Pantheon Ventures, Carlyle Group Invest $15Mn in A&W (Shanghai) Woods
Pantheon Ventures and the Carlyle Group have invested USD 12.5 million and USD 2.5 million, respectively, in A&W (Shanghai) Woods Co Ltd., a Chinese flooring manufacturer. In May 2006, Carlyle invested USD 27.50 million in A&W. The company received another USD 8.57 million in VC funds last month from Strong Media, a private equity fund.
Established in 1994, A&W offers hardwood flooring, antique flooring, square decking, decking, and engineered flooring products.
Pantheon Ventures is a subsidiary of Russell Investments, a private equity fund of funds manager.
China Health Media Receives $35Mn from VC players
Four venture capital firms including Orchid Asia, China-based CRCI, Investor Growth Capital Asia (IGC Asia), and HSBC have jointly invested USD 35 million in Beijing-based China Health Media.
Established in 2005, China Health Media is the country’s largest in-hospital TV network owner. Orchid Asia Group Management, Ltd. is a China focused investment group that invests in expanding enterprises with good growth prospects.
IGC Asia is a wholly owned venture capital arm of Investor AB, which is the largest listed industrial holding company in the Nordic region. IGC Asia mainly invests in expansion-stage technology companies in the Asian region.
Intel Capital Invests in Tag Media Network
Intel Capital, the investment arm of Intel Corporation, has invested in Tag Media Network, which operates India's first in-store television network. The financial details of the deal were not disclosed.
Tag Media will use the funding amount for its expansion plans which include employing new staff and strengthening sales and marketing initiatives. Tag Media Network has a customer base of over 10 million shoppers across 250 stores. It works with well known retail companies, such as Spencers, Trinethra, Foodworld, and Trumart.
MSK Projects Raises $8.5Mn from Subhkam Ventures
Subhkam Ventures, an Indian PE fund, has invested USD 8.5 million in MSK Projects India Ltd, an Indian infrastructure company.
MSK had issued 4 million shares to Subhkam Holding Pvt Ltd (SHPL), Subhkam’s investment entity, at USD 2.12 each, raising Subhkam’s stake in the company to 24.26 percent. The company will make an open offer for another 20 percent at the same price.
The Baroda-based construction firm has entered into toll road and water distribution projects and is also developing a number of bus terminals.
Europa Capital Sells City Point Distribution Park to CEIF
Europa Capital, an independent real estate investment management group, has sold City Point Distribution Park to Morley's Central European Industrial Fund (CEIF), for USD 102.2 million. Based in Poland, City comprises 118, 000 m² of warehouse and office space and is the largest metropolitan distribution park in Central Europe.
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