SINGAPORE: Singapore private equity firm Tembusu Partners is ploughing US$10 million (S$13.4 million) into CricHQ, a cricket technology company based in New Zealand.
The funds will be used to enhance the company’s cricket digital platform and grow its global operations, said the two parties in a statement on Tuesday.
CricHQ was set up in 2010, and partners with 41 of the 106 national governing bodies for cricket.
The investment in CricHQ is the second by Tembusu Growth Fund III, which has a target size of S$150 million.
