CPE Capital
Australia's CPE Capital set to lose managing director
Graham Brooke, a managing director at Australia-based CPE Capital, will retire from the firm at the end of September.
CPE sells Australia used car business to Japan's Sojitz
CPE Capital has sold part of Dutton Group, an Australia-based used car dealer it has owned since 2016, to Japan’s Sojitz Corporation for an undisclosed sum.
GL Capital leads $290m investment in China's Sangon Biotech
Chinese healthcare-focused private equity firm GL Capital has led a CNY2bn (USD 290m) investment in local life sciences company Sangon Biotech.
CPE sells New Zealand shipping business to Morgan Stanley
Australian middle-market private equity firm CPE Capital has sold StraitNZ, a ferry and logistics operator that runs services across the Cook Strait between New Zealand’s North and South Islands, to Morgan Stanley Infrastructure Partners (MSIP).
China 3D content platform Xverse raises $120m
Xverse, a Shenzhen-based 3D user-generated content platform has raised USD 120m across a Series A and a Series A extension, led by GL Ventures and Sequoia Capital China, respectively.
China medtech start-up SiBionics raises $79m
China-based medical technology start-up SiBionics has raised CNY 500m (USD 79m) in a third tranche of Series C funding co-led by CPE and China Life Investment.
China e-commerce SaaS player Huice raises $312m
Huice, a China-based provider of software for e-commerce retailers, has raised $312 million in a Series D round led by SoftBank Vision Fund 2. This is the largest single round in China’s software-as-a-service (SaaS) industry year-to-date.
China vacuum cleaner brand Dreame raises $563m
Dreame, a Beijing-headquartered vacuum cleaner maker backed by smart phone and consumer electronics giant Xiaomi, has raised RMB3.6 billion ($563 million) in Series C funding.
CPE leads $150m Series B for China CDMO
Joinn Biologics, a China-based contract development and manufacturing organization (CDMO), has raised $150 million in Series B funding led by CPE.
Sequoia leads $150m Series E for AIOps player Cloudwise
Cloudwise, a Beijing-based artificial intelligence operations (AIOps) provider, has raised $150 million in Series E funding led by Sequoia Capital China.
Australia's CPE exits Cell Care to US strategic
Australian middle-market private equity firm CPE has agreed to sell cord blood banking business Cell Care to Generate Life Sciences, a US-based provider of cellular services for fertility and therapeutic purposes.
China GPs commit $160m to local ADC player
DAC Biotech, a Chinese biotech company specializing in antibody-drug conjugates (ADCs) commonly used as targeted therapies for treating cancer, has raised RMB1 billion ($160 million) in Series C funding led by GL Ventures, CDG Capital, and CPE.
Chinese contact lens brand raises $65m
Dearer Medical, a Shanghai-based cosmetic contact lens manufacturer, has raised RMB420 million ($65 million) in Series B funding from CPE, Legend Capital, and Insight Capital.
MIRA to buy Australia waste management business
Macquarie Infrastructure & Real Assets (MIRA) has agreed to acquire 100% of Australia-listed waste management business Bingo Industries for A$2.3 billion ($1.8 billion).
CPE sells Australia biscuit business to Mondelez
Australian mid-market private equity firm CPE Capital has agreed to sell Gourmet Food Holdings (GFH) – a local producer of crackers and biscuits – to US-based food multinational Mondelēz International.
Deal focus: ANE Logistics targets attractive middle
China’s less-than-truckload logistics market, which sits in between express couriers and big truck operators, is ripe for consolidation. GPs have identified their favored players
CPE leads $300m round for China's ANE Logistics
ANE Logistics, one of China’s top three less-than-truckload (LTL) logistics players, has raised $300 million in funding led by CPE. Greater Bay Area Fund, Hong Kong-listed NWS Holdings, Liumai Capital, and Huagai Capital also took part.
CPE leads $123m round for China's Wangjiahuan
Shenzhen-based agricultural products distributor Wangjiahuan has raised RMB800 million ($123 million) in a Series B extension led by CPE.
China self-driving truck player Plus raises $200m
Plus, a China-based autonomous driving technology developer that specializes in trucks, has completed a $200 million round of funding led by Guotai Junan International, CPE, and automotive partssupplier Wanxiang.
China's Didi raises $300m for autonomous driving unit
Chinese ride-hailing giant Didi Chuxing has raised $300 million for its autonomous driving unit, with IDG Capital taking the lead.
Australia's CPE makes $1.7b bid for Bingo Industries
A consortium led by CPE Capital has submitted a buyout offer for Bingo Industries, an Australia-based waste management and recycling company at an enterprise valuation of A$2.28 billion ($1.7 billion).
CPE, SDIC lead $46m round for China's Jaka Robotics
Chinese industrial robot manufacturer Jaka Robotics has raised RMB300m ($46m) in Series C funding led by CPE and State Development and Investment Corporation (SDIC).
GP longevity requires careful recruiting – AVCJ Forum
Culture, patience, personality, and complementary skills are key team-building considerations for private equity firms seeking longevity and sustainability, investors told the AVCJ Forum.
CPE leads $224m round for China cancer diagnostics business
3D Diagnostic, a diagnostics spinout from Chinese tumor immunotherapy specialist 3D Medicines, has raised RMB1.5 billion ($224 million) in funding led by CPE, formerly known as CITIC Private Equity.