3TS and Neo Ventures Invest in NEXD

Estonia-based advertising technology company NEXD has received funding from European technology-focused growth capital investor 3TS Capital Partners and Neo Ventures, an Eastern Europe-focused early-stage investor. The company, which has a self-service platform enabling clients to generate ads within five minutes, will use its new capital and partnership to further improve… Read More

Apis- and Crossfin-led Consortium Acquires Sureswipe

A consortium led by Africa-focused financial services investors Apis Partners and Crossfin Technology Holdings has acquired Sureswipe, a South Africa-based payments platform. The company will be consolidated along with two other South African-based payments platforms under a new entity known as Crossfin Transactional Solutions (CTS). CTS will aim to utilize… Read More

Samunnati Raises USD55 Million from Nuveen, Elevar, responsAbility, and Accel

India-based agriculture-focused financial services provider Samunnati Financial & Intermediation Services has raised INR3.9 billion (approximately USD55 million) in a Series D funding round led by Nuveen, the investment management arm of Teachers Insurance and Annuity Association of America (TIAA). Existing investors Elevar Equity, responsAbility Investments, and Accel Partners also participated… Read More

Bain to Invest USD570 Million in Beijing Qinhuai Technology

Global private equity firm Bain Capital has agreed to invest USD570 million in China-based data center developer and operator Beijing Qinhuai Technology. In addition to data center planning, design, construction, and operation, the company provides network and IT support services to clients. Bain will provide the company with strategic support… Read More

Carlyle to Exit Medanta to Manipal Hospitals

India-based hospital network Manipal Hospitals has agreed to acquire Medanta, a multi-specialty hospital chain also based in India, for INR58 billion (approximately USD835 million). The transaction will provide an exit for global alternative asset manager The Carlyle Group. Singaporean sovereign wealth fund Temasek Holdings, an investor in both Manipal and… Read More

Gulf Capital Acquires 70 Percent Stake in Medica

Middle East- and Africa-focused alternative investment firm Gulf Capital has acquired a 70 percent stake in Medica Holding, a United Arab Emirates-based provider of aesthetic, cosmetic, and dermatological equipment and products. The company’s services include consulting, education, logistics, and marketing across four verticals: equipment, medical injectables, cosmeceuticals, and para-pharmaceuticals. Medica… Read More

Vinci Partners Exits Cecrisa to Duratex

Brazil-focused alternative investment fund manager Vinci Partners has exited Brazil-based ceramic tile manufacturer Cecrisa to Duratex, a wood panel producer also based in Brazil. Duratex will acquire the company from Vinci and other shareholders for BRL539 million (approximately USD132 million). Cecrisa operates three plants with 1,700 employees. The transaction is… Read More

BlackRock Acquires Aguascalientes Solar Project from Canadian Solar

Global asset manager BlackRock has acquired the Aguasalientes solar project, a 68-megawatt facility in Mexico, from Canada-based solar panel manufacturer and project developer Canadian Solar. Electricity generated by the plant will be sold under two separate power purchase agreements with Mexico’s state-owned utility. Financial details of the transaction, which was… Read More

Actis Raises USD150 Million in CERPI Listing

Growth markets investor Actis has raised USD150 million through the Series A issue of a Certificado de Proyectos de Inversión (CERPI) offering on the Mexican Stock Exchange (BMV). Actis will be able to raise an additional USD200 million via further series. The CERPI, which was listed under the ticker symbol… Read More

GIC Leads USD420 Million Investment in Traveloka

Indonesia-based online travel platform Traveloka has reportedly raised USD420 million in a funding round led by Singaporean sovereign wealth fund GIC. Existing investors in the company, including Hillhouse Capital Management, Sequoia Capital, East Ventures, Global Founders Capital, JD.com, and Expedia, also participated in the round. Traveloka will use the funds… Read More



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