Industry Newsroom
Industry News
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BTG Pactual Acquires 30 Percent of Bodytech (Latin America)
Posted On: 04/28/2012 | Source: Folha de São Paulo | Author: Cristina Grillo
Banco BTG Pactual, a Brazil-based investment bank, has acquired a 30 percent stake in Bodytech, a Brazilian fitness chain, for approximately BRL200 million (roughly US$105 million. Bodytech plans to use the additional capital to...Learn More
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Forus Health Raises US$5 Million (Asia)
Posted On: 04/27/2012 | Source: Forus Health
Indian venture capital funds IDG Ventures India and Accel Partners have invested US$5 million in Series A funding for local medical technology and solutions company Forus Health. The company plans to use the financing to drive...Learn More
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South African Firms Buy into Nigerian Food, Juice Provider (Sub-Saharan Africa)
Posted On: 04/26/2012 | Source: Business Day | Author: Sure Kamhunga
South Africa-based private equity group RMB Corvest and South African investment holding company Zico Capital have jointly purchased a 25 percent stake in Nigerian food company Vital Products. The value of the transaction is not...Learn More
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Tunisia’s Fidelium Launches Two Growth Capital Private Equity Funds (MENA)
Posted On: 04/26/2012 | Source: Zawya | Author: Hussam Muhieddine
Tunisian venture capital fund manager Fidelium Finance has launched two private equity funds dedicated to small- and medium-size enterprises in the country. Fidelium Performance is a TND50 million (approximately US$33 million) fund...Learn More
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VTB Capital Venture Leads US$18 Million Round in Fast Lane Ventures (CEE/CIS)
Posted On: 04/26/2012 | Source: VTB Capital Venture Business
VTB Capital Venture Business, a Moscow-based firm focused on venture capital investments in Russia and CIS countries, has led a Series C investment into Fast Lane Ventures, a local developer and promoter of internet businesses. The...Learn More
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Newsweek Expands Asian Presence with TStone Corp Partnership (Asia)
Posted On: 04/26/2012 | Source: PRNewswire
The Newsweek/DailyBeast Company LLC and TStone Corp, a Seoul-based private equity firm that focuses on media, education and financial services companies, are entering into a joint venture in Asia. The JV will create a pan-Asian...Learn More
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Enterprise Investors’ Venture Fund Invests EUR5.5 Million in Mobile Technologies (CEE/CIS)
Posted On: 04/25/2012 | Source: Enterprise Investors
Enterprise Investors, a private equity and venture capital firm in Poland and Central and Eastern Europe, has invested EUR5.5 million (approximately US$6.6 million) in BLStream, a Finland-based software company focused on mobile...Learn More
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TutorGroup Raises US$15 Million from Qiming Venture Partners to Fund Expansion in China (Asia)
Posted On: 04/25/2012 | Source: Qiming Venture Partners
Online language tutoring company TutorGroup (the parent company of VIPABC.com and TutorABC.com) has raised US$15 million in growth financing from Chinese venture capital firm Qiming Venture Partners. The investment will be used to...Learn More
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ChrysCapital Invests US$56.2 Million in Intas Pharmaceuticals (Asia)
Posted On: 04/25/2012 | Source: VCCircle
India-focused private equity firm ChrysCapital has reportedly invested INR3 billion (approximately US$56.2 million) in pharmaceutical company Intas Pharmaceuticals, increasing its existing stake of 11.2 percent to over 15 percent....Learn More
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WAMEX Announces the Final Closing of its Mexico PE Fund MIF II at US$160 Million (Latin America)
Posted On: 04/25/2012 | Source: WAMEX Private Equity
Mexico City-based WAMEX Private Equity has announced the final closing of its second growth equity fund MIF II with US$160 million in total commitments. While WAMEX raised the majority of commitments from Mexico’s pension...Learn More
