China private equity could deliver some strong vintages relative to other markets given falling valuations, a deepening pool of management talent, and a historical emphasis on driving returns through growth rather than leverage, industry participants...
Private equity investors are leaning into energy transition with new funds, strategies, and attitudes about risk as more emerging categories go mainstream. Regulation remains the perennial spoiler
Jean Eric Salata, head of BPEA EQT and chair of EQT Asia, on the benefits of diversification, why Asia’s limited reliance on leverage could lead to better relative performance, and being creative with liquidity
Ascendent Capital Partners has joined the battle for Hollysys Automation, a US-listed Chinese provider of industrial automation and rail transportation solutions, by submitting a bid that values the business at USD 1.6bn.
Korean private equity firm Hahn & Company is set for its sixth deal in five years involving local conglomerate SK Group, having agreed to carve out a fine ceramics business for KRW 360bn (USD 267m).
The Blackstone Group and Vista Equity Partners have agreed to acquire Energy Exemplar, an Australia-based simulation software company, setting up a sizeable exit for The Riverside Company.
Global beverage giant Diageo has agreed to sell Windsor, Korea’s best-selling whisky brand, to Pine Tree Investment & Management following the collapse of a transaction involving other Korean private equity firms.
CVC Capital Partners has acquired a 63.94% stake in Philippines-based hospital operator The Medical City (TMC) following the completion of a tender offer.
Pacific Equity Partners (PEP) and property owner and manager Mirvac have agreed to acquire Serenitas, land lease operator Serenitas for an enterprise value of approximately AUD 1bn (USD 634m).
Anchorage Capital Partners has teamed up with ARN, which owns a range of broadcasting and outdoor advertising assets in Australia, to make a AUD 225.5m (USD 144m) bid for Southern Cross Media.
Korea’s STIC Investments has agreed to sell biofuels producer Daekyung Oil & Transportation to a consortium backed by SK Group, Korea Development Bank (KDB), and Eugene Private Equity.
China fundraising stays strong, across US dollar and renminbi, despite regulatory concerns; Australia confounds general slowdown in Asia PE investment; exits demonstrate promise if not results
Voting for the 2023 AVCJ Private Equity & Venture Capital Awards has now closed. Many thanks to all those who participated.
BPEA EQT has agreed to acquire VetPartners, operator of Australia and New Zealand’s largest network of pet clinics and hospitals, from National Veterinary Associates (NVA).
US-based meat and processed food maker Tyson Foods has received preliminary bids from private equity firms including Trustar Capital, Bain Capital and BPEA EQT for its China poultry business, according to two sources familiar with the matter.
Mubadala Investment has invested in Osstem Implant, a Korean manufacturer of dental implants that was taken private by MBK Partners and UCK Partners (formerly Unison Capital Korea) earlier this year.
The Longreach Group has acquired a 100% stake in J-CEP, the holding company of HR services company Aki-Japan, for an undisclosed sum, providing an exit for J-Star.
Bain Capital has agreed to acquire Tokyo-listed Systems Information (SI&C) via a tender offer that values the software and IT provider at about JPY 22bn (USD 147m).
PAG has agreed to acquire Shanghai Xingyi Cinema Management from Hong Kong-listed property developer Seazen for about CNY 1.4bn (USD 187m).
TPG Capital’s Asia Healthcare Holdings has tapped a rich vein for private equity in acquiring India’s only nephrology and urology hospital. Technological leadership will support expansion
The Blackstone Group’s proposed acquisition of India-based hospital chain Care Hospitals from TPG’s The Rise Fund has won approval from the national competition regulator.
Paine Schwartz Partners has reached an agreement to acquire Australian fresh fruit and vegetables supplier Costa Group for an enterprise value of approximately AUD 2.46bn (USD 1.58bn).
A consortium led by Japan Industrial Partners (JIP) has successfully completed a tender offer for Toshiba Corporation, paving the way for a JPY 2trn (USD 13.6bn) privatisation of the company.
Pacific Equity Partners (PEP) has agreed to pay AUD 272.1m (USD 174m) for a 50% stake in LMS Energy, a biogas-to-energy and solar renewable energy business held by Australian metals recycler Sims.