Exit
Australia's Atlassian upsizes US IPO
Atlassian, an enterprise software company founded in Sydney by two Australian entrepreneurs, has increased the size of its NASDAQ IPO to as much as $440 million.
Thai Union abandons acquisition of Lion Capital's Bumble Bee
Thai Union Frozen Products’ $1.5 billion acquisition of Bumble Bee Seafoods from Lion Capital has been abandoned after the US Department of Justice informed the companies that it was concerned the deal would harm competition.
Australia's Archer agrees Healthe Care sale to China-based Luye
Archer Capital has agreed to sell Healthe Care, Australia’s third-largest private hospital group, to China-based Luye Medical Group, for $688 million. CITIC Private Equity is a shareholder in the company’s Hong Kong-listed affiliate, Luye Pharma.
Legend Capital applies to list on China’s New Third Board
Chinese venture capital firm Legend Capital has applied to list on the National Equities Exchange and Quotation (NEEQ), also known as the New Third Board.
VCs to exit as India's Flipkart invests in MapMyIndia
Indian e-commerce giant Flipkart has committed an undisclosed sum to GPS navigation and location-based services provider MapMyIndia, providing an exit for investors Nexus Venture Partners and Lightbox Ventures.
Navis agrees $360m sale of Golden Foods Siam to Brazil's BRF
Navis Capital Partners is set for a 3.4x return on Thailand-based poultry producer Golden Foods Siam (GFS), having agreed to sell the company to BRF, a leading processor of chilled foods in Brazil, for $360 million.
Chinese energy investor buys assets from Denham-backed Tall City
Blue Whale Energy, a China-based energy investment firm, has agreed to buy the oil and gas exploration and production assets of Tall City Exploration – a Denham Capital portfolio company – for $803 million.
Korea's CJ withdraws from bidding for MBK-controlled Coway
South Korean conglomerate CJ Corporation decided against submitting a final bid for a controlling stake in Coway, a domestic water purifier manufacturer, controlled by MBK Partners.
Deal focus: Partners Group targets top-tier baby products
China baby products retailer Aiyingshi wants to develop its online presence and identify partners and acquisition targets in developed markets. Partners Group is going to help
Australia's Atlassian to raise up to $425.5m in US IPO
Atlassian, an enterprise software company founded in Sydney by two Australian entrepreneurs, has set terms to raise up to $425.5 million through its NASDAQ IPO.
Bain exits India's Hero Motocorp for $117m
Bain Capital has fully exited Hero Motocorp, India’s largest motorcycle and scooter manufacturer, selling its remaining stake for INR7.7 billion ($117 million).
India tech M&A: Treading water
India’s internet giants are becoming more acquisitive, but they still play a minor role in VC firms’ planning. To raise their influence these companies first need to stabilize their own operations
A public affair: India IPOs
Private equity-backed IPOs are undergoing a revival in India, but innate volatility means they are just one of multiple exit options that GPs should consider
TPG, Carlyle complete exit from Australia's Healthscope
TPG Capital and The Carlyle Group have completed their exit from Australian hospital operator Healthscope, having privatized the company in 2010 and re-listed it last year.
Partners Group backs China baby products retailer in overseas M&A push
Partners Group has acquired a minority stake in Aiyingshi, a China-based maternity and baby products retailer, with a view to helping the company secure acquisitions and licensing agreements overseas.
Carlyle agrees to sell Taiwan's EBC to DMG Entertainment CEO
The Carlyle Group has agreed to sell its majority stake in Taiwan broadcaster Eastern Broadcasting (EBC) to Dan Mintz, CEO of US-based media company DMG Entertainment.
Bain makes part-exit as Japan's Bellsystem24 goes public
Bain Capital has made a partial exit from Bellsystem24 as the Japan-based call center business raised JPY48.1 billion ($391 million) through an IPO. The company plans to broaden its service offering and expand into Southeast Asia.
PE-backed ZhongDi Dairy targets $65m Hong Kong IPO
China ZhongDi Dairy Holdings, a private equity-backed dairy farm operator that supplies raw milk to leading brands such as Mengniu Dairy and Yili Group, is targeting a Hong Kong IPO of up to HK$508.4 million ($65.6 million).
OrbiMed exits India's Ecron Acunova for $17.4m
Indian life-science technology company Take Solutions has agreed to pay INR1.15 billion ($17.4 million) for Ecron Acunova (EA), providing an exit for healthcare-focused private equity firm OrbiMed Advisors.
CreditEase's online P2P lending unit files for US IPO
Yirendai.com, an online peer-to-peer (P2P) online platform owned by China-based micro-credit loan player CreditEase, has filed for an IPO in the US.
Taiwan PE: Exit issues
For private equity investors in Taiwan, getting money out can be just as much of a concern as getting it in
Tiantu Capital to list on China’s New Third Board
China consumer-focused GP Tiantu Capital has been approved to list on the National Equities Exchange and Quotation (NEEQ), also known as the New Third Board. It has raised a total of RMB2.68 billion ($420 million).
Vision Knight-backed Zhong Ao launches HK IPO
China-based property manager Zhong Ao Home Group, which received a pre-IPO investment from Vision Knight Capital earlier this year, is looking to raise up to HK$459.2 million ($59.2 million) through a Hong Kong offering.
Australia's Atlassian files for US IPO
Atlassian, an enterprise software company founded in Sydney by two Australian entrepreneurs, has filed for a NASDAQ IPO. Accel Partners is the most significant venture capital investor in the business with a 12.5% stake.