Investment Summary

Sumitomo Equity Asia Invests In CXA Group

On March 14, 2019, corporate investor Sumitomo Equity Asia invested in information technology company CXA Group

Investment Highlights
  • This is Sumitomo Equity Asia’s 3rd transaction in the Information Technology sector.
  • This is Sumitomo Equity Asia’s 1st transaction in Singapore.

Investment Summary
Date 2019-03-14
Target CXA Group
Sector Information Technology
Investor(s) Sumitomo Equity Asia
Deal Type Growth Capital

Target

CXA Group

Singapore, Singapore
CXA Group is a predictive and data intelligence platform for better health, wealth and wellness choices. Through the CXA platform, employers can empower employees with access to personalised health and lifestyle offerings, with clear and quantifiable ROI for the business. CXA Group was founded in 2013 and is based in Singapore.

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Investor(S) 1

Investor

Sumitomo Equity Asia

Shanghai, China

Investor Investor Investor Investor Investor

Category Corporate Investor
Founded 2002
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Sumitomo Corporation Equity Asia Limited (SCEA) is the Asian private equity arm of Japanese conglomerate Sumitomo. SCEA generally targets fast growing, small to mid-market companies from early to expansion stage. The Firm will also co-invest alongside other investors in larger buyout situations. SCEA will consider investing in high-tech sectors as well more traditional industries. Sectors of interest include wireless, semiconductors, internet services, IT, clean technology, manufacturing, automotive, distribution, logistics, and financial services. SCEA will not invest in privatization opportunities, biotech, capital intensive businesses, infrastructure, or real estate. SCEA was formed in 2002 and is based in Hong Kong.

DEAL STATS #
Overall 10 of 13
Sector (Information Technology) 3 of 3
Type (Growth Capital) 3 of 4
Country (Singapore) 1 of 2
Year (2019) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-09 YunQuNa

Shanghai, China

YunQuNa provides international logistics services aided by digital technology. YunQuNa offers 24/7 logistics services based on an online, end-to-end international container freight shipping platform it has developed. Realized by partnering with more than 100 logistics service providers, the platform allows the cargo owner to select a vendor that best meets the route and delivery deadline requirements. YunQuNa was established in 2014 and is based in Shanghai, China.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-01 Immotor

Shenzhen, China

Immotor is a global development, production, and sales of the intelligent, portable, personal transport systems, with interactive and dynamic battery packs and programmable power sequences. Immotor is based in Shenzhen, China.

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