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Bain Capital Takes Majority Stake In Daymon
Bain Capital Private Equity has acquired a majority stake in Daymon Worldwide, a provider of retail services. No financial terms were disclosed. BofA Merrill Lynch served as financial adviser to Bain Capital Private Equity on the transaction. Full investment news article
Relevent to this post: Bain Capital
Bank of America Merrill Lynch,
Hong Kong Venture Capitalists Urge More Support For Local Start-ups
Venture capitalists in Hong Kong are calling for stronger support from governments, corporations and banks to strengthen the start-up ecosystem and boost innovation in the city. Speaking at the StartmeupHK venture forum on Tuesday, a panel of venture capitalists pointed out that Hong Kong needs to make banking easier for small companies looking to establish themselves in Hong Kong and build a stronger support system for small companies in order to compete with start-up hubs such as Singapore. Full investment news article
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Hong Kong Monetary Authority,