AMC Entertainment, the US theatre chain controlled by China’s Dalian Wanda Group, will acquire Stockholm-based Nordic Cinema Group from PE firm Bridgepoint and Swidesh media group Bonnier Holding for SEK8.25 billion ($929 million).
New Zealand’s Pencarrow Private Equity has sold 100% of domestic tea and coffee company BrewGroup to Jacobs Douwe Egberts (JDE), a Netherlands-based beverages group active in more than 100 countries.
Apax Partners has completed its exit from Indian non-banking finance company (NBFC) Cholamandalam Investment & Finance.
Warburg Pincus has invested INR8.2 billion ($120 million) for a 14% stake in Indian listed film and retail entertainment company PVR, providing a partial exit for Multiples Alternative Asset Management.
CVC Capital Partners has agreed to sell Chinese quick service restaurant operator Da Niang Dumpling Holdings to domestic hotel operator GreenTree Inns.
Beijing Shiji Information Technology, a big data services provider for hotels, has acquired a majority stake in US-based ReviewPro, a VC-backed company with a suite of complementary products.
The China-CEE Fund, which is backed by China Exim Bank and invests in Central and Eastern Europe, has agreed to buy Hungarian fixed line telecom and broadband internet provider Invitel Group for an enterprise valuation of EUR202 million ($214 million).
Japan-based Polaris Capital has sold its 100% stake in domestic electronics supplier Clean Surface Technology (CST) to coal mining company Mitsui Matsushima for JPY4 billion ($35 million).
CDH Investments has acquired a 36% stake in Ednovation, a Singapore-based operator of pre-schools in Southeast Asia and China, from Tembusu Partners in a deal said to be worth more than S$50 million ($35 million).
Apax Partners has sold a 48% stake in GlobalLogic, an IT outsourcing company founded by several Indian entrepreneurs and which continues to have a sizeable presence in the country, to Canada Pension Plan Investment Board (CPPIB).
Sun Capital Partners has exited Lexington Home Brands, a US-based manufacturer of residential and contract furnishings, to Shenzhen-listed Luolai Lifestyle Technology and Chinese PE firm Yixing Capital.
Ausgrid deal obscures weak investment environment; fundraising returns to normal after state-backed blitz; China’s IPO market is on the mend, but public market problems undermine Asia exits
Fifteen start-ups backed by IDG Capital Partners achieved valuations of $1 billion or more in 2016, taking the total number of unicorns in the China-focused VC firm’s portfolio to 26 over the past 12 years.
KKR and CDH Investments have agreed to sell HK$1.87 billion ($241.5 million) worth of shares in China Modern Dairy – which will see them fully exit a position they received when selling part of a greenfield cattle farming joint venture to Modern Dairy...
New Century Healthcare, a Chinese pediatric hospital operator backed by CDH Investments and Boyu Capital, is planning to raise HK$1 billion ($129 million) via a Hong Kong IPO.
K.Y. Tang was among the pioneers of leveraged buyouts in Asia while at UBS Capital Asia. He subsequently spun out to form Affinity Equity Partners, where the success continues
From re-listing Focus Media in Shenzhen to closing Fund III at $2.1 billion, FountainVest Partners has enjoyed a fruitful 12 months. CEO Frank Tang assesses the China market
Moving from a privatization in the US to a re-listing in Shenzhen through a reverse merger – in the space of 30 months – Focus Media blazed a trail that others have sought to follow
Golden Foods Siam was struggling when Navis Capital Partners took it over, but the GP’s willingness to give management the needed tools helped generate a 3.4x return
Vertical integration and growing interest in Korean media assets enabled Affinity Equity Partners to secure a strong return on Loen Entertainment, far quicker than anticipated
Japanese glass, ceramic and chemicals maker AGC Asahi Glass has paid JPY60 billion ($510 million) for CMC Biologics, a Denmark-based biopharmaceutical manufacturer backed by several private equity firms.
Australia's CHAMP Ventures and its US-based partner Frontenac will exit H-E Parts – a leading provider of replacement parts for mining and construction vehicles – as Hitachi Construction Machinery agreed to buy the business for an enterprise valuation...
NewQuest Capital Partners inspired fellow shareholders in China Hydroelectric to back an aggressive take-private and achieve a seven-fold hike in equity value
Australia-based Quadrant Private Equity has made a habit of six-week fundraises. The capital continues to target middle-market consolidation plays