Gogox, a last-mile logistics company formed through the merger of Hong Kong's GoGoVan and an affiliate of mainland China-based 58.com, has filed to list in Hong Kong
KKR has launched a tender offer for Hitachi Transport Systems at a valuation of approximately JPY 749.5bn (USD 5.8bn) after agreeing to acquire parent company Hitachi’s controlling stake in the business.
Morgan Stanley Private Equity Asia (MSPEA) as agreed to buy Northstar Group’s majority stake in APAC Realty, a Singapore-listed real estate services company in Asia, for SGD 129.5m (USD 94.2m).
Hitachi has confirmed it may divest its logistics unit, Hitachi Transport System, following a report that KKR was poised to buy the asset for more than JPY 600bn (USD 4.69bn).
Affinity Equity Partners is redefining the B2B outsourcing industry by helping Korea’s ServeOne, escape the gravity of its chaebol parent to access new markets and business lines
ShawKwei & Partners has acquired Australia’s Rauxel, a beauty and healthcare industry supplier, for an undisclosed sum. It will be merged with existing portfolio company Icons Beauty Group.
Having offered a blueprint for pest control consolidation globally in Anticimex, EQT wants to repeat the trick in China with Guardian Hygiene Service. It meant a 3.3x return for previous owner Jade Invest
Quadrant Private Equity has sold Australian IT enterprise services business Arq Group to NCS Group, a SingTel Group-owned IT and communications engineering player, for AUD 290m (USD 217m).
EQT Private Equity Asia has acquired majority stake in Guardian Hygiene Service, China’s largest domestic pest control company, for an undisclosed sum. It facilitates a full exit for Jade Invest.
Bazaar, a B2B logistics and financial services start-up, is putting Pakistan on the map for brand-name global VC investors for the first time. One of its key local backers, Zayn Capital, is doing the same
Amagi, an India-based broadcasting industry technology provider that claims an audience of more than 2bn people, has raised a USD 95m round led by Accel Partners at a valuation of at least USD 1bn.
Livingbridge has secured AUD 280m (USD 206m) in sustainability-linked credit facilities from Ares Management to support its acquisition of Australia-based waste management services provider Waste Services Group (WSG).
Pakistani B2B e-commerce and financial technology platform Bazaar has raised a USD 70m Series B round led by Dragoneer Investment Group and Tiger Global Management.
Singapore’s Silent Eight is tackling the toughest cybersecurity subsegment and securing global clients in its early stages. Wavemaker Partners predicts a near-term explosion in growth
Cathay Innovation, an affiliate of Cathay Capital, sees voice recognition services as a key area of B2B growth. Singapore’s AI Rudder is hoped to prove this idea on a global scale
Investment in work-tech has soared as start-ups devise solutions for workforces that are increasingly distributed in terms of location, structure, and practice. Data, and knowing what to do with it, is key
Singapore’s Silent Eight, a compliance and financial crime risk investigation platform, has raised a USD 40m Series B round led by US-based TYH Ventures.
Baring Private Equity Asia (BPEA) has made another partial exit from Indian IT solutions business Coforge, generating INR 25.6bn (USD 333.5m) in proceeds and reducing its position in the company below 50%.
Tiger Global Management and Coatue Management have led a USD 50m Series B round for Singapore-based voice artificial intelligence start-up AI Rudder.
Antute, a third-party IT maintenance provider, became an orphan asset following a larger M&A deal. Inspiration Capital Partners sees it as an attractive play on China’s digitalisation drive
China cross-border e-commerce services platform Dianxiaomi has achieved traction, and profitability, by only charging for value-added services. Its Series C will fuel global expansion
Fortuna Capital has led a USD 100m investment in Shanghai truck-based logistics platform Jumeng Logistcs, described as the third tranche in a Series B round. IDG Capital also took part.
China-based e-commerce software-as-a-service (SaaS) provider Dianxiaomi has secured a USD 100m Series C round led by Tiger Global Management and Huaxing Growth Capital.
Helping Integreon, an over-diversified outsourcing services company, re-focus and renew management was all part of the plan. Postponing the exit as COVID-19 amplified demand was the unexpected coup