Hillhouse invested in Little Freddie because it believes in the founders’ vision for delicious safe food options for children, and the firm has worked with Little Freddie to find options on and offline to provide as many customers as possible with access to their unique products.
Mark Lavelle, Magento’s CEO, talks about working with Hillhouse and how the relationship helped open doors for the company in Asia. Mark served as Magento’s CEO, and is now Adobe’s SVP of commerce following Adobe’s acquisition of Magento.
In June 2019, Hillhouse announced that it is partnering with the management team from Loch Lomond, one of Scotland’s most historic and iconic whisky producers, to acquire Loch Lomond Group.
Shares of Zoom Video Communications (ZOOM) began trading on April 18, 2019 with an initial public offering that raised $752 million, as the stock initially soared more than 80%.
When snack brand Bestore teamed up with Hillhouse, e-commerce was still a small part of its business. However, both management teams understood that it had the potential to transform the company’s business.
Moka, a startup that wants to make talent acquisition a little more data-driven for China-based companies that range from smartphone giant Xiaomi to Burger King’s local business, announced that it had raised a 180 million yuan ($27 million) Series B round of funding.
Lalamove, Asia’s leading on-demand delivery & logistics service provider, closed a US $300M in its latest D1 round led by Hillhouse Capital on February 21, 2019.
On February 8, 2019, Covetrus, a leading global animal-health technology and services company, with over $3.5 billion in revenues, listed on Nasdaq.
On February 8, 2019, Gossamer Bio listed on Nasdaq under the ticker “GOSS.” The Hillhouse-backed biotech company raised $276 million in proceeds, and the company saw very healthy interest from investors. Proceeds from the listing were planned to be used to continue funding Gossamer’s innovative product pipeline.
When Belle accepted a Hillhouse-led bid to go private in 2017, it cited the need to leverage technology more efficiently in its business as a key reason. Over the last 18 months, the company has made huge strides in building technology into its business to help consumers get the best personalized products more efficiently.