Asia Pacific
AIMCo expands global presence in opening Singapore office
The Alberta Investment Management Corporation (AIMCo) opened Singapore office led by Kevin Bong, AIMCo's Senior Managing Director, Chief Investment Strategist and Head of Singapore.
uBriGene Biosciences secures ¥150M Series C+ funding
uBriGene Biosciences, Chinese company with offices in Vancouver and Rockville, MD, raised ¥150M （人民幣）or US $20M in Series C+ funding.
CDPQ invests ¥20B in Shizen Energy, 1st direct infra investment in Japan
Caisse de dépôt et placement du Québec (CDPQ) invested ¥20B or US $135M in Shizen Energy Inc., a renewable energy leader in Japan. CDPQ obtained a seat on the board of directors of Shizen Energy.
Ontario Teachers’ opens Mumbai office, 3rd in Asia-Pacific
Ontario Teachers' Pension Plan opened new office in Mumbai, India, its 6th global office and 3rd in the Asia-Pacific region. Deepak Dara appointed Senior Managing Director and Head of India, reporting Ben Chan, Executive Managing Director and Head of Asia-Pacific.
Ontario Teachers’ acquires co-control stake in GPA Global
Ontario Teachers' Pension Plan Board acquired a co-control stake in GPA Global from EQT Private Equity and other minority shareholders. Tom Wang and Adam Melton, GPA co-founders, will roll over their respective ownership and continue to lead the company.
Vodafone to sell mobile tower assets to InfraRed, Northleaf Capital Partners for NZ $1.7B
InfraRed Capital Partners and Northleaf Capital Partners each acquired 40% of passive mobile tower assets from Infratil Limited and Brookfield Asset Management Inc. owned Vodafone New Zealand for NZ $1.7B. Infratil will invest to hold 20%.
Green Technology Metals closes A$55M offering
Green Technology Metals Limited (ASX: GT1) closed AUS $55 million private placement with AUS $12.8 million from two Canadian investors.
VerSe Innovation closes US $375M new financing with CPP Investments
VerSe Innovation secured US $375M additional funding from CPP Investments, following US $430M funding round in August 2021 with participation CPP Investments, Ontario Teachers', Luxor Capital, Sumeru Ventures, Sofina Group, Baillie Gifford and others.
Ontario Teachers’ ups investment in Princeton Digital in Mubadala led US $500M+ financing
Ontario Teachers' Pension Plan Board made follow-on investment in Singapore-based Princeton Digital Group as part of US $500+ million equity investment round led by Mubadala Investment Company with participation of Warburg Pincus.
SHOPLAZZA secures US $150M Series C1 led by Softbank Vision Fund 2
Shenzhen China and Markham Ontario based Shoplazza closed US $150M Series C1 financing led by Softbank Vision Fund 2, with participation from Chimera, Stepstone and existing investors Sky 9 Capital, Sequoia Capital China, Qianhai FoF and Elegrace.
Xero to acquire Trilogy Software (TaxCycle) for CDN $70M
Xero (ASX: XRO) to acquire Trilogy Software, dba TaxCycle, from founder Cameron Peters and others for CDN $70M. TaxCyle employees will be granted CDN $5M in restricted stock units. Peters will continue to lead TaxCycle.
OFX to acquire Firma for $90M
OFX Group Limited (ASX: OFX) to acquire Firma Foreign Exchange Corporation from owner Michael Oshry, CEO Dave Dominy and others for CDN $90M or AUS $98M.
CDPQ acquires minority stake in QIMA
Caisse de dépôt et placement du Québec (CDPQ) acquired a significant minority interest in QIMA from Navis Capital Partners
KUBOTA to acquire Investor AB backed AgJunction for CDN $91M
KUBOTA Corporation agreed to acquire AgJunction Inc. from Patricia Industries, a wholly owned subsidiary of Investor AB, and other shareholders for CDN $0.75 per share for CDN $91M in cash
Canadian LPs commits US $1.21B to Baring Asia Private Equity Fund VIII
Canadian Limited Partner (LP) investors committed US $1.21B to Baring Private Equity Asia (BPEA)'s 8th fund, The Baring Asia Private Equity Fund VIII with a reported target of US $8.5B
Delta Electronics to acquire March Networks for US $114M from Shenzhen Infinova
Delta Electronics, Inc. agreed to acquire March Networks from Shenzhen Infinova for US $114M. March Networks will continue to operate from Ottawa and led by President & CEO, Peter Strom
Ganfeng Lithium to acquire Millennial Lithium for $353M
Ganfeng Lithium to acquire Millennial Lithium Corp. from Million Surge Holdings Limited and other shareholders for $353M
Naver closes CDN $741M acquisition of Wattpad
Naver closed CDN $741M acquisition of Wattpad Corporation in a cash and stock transaction. Wattpd founders Allen Lau and Ivan Yuen will continue to lead Wattpad.
