1. News
February 1, 2019

Deals and M&As this week: Clovia, NutriTap, Walgreens

China Grand Automotive Services has raised $300m through the issue of bonds. The bonds will pay a semi-annual coupon rate of 7.9% per annum, until they mature on 9 February 2020.

China Grand Automotive Services has raised $300m through the issue of bonds.

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2022: So far In Venture Capital

Global investment in 2022 has been majorly dominated by North America, Europe, and Asia Pacific, whereas the Middle East, and South and Central America have recorded low investments comparatively. In light of this, Europe and North America have been identified as the major destinations for Private Equity and Venture Capital (PE/VC) investments.   GlobalData’s whitepaper analyzes which sectors PE/VC firms have been investing in, looking at Technology, Media, and Telecom, with these sectors recording $356 billion and a deal volume of over 10,000 deals in 2022. Healthcare, Financial Services, Business & Consumer Services, and Construction sectors have also seen high investment activity by PE/VC firms, recording a deal value of over $70 billion each.   But what can this mean for you?   Understand how the Deals Database on GlobalData Explorer can be leveraged to:  
  • Track the Aggregate Investment Volumes in PE/VC-Stage firms across geographies and sectors, in addition to viewing the specific deals that drove these volumes
  • Identify the top investors already active in any sector-Geography combinations
  • Assess the Performance of Financial and Legal Advisors, supporting the Dealmaking in any segment of choice (Customizable League tables)
  • Understand what is driving the PE/VC fundraising (Deal Rationale)
  Consult our full report here and optimize your business strategy.
by GlobalData
Enter your details here to receive your free Report.

The bonds will pay a semi-annual coupon rate of 7.9% per annum until they mature on 9 February 2020.

China International Capital Corporation, Orient Securities International Holdings, Morgan Stanley, and Standard Chartered Bank were the book runners for the debt offering.

China Grand Automotive Services is a passenger car dealer that offers new and second-hand cars and spare parts, as well as repair, maintenance, and rental services.

NutriTap has raised Rs20m ($282,000) through a seed funding round.

The financing round was led by the senior members of Google, McKinsey, and angel investor Apoorva Patni and Sameer Khetarpal.

NutriTap is a food and beverage retailer based in India.

Walgreens will buy 63 pharmacy stores from Shopko through a bankruptcy auction. Shopko is expected to generate $52m through the transaction.

The auction was held at the offices of Kirkland and Ellis in January 2019 and is subject to the approval of the court.

Shopko and its subsidiaries filed voluntary petitions to the United States Bankruptcy Court in Nebraska, for a financial restructuring under Chapter 11.

“Clovia has secured approximately $10m in a Series B venture financing round held on 25 January 2019.”

Based in the US, Walgreens is the second largest pharmacy store chain in the country, while Shopko is a chain of retail stores.

Huidu Environmental Technology (Shanghai) Co has secured CNY100m ($14.55m) on 29 January 2019, through a Series A funding round. The funding round was led by Bojiang Capital and participated by Beijing Yi Road Capital Management and Gemboom Investment.

Based in China, Huidu Environmental Technology is engaged in research and development of recycling packaging materials.

Clovia has secured approximately $10m in a Series B venture financing round held on 25 January 2019. The funding round was led by AT Capital and was joined in by Ivy Cap Ventures and certain other private investors.

lovia is a lingerie brand founded by Pankaj Vermani based in India.

Bygghemma has completed the acquisition of 95% stake in Designkupp AS (VVSKupp).

Bygghemma will continue to operate Designkupp AS in the form of an independent organisation within the DIY section in Norway.

Based in Sweden, Bygghemma is an online retailer of home improvement products, while Designkupp is a Norwegian online retailer of bathroom products.

GrandVision has agreed to acquire Charlie Temple for an undisclosed sum.

Charlie Temple will utilise the local and global synergies being offered by GrandVision for operating as an independent business entity.

Based in the Netherlands, GrandVision is an optical retailer, while Charlie Temple is an online retail chain with operations in the Netherlands and Belgium.

Sator Private Equity Fund has acquired the remaining 16% stake in L’Autre Chose.

Sator Private Equity Fund is a private equity fund, while L’Autre is a retailer of apparel, accessories, and footwear for women.

Both companies involved in the transaction are based in Italy.

Free Report
img

2022: So far In Venture Capital

Global investment in 2022 has been majorly dominated by North America, Europe, and Asia Pacific, whereas the Middle East, and South and Central America have recorded low investments comparatively. In light of this, Europe and North America have been identified as the major destinations for Private Equity and Venture Capital (PE/VC) investments.   GlobalData’s whitepaper analyzes which sectors PE/VC firms have been investing in, looking at Technology, Media, and Telecom, with these sectors recording $356 billion and a deal volume of over 10,000 deals in 2022. Healthcare, Financial Services, Business & Consumer Services, and Construction sectors have also seen high investment activity by PE/VC firms, recording a deal value of over $70 billion each.   But what can this mean for you?   Understand how the Deals Database on GlobalData Explorer can be leveraged to:  
  • Track the Aggregate Investment Volumes in PE/VC-Stage firms across geographies and sectors, in addition to viewing the specific deals that drove these volumes
  • Identify the top investors already active in any sector-Geography combinations
  • Assess the Performance of Financial and Legal Advisors, supporting the Dealmaking in any segment of choice (Customizable League tables)
  • Understand what is driving the PE/VC fundraising (Deal Rationale)
  Consult our full report here and optimize your business strategy.
by GlobalData
Enter your details here to receive your free Report.

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