Grain Management Purchases Tachus
Grain Management LLC, a private investment firm exclusively focused on broadband technology and the global communications sector, has agreed to acquire
Tachus LLC, a fiber-to-the-home provider in Texas, from
Crosstimbers Capital Group. Tachus will be the first investment for Grain’s new flagship fund,
Grain Communications Opportunity Fund III.
“We are excited to back the exceptional team at Tachus in their next phase of growth,” said
Jenny Zhang, principal and investment committee member for Grain. “The Company is well-positioned to expand in Houston and beyond, where Tachus has been met with extraordinary demand from communities that need a better, faster internet connection. The Tachus team has a data-driven method for identifying and expanding into these communities, which aligns well with our value creation approach.”
TA Associates Invests in InCorp Global
TA Associates, a global growth private equity firm, has completed a majority investment in
InCorp Global, a corporate services provider in Asia. InCorp’s chief executive officer and founder,
Atin Bhutani, along with the existing management team will continue to lead the business and be shareholders alongside TA.
InCorp specializes in a full range of professional services for companies planning to establish a presence in Asia, including entity incorporation, corporate secretarial & compliance, share registry, accounting, taxation, human resources, risk assurance, corporate recovery and other business advisory services. InCorp is present in seven markets across Asia, namely Singapore, Indonesia, India, Hong Kong, Malaysia, Philippines and Vietnam.
MasTec Buys Intren
MasTec Inc., an infrastructure construction company has acquired
Intren LLC, a nationwide specialty utilities contractor primarily providing distribution network services for electrical and gas infrastructure, from
One Equity Partners, a middle market private equity firm, for $420 million, including a contingent earnout through year end 2021.
“OEP identified both the utility services industry as an attractive growth market and Intren as a leading specialty contracting services firm with a proven track record of safe and quality workmanship in the Midwest and a strong growth trajectory ahead of it prior to investing in the Company,” said
J.B. Cherry, senior managing director, OEP.
TA Associates Receives Strategic Growth Investment from InCorp Global
InCorp Global, a Singapore-based corporate services provider.
The amount of the deal was not disclosed. In conjunction with the funding, Andrew Tay, a Principal at TA, joined the InCorp Board of Directors along with Edward Sippel, head of TA Associates Asia Pacific Ltd. and a Managing Director at TA.
InCorp’s Chief Executive Officer and Founder, Atin Bhutani, along with the existing management team will continue to lead the business and be shareholders alongside TA.
InCorp is a provider of corporate services for businesses across Asia. The company specializes in a full range of professional services for companies planning to establish a presence in Asia, including entity incorporation, corporate secretarial & compliance, share registry, accounting, taxation, human resources, risk assurance, corporate recovery and other business advisory services. InCorp is present in seven markets across Asia, namely Sin
Onions have sprouted : Govt urged to solve port congestion or expect price hike
Modified23 Dec 2020, 12:11 pm
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Container congestion at Westports in Port Klang has led to delivery delays and unnecessary costs for the past month, claimed several wholesalers and retailers.
They said the delay caused imported onions to have sprouted and therefore could no longer be sold. Seasonal goods, meant for the winter solstice festival on Monday (Dec 21), are now still stranded at the port.
Frespro Sdn Bhd business development manager Andrew Tay said the congestion problem has persisted for about a month.
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