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IDG invests in Hong Kong's App Annie
IDG Capital Partners has participated in the first round of private equity financing round for App Annie, a Hong Kong-based analytics and marketing intelligence provider. The size of the investment has not been revealed.
SCPE takes stake in Redington India
Standard Chartered Private Equity (SCPE) has acquired a 10% stake in IT products distributor and supply chain manager Redington India for INR365 crore ($82 million), The Times of India reported. The stake was acquired from Redington’s promoters, Taiwanese...
Fidelity Growth Partners makes India education investment
Fidelity Growth Partners will take an undisclosed minority stake in Mind Shaper Technologies for about $15 million, according to statement from the Delhi-based education company. Mind Shaper operates under the Classteacher Learning Systems brand, which...
PE rides M&A wave in Indian security
Blackstone has been emerged as potential acquirer of Securitrans India, the cash management arm of security services provider APS group. According to local reports, a deal worth around INR150 crore ($33.6 million) has been put together for the Delhi-based...
Apax to bid for Indian transaction processing firm – report
Apax Partners is considering the purchase of a majority stake in Computer Age Management Services (CAMS), India’s leading mutual fund registry and transaction processing firm, the Times of India reported, citing people familiar with the situation.
China's Eshop receives series A financing from Sequoia
Sequoia Capital and Xianfeng Huaxing Venture Capital have participated in a round of series A financing for Beijing-based e-commerce management company Eshop.
Hony Capital buys $36m stake in Chinasoft International
Hony Capital has agreed to purchase a $36 million stake in Chinasoft International, an IT application developer. The deal will see Hony recommend Chinasoft as an IT services provider to its portfolio companies.
Blackstone closes in on Securitrans India
Blackstone is close to acquiring Securitrans India, the cash management arm of security services provider APS group, for around INR150 crore ($33.6 million), the Economic Times reported, citing a person with direct knowledge of the deal. The private equity...
PE sees exit multiples in India
India's private equity industry entered 2011 with high hopes that this would be a breakthrough year for exits and returns. Following a rash of sales over the past few months – culminating in Blackstone’s $630 million stake sale in Intelenet Global Services...
Blackstone sells Intelenet stake to UK support-services firm
Blackstone has sold its 66.25% stake in Indian BPO company Intelenet Global Services to Serco, the British support-services firm, for $634.2 million.
Blackstone considers Intelenet divestment - report
Blackstone is said to be considering selling its 66% stake in Indian BPO firm Intelenet Global Services to British services network Serco.
MBK finds Japanese diamond in the rough
MBK Partners, the Tokyo- and Seoul-based private equity firm, will launch an MBO to acquire 100% of all share capital in Invoice Inc., a publicly listed service provider of consolidating billings, both firms said in an announcement.
VC-backed PRC tutoring firm TAL Education makes strong NYSE debut
Tiger Global Management- and KTB Ventures-backed TAL Education Group, a Chinese tutoring firm, raised $120 million from its debut on the New York Stock Exchange, outperforming expectations as it closed 50% higher than its IPO listing price.
TutorVista taps ICICI, NEA, Temasek, others in $50 million round
Indian educational platform TutorVista Global has attracted interest from firms including Baring Private Equity Asia, ICICI Venture, New Enterprise Associates and Singapore's GIC and Temasek Holdings, as well as existing investors such as Lightspeed Ventures...
Lighthouse set to invest in iDiscoveri Education
New York- and Mumbai-based PE firm Lighthouse Funds is reportedly leading a $10 million funding round into iDiscoveri Education, an education services and management company.
Ant, SBI start TOB for Japan's VSN
A consortium called R Holdings, owned by Japanese private equity funds SBI Holdings, Ant Global Partners and Stamford Growth Investments, a division of SBI’s investment subsidiary, has kicked off a tender offer buyout of VSN Inc., a listed personnel...
PE-backed Ambow files for NYSE IPO
Ambow Education Holding Ltd. - a PRC education and career development service provider backed by Actis, CStar Investment, EdVenture, JAFCO Asia Technology Fund and Macquarie - has filed for an IPO on the New York Stock Exchange, planning to raise nearly...
Providence announces terms on $570 million Study Group deal
Providence Equity Partners has announced a final acquisition price of A$660 million ($570 million) for CHAMP Private Equity and Petersen Investments investee Study Group in its first Australian deal.
Sequoia Capital invests in education-management firm in India
Sequoia Capital India, in tandem with Song Investment Advisors, has injected $15 million into Hyderabad-based K-12 Techno Services Pvt Ltd, an education-management firm owned by Gowtham Educational Institutions, one of the largest private educational...
AIF cancels Oriental University City investment
AIF Capital Management Asia, the Hong Kong-based private equity firm, said that it will scrap a plan to buy a 10% stake valued at RMB350 million ($51 million) in China-based Oriental University City (OUC), owned by Singapore-listed Raffles Education....
Two for Foundation in India education with Tree House, Aspire deals
US early stage fund Foundation Capital has led two new Series B investment rounds in India: an $8.8 million commitment to education company Tree House Education and Accessories, with Matrix Partners India, and a $4.5 million round for education and HR...
AIF Capital will take minority stake in Chinese university
AIF Capital will acquire a 10% stake in Oriental University City, an educational campus platform owned by Singapore-listed Raffles Education.
Reliance PE goes to school with Pathways
The first private equity investment to be made by Reliance Capital’s PE arm is in the much-touted Indian education sector.
KKR after Firstsource
Kohlberg Kravis Roberts & Co is seeking a stake of up to 68% in Indian BPO player Firstsource Solutions from existing investors, in a deal that could fetch up to $250 million.