KKR backs Philippine B2B platform GrowSari | AltAssets Private Equity News

Private fairness large KKR has finished a $45m Series C funding into GrowSari, a B2B e-commerce platform serving micro, small and medium-sized enterprises (MSMEs) within the Philippines. KKR’s funding will make stronger GrowSari’s growth into extra areas around the Philippines and give a boost to its monetary products and services features. The dedication from KKR … Read more

Värde Partners unveils trio of spouse promotions | AltAssets Private Equity News

Credit and distressed non-public fairness specialist Värde Partners has made a trio of spouse promotions. Minneapolis-based Jim Dunbar leads Värde’s industrial actual property lending platform, originating $2.7bn in loans previously yr. He joined Värde in 2010 from Macquarie, the place he was once a senior vice chairman within the corporate’s actual property industry in Chicago. … Read more

Sentinel Capital acquires The Recreational Group for a merger | AltAssets Private Equity News

Specialist buyout company Sentinel Capital Partners has purchased into leisure surfacing merchandise producer The Recreational Group. The Recreational Group designs, manufactures and installs leisure surfacing merchandise together with artificial turf and composite modular tile. Never miss a story – click to sign up to AltAssets’ free daily PE newsletter It will probably be merged with … Read more

Vauban Infra expands to US with district heating and cooling buyout from Basalt Infrastructure | AltAssets Private Equity News

Vauban Infrastructure Partners has agreed to shop for a portfolio of 8 district cooling and heating methods around the Northeast US and Michigan from Basalt Infrastructure Partners, DB Energy Assets and Beacon Energy Holdings lately perform throughout six states, offering dependable, sustainable, and cost-efficient assets of power answers to a various buyer base together with … Read more

Crown Capital raises $100m for first funding fund | AltAssets Private Equity News

Lower-mid marketplace investor Crown Capital has raised $100m for its $250m-targeting Crown Capital Fund since its release ultimate month. The new fund has been tapped for 4 new investments together with Climalock, Climashield, Nova Marketing and JRT Agency, in addition to taken in 3 of the company’s direct investments. Never miss a story – click … Read more

Stone-Goff sells on existence science finance services and products industry Danforth to Avesi Partners | AltAssets Private Equity News

New York-based non-public fairness company Stone-Goff Partners has bought existence sciences monetary services and products specialist Danforth Advisors to Avesi Partners. Danforth’s services and products come with strategic advisory, accounting and operational finance improve, monetary making plans and research, IPO preparation, post-public SEC compliance, scientific industry operations control and strategic and operational human sources. Never … Read more

Blackstone seals best Asia core-plus actual property deal but via agreeing DALT stake purchase from GIC | AltAssets Private Equity News

international buyout large Blackstone has agreed its biggest-ever deal in its core-plus Asia actual property technique with the purchase of GIC’s 49% stake within the Dexus Australia Logistics Trust, The portfolio of 77 premium-grade logistics property is targeted in Australia’s gateway towns, Sydney and Melbourne, with prime publicity to densely populated spaces and main transportation … Read more

Clessidra to obtain Italian lighting fixtures methods manufacturer Viabizzuno, foresees excessive expansion prospect | AltAssets Private Equity News

Italian non-public fairness space Clessidra has agreed to obtain Italian high-end lighting fixtures methods manufacturer Viabizzuno from 21 Invest. Established in 1994, Viabizzuno produces Italy-made lighting fixtures tasks for retail and home shoppers, places of work and hospitality sectors. The corporate has thirty laboratories and a community of technicians in over 50 nations. Never miss … Read more

Apax exits Unilabs to AP Moller Group in €5bn deal after 14-year-hold | AltAssets Private Equity News

non-public fairness main Apax Partners has agreed to promote its controlling stake in Unilabs after 14 years in its portfolio, with AltAssets assets striking the deal at €5bn. Unilabs supplies diagnostics products and services throughout laboratory, imaging and pathology products and services in Europe. The mother or father corporate of the Danish AP Moller Group, … Read more

Anti-cancer AI equipment developer Lunit will get $61m pre-IPO investment spherical | AltAssets Private Equity News

Cancer-fighting AI developer Lunit has picked up a $61m pre-IPO financing spherical from traders together with HealthQuest Capital and Casdin Capital, Lunit is operating on AI-powered diagnostic equipment for most cancers screening, in addition to biomarkers that may correctly are expecting and information which sufferers reply to precise most cancers remedy. Never miss a story … Read more

LBO France buys into French on-line lawn and residential merchandise dealers ID Market and Sourcidys | AltAssets Private Equity News

LBO France has bought a majority stake in French on-line lawn and residential product dealers ID Market and Sourcidys to boost up expansion throughout all virtual channels and advertise working and gross sales synergies within the coming years. The company mentioned each firms have expanded swiftly since based 15 years in the past with ID … Read more

Blackstone closed $5.6bn GP Stakes Fund II to take long-term minority investments in PE companies | AltAsunits Private Equity News

world buyout large Blackstone has held a $5.6bn ultimate shut for its 2d fund in GP stakes. The new fund will focus on value-added, long-term minority investments in control corporations of main non-public fairness companies, the company mentioned. Never miss a story – click to sign up to AltAssets’ free daily PE newsletter Blackstone mentioned … Read more

Tailwind concurs Core BTS sale to Nomura Research Institute after vital bolt-on expansion | AltAssets Private Equity News

Services-focused non-public fairness space Tailwind Capital has agreed to promote Fund III portfolio corporate Core BTS to Nomura Research Institute, Core BTS is a data generation resolution supplier which makes use of Microsoft and Cisco generation to modernize industry packages, aiming to maximise the worth of the cloud. Never miss a story – click to … Read more

Permira buys into Spectrum Equity-backed virtual open air information provider AllTrails | AltAssets Private Equity News

world buyout massive permira has tapped its expansion fund for a $150m funding in open air virtual information AllTrails. Spectrum fairness will stay the corporate’s majority shareholder following the funding, which can be used to boost up the corporate’s product construction and world enlargement. Never miss a story – click to sign up to AltAssets’ … Read more

Ex-Sequoia professionals hit $550m ultimate shut for 2nd fundraise | AltAssets Private Equity News

A91 Partners, the Indian challenge capital space introduced by way of a trio of former Sequoia Capital managing administrators, has closed its 2nd fundraise on $550m. The Fund II comes shut a couple of years after A91 reached a $351m close for its debut vehicle, which has in large part been used to focus on … Read more