Hong Kong Asia Medical Holding Limited (“Asia Medical”) today announced a strategic partnership with a $150 million investment from General Atlantic, a leading global growth equity firm. Asia Medical is a leading privately-owned Chinese healthcare services provider and hospital operator specializing in heart surgery and cardiology, which operates under the brand name ‘Asia Heart’. The strategic partnership marks the expansion of General Atlantic’s investment focus into the healthcare and biotechnology sector in China.
Three leading oncology practices unite with partners in technology and finance to announce the launch of OneOncology, a patient-centric, physician-driven, and technology-powered company with a mission to improve the lives of everyone living with cancer.
European Wax Center (EWC), a leading beauty lifestyle brand franchise, announced today that General Atlantic, a leading global growth equity firm, has signed an agreement to make a strategic investment in the brand, enabling EWC to fuel its next phase of growth and expansion.
MyDreamPlus secures US$120 million in Series C funding led by Hillhouse Capital and General Atlantic
MyDreamPlus, a smart workspace service brand, announced today that it has completed its US$120 million Series C funding round, led by Hillhouse Capital and General Atlantic. Existing investors including JOY Capital, Ocean Link, M31 Management Fund of Giant Network Group, and K2VC also participated in this round. TH Capital acted as the sole financial advisor.
Greensill, a market-leading provider of working capital finance for companies globally, announced today it has received a strategic investment from General Atlantic, a leading global growth equity firm. General Atlantic’s $250 million investment values Greensill at $1.64 billion.
Automation Anywhere®, the leader in Robotic Process Automation (RPA), today announced it has completed its Series A financing round of $250 million led by New Enterprise Associates (NEA) and Goldman Sachs Growth Equity with participation from General Atlantic and World Innovation Lab (WiL). As one of the largest Series A rounds on record for an enterprise software company, this brings Automation Anywhere’s post-money valuation to $1.8 billion. This sizable investment will help extend Automation Anywhere’s leadership in the rapidly-expanding RPA market and accelerate its global customer engagements and product development.
Krishna Institute of Medical Sciences (KIMS Hospitals), a leading multi-disciplinary provider of healthcare services in Andhra Pradesh and Telangana, announced today that it has received a strategic growth investment from General Atlantic, a leading global growth equity firm. As part of the transaction, General Atlantic invested over USD 130 million, in a combination of primary capital and secondary purchases, to acquire a significant minority stake in the company.
CrowdStrike® Inc., the leader in cloud-delivered endpoint protection, today announced that the company has executed a financing round of over $200 million, led by General Atlantic, Accel and IVP, with participation from March Capital and CapitalG. Following this round, the company has achieved a valuation of more than $3 billion.
SigFig, a financial technology company for banks, advisors, and consumers, announced today that it has raised $50 million in Series E funding. The round was led by General Atlantic, a leading global growth equity firm, with participation from existing investors including Bain Capital Ventures, DCM Ventures, Eaton Vance, New York Life, Nyca Partners, UBS, and Union Square Ventures.
TPG Growth and The Rise Fund today announced that they have signed an agreement to acquire CLEAResult, the country’s leading provider of energy efficiency solutions for utility companies. TPG Growth, the middle-market and growth equity platform within TPG, and The Rise Fund, a global impact investing fund managed by TPG, will be co-investors in acquiring the company from General Atlantic, a leading global growth equity firm. Financial terms of the transaction were not disclosed. The transaction, which is expected to close later in 2018, is subject to customary closing conditions, including regulatory approval.
Opendoor, an online real estate marketplace that radically simplifies home buying and selling, announced the closing of its $325M Series E funding round. The round was co-led by General Atlantic, Access Technology Ventures, and Lennar Corporation (the largest homebuilder in the U.S.), with additional participation from new investors Andreessen Horowitz, Coatue Management, 10100 Fund, and Invitation Homes (a leading property owner of homes for lease in the U.S.). Existing investors Norwest Venture Partners, Lakestar, GGV Capital, NEA, and Khosla Ventures also participated in the round.
CEO Action for Diversity & Inclusion Launches Nationwide Unconscious Bias Tour to Engage 12 Million Employees and Students
Representing a cross-section of more than 450 CEOs and 12 million employees, CEO Action for Diversity & Inclusion™ (CEO Action) announced it will launch a nationwide educational tour, continuing to help the current and future workforce recognize and minimize their unconscious bias. The mobile information centers will provide free unconscious bias education for any organization.