreed to merge with US-based counterpart Startek. The deal will give Capital Square control of the combined company.
MDI Ventures, the corporate VC arm of state-controlled telecommunications firm Telkom Indonesia, has led a $10 million funding round for Australian communications platform Whispir.
Japan’s Global Brain has participated in a token sale that raised $30 million for Electrify, a Singaporean electricity marketplace using blockchain technology. The company claims the sale received offers in excess of $1.3 billion.
NestAway, a VC-backed Indian IT start-up focused on the local home rental market, has raised a INR4 billion ($64.4 million) Series D funding round with participation from Goldman Sachs.
CLSA Capital Partners (CLSA CP) has agreed to invest at least JPY10 billion ($94.3 million) to take a majority stake in Japanese beauty salon operator Agu Group. It is the firm’s second acquisition in the country this week.
Lightspeed India Partners renews its commitment to B2B online marketplace Udaan and its emphasis on data-derived trustworthiness
Lightspeed Venture Partners and DST Global founder Yuri Milner have backed a $50 million Series B round for Indian B2B e-commerce start-up Udaan. It follows a $10 million Series A led by Lightspeed in 2016.
Chinese online retailer JD.com has raised approximately $2.5 billion for its logistics subsidiary from investors including Hillhouse Capital and Sequoia Capital China.
CLSA Capital Partners agrees to carve-out Marubeni's uniform business with a view to driving consolidation in an industry where Japanese corporate customers are already gravitating from ownership to rental
CDH Investments is supporting an acquisition of the professional testing business of US-listed Chinese education company ATA. It is working on the $200 million deal in partnership with ATA’s co-founder and CEO.
CLSA Capital Partners (CLSA CP) has agreed to buy Marubeni Mates, a uniform rental business owned by Japanese conglomerate Marubeni Corporation, for an undisclosed sum.