Announced
Completed
Financials
Sources
Tags
Minority
Completed
Acquisition
tech-enabled services
Single Bidder
China
Cross Border
IT Services: Other
Private
Private Equity
Friendly
Synopsis
Bain Capital led the $200m investment in Newlink Group, a provider of technology platforms and tech-enabled services to the energy value chain, principally serving gas and EV charging stations. Existing investor Joy Capital also participated in the fundraising. "The strategic partnership with Bain Capital is an important step towards realizing Newlink's ambition to transform the energy industry and build a greener society. Improved efficiency in the energy market will benefit producers, distributors and users from a cost perspective. It will also reduce carbon emissions, taking us a step further towards creating a more environmental-friendly society," Zhen Dai, Newlink Founder and Chairman.
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