CITIC Capital Partners overcame strategic competition to buy a majority stake in Tri-Wall. After six years and significant financial and geographic expansion, it is exiting to a strategic player
China Zhejiang Yinlun Machinery, a Shenzhen-listed manufacturer of heat exchangers, has acquired US-based counterpart Thermal Dynamics International (TDL) for $56.65 million, facilitating a full exit to US private equity backer Evergreen Pacific Partners.
Samara Capital has exited its stake in Indian listed oil and gas exploration services provider Asian Oilfield Services to Mumbai-based energy exploration firm Oilmax Energy for INR300 million ($4.4 million).
The Riverside Company believes New Zealand’s Simcro has what it takes to build its animal health device business worldwide, and is using its global reach and long-term perspective to help the company succeed
Australia’s politically charged beef industry has attracted a wave of new investment, much of it driven by overseas buyers. As this interest elevates valuations and emotions, PE firms must capture value with care
CITIC Capital Partners has agreed to sell its majority stake in Tri-Wall Holdings, an Asia-focused heavy duty packaging business, to Japanese packaging manufacturer Rengo for $221.7 million.
UC Capital's Lions Growth Fund will give European manufacturers access to the connections and the capital in Asia they cannot get on their own.
Temasek Holdings and Advent International have launched an open offer to acquire a controlling stake in Crompton Greaves Consumer Electricals (CGCEL), the former consumer products unit of India's Crompton Greaves, for up to INR16.9 billion ($253 million).
Local GP Keystone Private Equity has been selected as the preferred bidder for distressed Korean construction company Dongbu Corporation.
Australia-based oil and gas producer AWE has rejected an unsolicited buyout offer from Lone Star that values the company at approximately A$421 million ($310 million).
Peabody Energy, which filed for bankruptcy protection in the US last month, has agreed to sell its interest in an undeveloped Queensland mining asset to Denham Capital-controlled Pembroke Resources for A$104 million ($76.2 million) in cash plus royalties.
UC Capital, a joint venture between Urdaneta Capital and Capvent, has launched a fund that will invest in European companies and help them open up new growth channels through exposure to India.
ICICI Venture has invested INR 1.2 billion ($18 million) in specialty chemicals maker Anthea Aromatics for what AVCJ understands to be a significant minority stake.
Australian mining supplier Bradken has rejected a A$150 million ($117 million) recapitalization proposal from CHAMP Private Equity. It comes seven months after discussions over a previous offer, involving a potential merger with Chile’s Sigdo Koppers,...
After a major turnaround for Texon International, Navis aims to reinforce management's strengths and help the company reach the next level
IMM Private Equity and Mirae Asset Private Equity are set to exit South Korea-based Doosan Defense Systems & Technology (DST) after Hanwha Techwin agreed to buy the business for KRW695 billion ($607 million).
Fairfax Financial Holdings’ India unit has made a $300 million investment in Sanmar Chemicals, a major domestic producer of the plastic construction material PVC.
Fengate Capital Management has taken a stake in an Australian power plant along with General Electric (GE) and funds managed by domestic infrastructure-focused firm Whitehelm Capital.
WestBridge Capital Partners has invested INR790 million ($12 million) in listed Indian footwear maker Relaxo Footwears.
Navis Capital Partners has acquired Hong Kong-based footwear component manufacturer Texon International Group for $75-$125 million, AVCJ understands, buying a controlling stake held by Barclays Ventures.
Mandala Capital has made investments totaling INR6.9 billion ($104.3 million) in India’s Jain Irrigation Systems (JIS) as part of a broader INR8 billion capital raising.
India’s Seaways Shipping & Logistics has filed for an IPO that would see the IDFC Alternatives-backed company issue new shares with an aggregate value of INR800 million ($12 million).
Japanese tire manufacturer Yokohama Rubber has agreed to acquire India's KKR-backed Alliance Tire Group for $1.2 billion.
Sequoia Capital and TrustBridge Partners have co-led a Series C round of funding for Molbase, a Chinese B2B e-commerce platform that sells chemical products.