Bain completes Mr. China ASIMCO deal
Bain Capital has announced the completion of its acquisition of ASIMCO Technologies Ltd., the Beijing-headquartered auto parts company made famous by the book ‘Mr. China,’ from Key Principal Partners and other investors in the business.
Although financial terms were not disclosed, the deal value has been cited as worth some $150 million. Sellers included Key Capital, the PE arm of Cleveland-based financial services firm KeyCorp, the PE...
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