Australia’s competition regulator has expressed concerns about the merger of outside school care providers Camp Australia and Junior Adventures Group (JAG), both of which are private equity-owned.
BC Ings, a Japanese cram school operator owned by CLSA Capital Partners (CLSA CP), has acquired local counterpart Akasaka Gakuin.
US-based co-working space operator WeWork plans to acquire Singapore-based counterpart Spacemob for an undisclosed sum. The capital will come from a $500 million investment pool established to fuel WeWork's expansion in Southeast Asia and South Korea.
Indian online marketplace Snapdeal has called off a planned merger with rival Flipkart and will pursue a restructuring plan to allow it to survive as an independent entity. Both companies have substantial PE and VC backing.
J-star has acquired Japanese veterinary chain VIS Corporation for an undisclosed amount in a bolt-on to existing portfolio company JVCC.
US private equity firm Platinum Equity has agreed to acquire Fischer Tech, a Singapore-based components manufacturer for the electronics industry.
Paul DiGiacomo, a managing director with Asia-focused advisory firm BDA Partners, discusses the latest trends in M&A, from increasingly sophisticated Chinese buyers to more willing multinational sellers
Bolt-on acquisitions enable private equity firms to bring down the cost of investments through multiple arbitrage and leveraging synergies. But in a climate of heady valuations, are GPs thinking too big?
Blue Star Sports, a US-based company controlled by Genstar Capital that provides management software to grassroots sports clubs, has entered the Australia and New Zealand market with the acquisition of SportsTG.
Camp Australia, an outside school hours care provider acquired by Bain Capital Private Equity in February, has agreed to merge with Junior Adventures Group (JAG), a similar business controlled by Advent Partners.
UrWork, a Chinese VC-backed co-working office space provider, has agreed to merge with its industry peer New Space. The combined entity will be worth RMB9 billion ($1.3 billion).
Adveq, a global fund-of-funds that deploys $100-200 million every year in Asia, has agreed to an acquisition by UK-listed asset manager Schroders.
Alibaba Group's Ant Financial has raised its takeover bid for US-listed financial services company MoneyGram, topping a competing offer made by US-based Euronet Worldwide last month. The sale will provide an exit for Thomas H. Lee Partners (THL).
Sino IC Capital, a technology-focused private equity fund manager backed by the Chinese government, has agreed to acquire US semiconductor and electronics manufacturer Xcerra in a deal that values the company at about $580 million.
Despite regulatory curbs on Chinese outbound investment, companies are still interested in M&A opportunities – and they are pursuing less high-profile assets with greater sophistication
J-Star has bought Japanese veterinarian services company Fuji Field for an undisclosed sum as part of a pet clinic consolidation strategy.
Southeast Asian ride-hailing app operator Grab has agreed to acquire Kudo, an Indonesian online-to-offline (O2O) e-commerce start-up backed by a number of venture capital firms.
China Oceanwide Holdings has completed its acquisition of International Data Group (IDG) and now holds a 90% stake in the target’s operating business, with IDG Capital owning the remaining 10%.
HgCapital has agreed to invest NZ35.5 million ($25 million) in New Zealand industrial software specialist Gentrack to support an acquisition and expansion process in the UK.
China healthcare-focused GP C-Bridge Capital and Tasly Holding, a traditional Chinese medicine business, have agreed to invest $150 million in a newly-created entity formed through the merger of two local pharmaceutical companies.
Alibaba Group has taken full ownership of Damai.cn, a leading Chinese online ticketing platform that previously raised funding from VC investors.
Chinese outbound online travel platforms Woqu.com and Lulutrip – both of which have received several rounds of funding from VC and strategic investors – have agreed to merge. The combined entity has received $25 million in new funding.
US payment services company Euronet Worldwide has extended a buyout offer worth about $2 billion for NASDAQ-listed MoneyGram, contesting a bid made earlier this year by Alibaba Group’s PE-backed affiliate Ant Financial. The pending sale will provide...
Lorna Chen, partner and head of the Asia asset management and investment funds practice at Shearman & Sterling, discusses China outbound investment