Buyouts
Advantage buys Vietnam's Elise Fashion
Advantage Partners has made its first acquisition in Vietnam, buying women’s fashion brand Elise Fashion for an undisclosed amount.
I Squared platform acquires India toll road assets
Cube Highways and Infrastructure, the India toll road and transportation investment platform of I Squared Capital, has agreed to acquire two toll road assets owned by Indian infrastructure developer KNR Constructions for INR1.9 billion ($26.7 million).
Deal focus: Investcorp takes the plunge into India
With the acquisition of IDFC Alternatives' private equity and real estate businesses, Investcorp secured a ready-made India investment platform
KKR makes second Asia impact investment
KKR has made the second investment from its global impact fund in Asia, participating in the previously-announced acquisition of Indian environmental services provider Ramky Enviro Engineers (REEL).
Japan's J-Will set for $272m buyout of ND Software
J-Will Partners has won board support for its proposed acquisition of ND Sofware, a Japanese software developer that serves the healthcare sector, through a tender offer at a valuation of JPY29.9 billion ($272 million).
CVC exits Japanese care provider to Polaris
CVC Capital Partners has agreed to sell Hitowa Holdings, a Japan-based provider of cleaning, assisted living and childcare support services, to Polaris Private Equity.
Blackstone buys India's Aadhar Housing Finance
The Blackstone Group has agreed to buy Indian affordable housing lender Aadhar Housing Finance for a reported INR27 billion ($378 million).
Australia's Healthscope agrees $3.17b Brookfield bid
Australia-listed hospital operator Healthscope has agreed to a take-private offer by Brookfield Asset Management that values the company at A$4.38 billion ($3.17 billion) on an equity basis, rejecting a competing offer from a consortium led by BGH Capital.
Korea's Orchestra buys electronic darts machine maker
Korean middle market investor Orchestra Private Equity has completed the KRW122 billion ($109 million) acquisition of Hong International, the largest global manufacturer of electronic darts machines.
Portfolio: QIC and North Australian Pastoral
Addressing Chinese demand was central to QIC’s acquisition of cattle breeder North Australian Pastoral, but the company has repositioned itself in response to changing patterns of consumption in global beef markets
Investcorp acquires PE business of India's IDFC
Bahrain-listed asset management firm Investcorp has made its first direct investment in India, acquiring the private equity and real estate investment businesses of IDFC Alternatives, the alternative asset investment arm of IDFC Group.
Deal focus: Advent sees potential in hybrid CRO
Advent International recognized BioDuro as a company uniquely positioned to leverage growth in pharmaceutical R&D outsourcing in China and the US
Advent buys majority stake in US, China-based BioDuro
Advent International has acquired a majority stake in BioDuro, a pharmaceutical contract research and development organization (CRO) with operations in the US and China, from the Bridgewest Group conglomerate.
Nomura, Carlyle bid for Japan’s Orion Breweries
Japanese investment bank Nomura and The Carlyle Group have made a JPY52.1 billion ($477 million) tender offer as part of a proposed management buyout of Japan-based beer maker Orion Breweries.
Jafco acquires Japanese manufacturer from China SOE
Jafco has acquired Japanese construction equipment manufacturer Nagano Industry (NKK) from Chinese state-owned enterprise (SOE) Beijing Jingcheng Machinery Electric Holding (Jingcheng).
Bain makes tender offer for Japan's Kosaido
Bain Capital Private Equity has launched a tender offer for Japan-listed printing and IT solutions provider Kosaido that values the target company at approximately JPY15.2 billion ($139 million).
Suning invests in Yunfeng co-invest vehicle for iKang take-private
Chinese consumer electronics retailer Suning has committed $50 million to a US dollar-denominated co-investment vehicle managed by Yunfeng Capital that will support the $1.4 billion privatization of iKang Healthcare Group.
GPs eye carve-outs from Chinese SOEs
Private equity investors expect divestments of domestic and overseas businesses by Chinese state-owned enterprises (SOEs) to become more prevalent as result of the government's sweeping efforts to reduce corporate debt levels, the Hong Kong Venture Capital...
Bain buys India, US-based IT solutions player Brillio
Bain Capital Private Equity has agreed to acquire a majority stake in US and India-based enterprise technology services company Brillio at an undisclosed price.
4Q analysis: Defined by uncertainty
Korea comes to the fore as investment in China slows; venture capital and pan-regional players remain preeminent in Asia fundraising; IPO weakness reflects investor wariness
Australia's BGH wins board approval for Navitas deal
BGH Capital is close to announcing its first deal after a revised offer of A$2.1 billion ($1.5 billion) for Australian education services provider Navitas won backing from the company’s board.
Testing China: Openings in a downturn?
With the health of China's economy deteriorating, private equity investors have every reason to expect to see plenty of opportunities to deploy capital in 2019
Asia PE investment hits $183b in 2018
Private equity investment in Asia slowed to $183.3 billion in 2018 – from $207.3 billion the previous year – as a decline in large-scale buyout activity offset a surge in late-stage rounds for technology companies.
Deal focus: Platinum to power PCI’s tech dreams
Platinum Equity plans to use Singapore-based PCI as a platform for more bolt-on acquisitions in Southeast Asia's printed circuit board assembly services market
