INVESTMENTS
► ArtCap Strategies closed USD665m in senior secured financing to support the Almeida family and Kohler’s acquisition of Interceramic, a Mexico-based ceramic and porcelain tile manufacturer. #LatinAmerica
► Merama, a Mexico- and Brazil-based e-commerce brand aggregator, secured a USD80m credit facility from Gramercy Funds Management. #LatinAmerica
► Norfund led a USD55m investment in Xurya, an Indonesia-based provider of rooftop solar panels, with participation from British International Investment, AC Ventures, Swedfund and Clime Capital. #Asia
► FIBRAeMX, a Mexico-based real estate investment trust, will acquire a stake in Grupo Autopistas Nacionales (GANA), a Mexico-based toll road operator, for MXN5.2b (~USD285.5m). #LatinAmerica
► Mubadala invested USD250m in Getir, a Turkey-based grocery delivery platform, as part of a restructuring of the company’s operations. #CEE
► Ontario Teachers’ Pension Plan acquired a significant minority stake in India-based non-banking financial company Kogta Financial for USD148m, facilitating a partial exit for Morgan Stanley and Creador. #Asia
► Finnest invested USD145m in Kitchens@, an India-based cloud kitchen platform.
#Asia
► Fintech Collective led a BRL32m (~USD5.7m) seed round for Tivita, a Brazil-based financial management platform for healthcare professionals. #LatinAmerica
► Google acquired a stake in New Green Power, a Taiwan-based solar power firm backed by BlackRock. #Asia
► Patria acquired a 90% stake in a portfolio of Brazil-based wind power assets from power distributors ContourGlobal and Eletrobras. #LatinAmerica
► Sweply, a Saudi Arabia-based advertising platform for SMEs, raised a USD2m seed round, with participation from Sanabil 500 Global and Salla. #MiddleEast
FUNDRAISING
► Inside Capital Partners reached a USD55m first close for its second equity fund focused on SMEs in Southern and East Africa. #Africa
► SIFEM invested USD15m in Ashmore Andean Fund III, a fund focusing on infrastructure and growth investments in Colombia and Peru. #LatinAmerica
EXITS
► Patria exited Guarde Aqui, a Brazil-based space rental solutions company, through a strategic sale to GoodStorage, a Brazil-based self-storage company. #LatinAmerica
► Mediterra Capital fully exited Glasshouse, a Turkey-based cloud services provider, via a sale to UAE-based e& for USD60m. #CEE