Announced
Completed
Financials
Tags
Private Equity
Cross Border
Acquisition
Private Equity
Minority
private equity
Friendly
Venture Capital
Completed
China
Private
Synopsis
GLP, an investment management firm, and Sequoia China, a venture capital firm, completed an $800m investment in Harvest Capital, a consumer private equity firm. "The systematic injection of the long-term capital coupled with the capital management capabilities of an insurance company, the global warehousing, logistics and real estate fund management capabilities of GLP and the world-renowned investment capabilities of Sequoia China are a recognition of Harvest Capital as a professional consumer investment institution and a big bet on China's consumption sector," Song Xiangqian, Harvest Capital Founding Partner and Chairman.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.