Stellar Supply Chain Solutions, an Indian logistics company backed by Warburg Pincus, has taken control of refrigerated trucking specialist Kelvin Cold Chain.
VC-backed PropTiger and Housing.com have agreed to a merger that will establish India’s largest online realty company.
Atlassian, an enterprise software company founded in Sydney and now listed on NASDAQ, has acquired Trello, a VC-backed US start-up that develops software intended to facilitate collaboration and teamwork.
Controls on capital outflows imposed by Beijing and concerns about a more aggressive trade policy out of Washington mean Chinese investment in the US is unlikely to match 2016's highs, but this is not necessarily bad for Chinese PE investors
AEA Investors-owned ThreeSixty Group, a China and US-based business that designs, sources and distributes consumer products for US retailers, has acquired lifestyle brand The Sharper Image from Iconix Brand Group for $100 million.
Indian clinic management software developer and doctor search portal Practo, which is supported by several VC investors, has acquired US-based analytics firm Enlightiks.
China’s largest online travel site Ctrip.com has agreed to buy Skyscanner, an airfare comparison website backed by VC investors, in a deal valuing the UK-based company at approximately GBP1.4 billion ($1.74 billion).
Indian classifieds site Quikr has purchased Grabhouse, a rental property listing platform backed by Sequoia Capital and Kalaari Capital.
Quadrant Private Equity has taken control of Australian restaurant operator Rockpool Group via a bolt-on acquisition by existing portfolio company Urban Purveyor Group (UPG).
Canyon Bridge Capital Partners, a newly-formed US-based buyout firm backed by Chinese LPs, has agreed to acquire NASDAQ-listed chip maker Lattice Semiconductor for $1.3 billion.
Chinese vacation rental platform Tujia, which has several VC and PE investors, has acquired the homestay businesses of travel websites Ctrip and Qunar, strengthening its already dominant position in China’s accommodation sharing market.
Chinese boutique investment bank and advisory firm CEC Capital Group – formerly known as China eCapital – has agreed to buy US-based counterpart Siemer & Associates (S&A).
Indian online travel agent MakeMyTrip has agreed to merge with rival booking portal ibibo Group, which is backed by South African internet conglomerate Naspers Group and China's Tencent Holdings, in an all-stock deal.
Gong Cha Korea, the Unison Capital-backed franchise of the global bubble tea franchise Gong Cha, will take a controlling stake in the Taiwan-based parent company.
China-focused GPs are cautious about partnering with Chinese corporates on outbound M&A deals, although there is increasing demand for their support in terms of identifying acquisition targets and facilitating post-investment integration.
Chinese corporates are becoming savvier in how they target overseas assets and engage in M&A activity, but preparation and sound advice are essential to deal execution and post-investment integration, industry participants told the China M&A Forum.
Chinese conglomerate Dalian Wanda Group has spun out its travel-related assets and merged them with a subsidiary of Tongcheng Network Technology, a PE-backed online travel platform. The aim is to create China's largest online-to-offline (O2O) travel business.
Consolidation is becoming a dominant theme in China’s internet industry as ever more sophisticated companies use M&A as a means of remaining dominant in their core areas and exploring new ones
Zoomlion Heavy Industry Science and Technology, a China-based construction machinery maker, has launched an industry PE fund with an overall target of RMB3.21 billion ($481 million).
Go-Jek, an Indonesian mobile ride-hailing and delivery platform backed by several PE investors, has bought Bangalore-based online home healthcare services platform Pianta, its third acquisition in India.
Meituan-Dianping, the China-based online-to-offline (O2O) services platform created through the merger of two rival groups, has agreed to acquire Qiandaibao, a VC-backed point-of-sales (POS) mobile payment start-up.
China has launched a RMB350 billion ($52.5 billion) private equity fund to restructure state-owned enterprises (SOEs) as part of efforts to improve operational efficiency and encourage industry consolidation.
Efforts to increase foreign M&A activity in the Philippines at later investment stages depend on targeting the right kinds of companies and understanding their needs, industry participants told the AVCJ Philippines Forum.