Indian healthcare service provider Fortis Healthcare (FHL) has formed a panel to evaluate several competing investment offers, including bids of INR61 billion ($933 million) from TPG Capital-backed Manipal Hospital Enterprises (MHEPL) and INR101 billion...
Indonesia is an attractive market for private equity investors thanks to its strong macro fundamentals, but sourcing large-cap deals remains a protracted process as family owners look for partners they can trust
Malaysian government-backed PE firm Ekuinas has acquired a controlling stake in Flexi Versa Group (FVG), a Southeast Asian contract manufacturer catering to global consumer electronics brands.
China-focused GP CITIC Capital Partners has acquired a majority stake in Jiangsu Sky Facility Management (SkyFM), a Chinese facility management service provider, for an undisclosed sum.
CLSA Capital Partners (CLSA CP) has supported a management buyout of NHOSA Corporation, which provides electronic health record (EHR) systems to dental clinics across Japan.
The Blackstone Group will buy the panel repair business of Australia-listed automobile aftercare services and accessories provider AMA Group for an enterprise valuation of A$508 million ($396 million).
When Rio Tinto moved to sell the Kestrel mine in Australia, EMR Capital and Adaro Energy teamed up for a $2.25 billion acquisition - and the opportunity to meet strong emerging markets demand for coking coal
China Jianyin Investment, a government-controlled investment group, has teamed up with a fund backed by CITIC Group to acquire a majority stake in vitamins supplier Australia Nature’s Care Biotech (ANCB).
Traditional buyouts slip into the shade, allowing education and technology to shine; China IPOs and secondary buyouts stay strong in a weak exit market; fundraising suffers an early-year blip
Hermes GPE has fine-tuned its co-investment strategy since establishing a presence in Asia. Iesan Tsai, the group’s regional head, will work with portfolio GPs or fund-less sponsors in pursuit of the right deal
Manipal Hospital Enterprises (MHEPL), an Indian hospital chain backed by TPG Capital, has submitted a revised buyout offer of INR61 billion ($933 million) for the hospital business of domestic rival Fortis Healthcare (FHL).
Ocean Link, a travel and tourism-focused GP, has confirmed it submitted a competing bid for eHi Car Services, a Chinese car rental business that recently agreed to be privatized by a consortium comprising its chairman and other PE investors.
Apax Partners has acquired Indian medical devices supplier Healthium Medtech, facilitating exits for TPG Growth and CX Partners.
Colinton Capital Partners, a private equity firm established by Simon Moore, formerly Australia head at The Carlyle Group, has agreed to buy marine engineering business AMS Group.
A consortium including MBK Partners and Baring Private Equity Asia has agreed to buy US-listed eHi Car Services, China’s second-largest car rental services business, for an enterprise valuation of $937.5 million.
CHAMP Private Equity has agreed to sell Accolade Wines, which over the course of seven years it has turned into Australia’s largest wine producer, to The Carlyle Group for A$1 billion ($770 million).
Meituan-Dianping, China’s largest online-to-offline (O2O) local services platform, has agreed to buy full control of bike-sharing company Mobike. Both companies are backed by Tencent Holdings and have received substantial private equity funding.
Bain Capital Private Equity has acquired US-based World Wide Packaging (WWP), a provider of cosmetic packaging components and plastic tubes, and plans to merge it with a Chinese cosmetics packaging manufacturer – another acquisition the GP is currently...
Tokio Marine Capital has sold Japanese food wholesale distribution business Shokukai to iSigma, a buyout firm controlled by trading and investment conglomerate Marubeni.
Alibaba Group has agreed to acquire all the remaining shares of Ele.me, a Chinese food delivery platform backed by several private equity investors, in a transaction that values the company at $9.5 billion.
Indian renewable energy producer ReNew Power Ventures has acquired renewable energy platform Ostro Energy, providing an exit for its PE backer Actis Capital.
Unison Capital has acquired Sukesan, a Japanese udon noodle restaurant operator, for an undisclosed sum.
Natural resources-focused GP EMR Capital and Indonesian energy firm Adaro Energy have agreed to buy an Australia coal mine owned by mining company Rio Tinto for $2.25 billion.
Education has emerged as the latest hot sector for private equity in Asia on the back of opportunities created by rising incomes and regulatory change. But higher valuations mean more pressure to deliver