Africa-focused private equity firm Mediterrania Capital Partners has acquired an undisclosed stake in Tunisia-based private education institution Groupe Scolaire René Descartes (GSRD) through Mediterrania Capital II. GSRD, which provides French and Tunisian programs for pre-primary school through college, plans to partner with Mediterrania to expand its current facilities and develop… Read More
Mexico-focused impact investment firm Promotora Social Mexico, along with Latin America-focused accelerator and seed fund NXTP Labs and undisclosed family offices and angel investors, has invested in Chile-based education technology company Lab4U. The company, which develops mobile applications that utilize tablet and mobile phone sensors to create science experiments, plans… Read More
Global private equity fund manager Warburg Pincus and China-focused fund manager Genesis Capital have invested US$120 million in a Series D round for China-based online tutoring company Zhangmen. The company offers personalized, one-on-one tutoring sessions to more than one million registered students across 600 cities in China. Separately, Warburg, along… Read More
Pátria Investimentos, a Brazil-focused private equity firm partially owned by The Blackstone Group, has raised US$484.2 million for Pátria Private Equity Fund VI. The firm—which also manages infrastructure, real estate and credit platforms—primarily targets buyout and growth opportunities across various sectors in Brazil and other Latin American countries through its… Read More
Growth markets investor Actis has agreed to acquire the Mexico assets of global energy infrastructure developer and operator InterGen for an enterprise value of US$1.26 billion. The assets include six combined-cycle gas turbine projects and a wind power project with a combined capacity of 2,355 megawatts, as well as three… Read More
SME-focused investment firm Small Enterprise Assistance Funds (SEAF) has fully exited its 80 percent stake in Turkey-based flexible packaging producer Propak to Polinas, a packaging materials subsidiary of Turkey-based food company Ulker Group. SEAF originally invested in Propak in 2011 through Southeast Europe Equity Fund II (SEEF II). Financial details… Read More
Pan-African infrastructure fund manager Harith General Partners has acquired a 30 percent stake in Sheltam Mauritius, the parent company of Southern Africa-focused rail company Sheltam Group. Immediately prior to Harith’s investment, Sheltam restructured its shareholder debt obligations, making private investment group Principle Capital the company’s controlling shareholder. With Harith’s and… Read More
India-based farm mechanization services company EM3 AgriServices has raised a US$10 million Series B round from existing investor Aspada Investment Advisors, an investment firm focused on small and medium-sized enterprises in India, and London-based Global Innovation Fund. Aspada invested through Aspada Investment Company, a venture capital investment vehicle backed by… Read More
Asia-focused credit and special situations investor SSG Capital Management has reportedly raised approximately US$1.7 billion for its fourth special situations fund, SSG Capital Partners IV, and closed its second direct lending fund, SSG Secured Lending Opportunities II, at its hard cap with US$800 million in capital commitments. The former reportedly… Read More
Global alternative asset manager The Carlyle Group, China-based conglomerate CITIC and its alternative investment arm CITIC Capital Partners have completed their investment in fast food chain McDonald’s Corporation’s mainland China and Hong Kong businesses. The consortium had previously agreed to invest up to US$2.08 billion, with CITIC and CITIC Capital… Read More
(default archive template)