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Category: Startup

WinCup Switches Sponsors

Atar Capital has acquired WinCup, a manufacturer of disposable foodservice supplies, from BlackRock. WinCup’s products include dine-in and to-go cups, bowls, containers, lids, straws, and stirrers. The company sells its products across all foodservice channels

Indian e-commerce, cashback startup CashKaro gets $10m in new venture capital backing

India-based e-commerce and cashback company CashKaro has secured $10m in a series B funding round.

Ardian enters Canada with battery storage deal

The infrastructure unit of Paris-based investor Ardian is forming a joint venture with Enel X, the advanced energy services unit of energy company Enel Group

Inven Capial leads Zolar series-B expansion

Household solar energy systems startup Zola has closed its series-B funding round, led by Inven Capital, the venture arm of energy conglomerate CEZ, securing an additional €15m and bringing its series-B total to €25m.

Goldman seeks full control of China JV

Goldman Sachs is leading the race to fully own a Chinese securities company. It has agreed to buy all the outstanding shares in its 16-year old joint venture, Goldman Sachs Gao Hua Securities, from its

LLCP Buys Tropical Smoothie from BIP

Levine Leichtman Capital Partners (LLCP) has acquired Tropical Smoothie Café from BIP Capital in partnership with the company’s management team. Tropical Smoothie Café (TSC) is a franchisor of fast-casual cafes that serve smoothies, wraps, sandwiches,

Credit Suisse adds 11 to China JV research team

Credit Suisse has hired 11 researchers for Credit Suisse Founder Securities (CSFS), its Chinese joint venture securities house. The new employees are part of the bank’s bigger plan to expand its onshore presence.

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