CITIC and KKR have offered to buy a controlling stake in United Envirotech (UEL) in a deal that values the Chinese waste water treatment company at S$1.9 billion ($1.5 billion).
Greater China | 12 Nov 2014 |
The Abraaj Group has acquired a majority stake in the Wine Connection Group, a Southeast Asia-focused food and beverage chain.
Consumer | 07 Nov 2014 |
TPG Capital and PAG Asia Capital, together with co-investor Ontario Teachers' Pension Plan (OTPP), have completed their acquisition of DTZ, the property services arm of Australia-listed UGL, for an enterprise valuation of A$1.215 billion ($1.2 billion)....
Australasia | 06 Nov 2014 |
Long a feature of the developed markets private equity, succession-planning opportunities are beginning to pop up in emerging Asia. Regardless of geography, convincing a founder to sell his business is a challenge
Buyouts | 05 Nov 2014 |
Hony Capital has agreed to buy a 93.2% stake in Chongqing Cygnet Hotpot, a Chinese hotpot restaurant chain.
Greater China | 05 Nov 2014 |
Standard Chartered Private Equity (SCPE) is participating in the KRW415 billion ($396 million) acquisition of South Korean conglomerate Hyosung Corporation’s packaging business.
Buyouts | 03 Nov 2014 |
Japanese mid-market buyout firm J-Star has exited Tokyo-based healthcare service provider HCM Corporation to Alshok Group at an enterprise value of JPY8.88 billion ($78.7 million), generating a 5x cash multiple and a 60% IRR.
Exits | 03 Nov 2014 |
China-focused GP Hony Capital is seeing more buyout opportunities involving healthcare and restaurant chains and it has created two sector-focused operational teams to consolidate these industries.
Greater China | 31 Oct 2014 |
Salamander Energy, an Asia-focused oil and gas exploration and production company, has received a buyout offer from Jynwel Capital, a Hong Kong-based PE firm controlled by Malaysian businessman Jho Low.
Buyouts | 30 Oct 2014 |
The Carlyle Group has crossed the halfway mark on its third Japan buyout fund, with approximately $600 million raised predominantly from domestic investors.
North Asia | 30 Oct 2014 |
Luye Pharma Group, a PE-backed Chinese drug maker, has taken full ownership of its industry peer Beijing Jialin Pharmaceutical, acquiring a 42.02% interest from existing PE shareholders.
Greater China | 27 Oct 2014 |
CHAMP Private Equity has agreed to buy New Zealand-based Nuplex Industries’ distribution and plastics additives businesses for A$127.5 million ($112 million).
Buyouts | 23 Oct 2014 |
Lionbridge Financial Leasing is aptly named. The team behind the Chinese company that provides lease-back services and leasing asset management to small and medium-sized enterprises (SMEs) started out together more than a decade ago at Zoomlion. They...
Greater China | 22 Oct 2014 |
In Study Group, Australian tertiary education has a strong example of how PE can support cross-border expansion. But now the smart money is going into vocational and early learning services
Australasia | 22 Oct 2014 |
China Everbright, the Hong Kong-listed investment unit of China Everbright Group, has agreed to buy BEP Group, a US-based vehicle testing equipment manufacturer, for $90 million.
Greater China | 22 Oct 2014 |
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The outlook for the Australasian market is positive as a record number of IPO exits have provided strong returns for investors and has proven that PE can outperform listed equities and compete with global divestment figures. Fundraising in terms of dollar value has been high but the number of PE funds successfully raising new commitments has declined as investors flock to the best in class.
This is an intriguing time for Australasian PE as the industry continues to mature. GPs must evolve, diversify and display skills to drive value in a low-growth environment and justify future commitments when competing on a global state by achieving world-class results from current deals and exits.
4-6 March 2015, The Westin, Sydney
The AVCJ Indonesia Forum is back for a fourth year! Mark your calendars now and join us on March 24th, 2015 in Jakarta at Indonesia's longest running, largest and most prestigious industry gathering.
The market is relatively optimistic as a new government that is viewed favourable to a balanced investment arena is introduced and we see an increase in deal activity. The hopes for a flourishing PE market amid the euphoria of 2012 has not yet been realised but the potential is still present and now may well be the time for the country to take off in its own right and increase its reputation as THE hot market in Southeast Asia.
24 March 2015, Grand Hyatt, Jakarta