Centurium Capital, CITIC Capital and Hillhouse Capital are part of an investor group targeting a $4.6 billion take-private of China Biologic – just over a year after committing new equity to the US-listed company to protect it from other would-be acquirers.
In teaming up with China-based Estun Automation to acquire a European industrial technology asset, China Renaissance Capital Investment is pursuing a different kind of growth capital deal
Quadrant Private Equity has completed the fourth investment in six months from its newly established growth fund, with the purchase of a majority interest in Australian online beauty retailer Adore Beauty.
Reform efforts in China’s state-owned enterprise space have experimented in mixed ownership with mixed results. Private equity investors see significant opportunity but must proceed with caution
TPG Capital and Malaysian conglomerate Hong Leong Group have agreed to buy Columbia Pacific Management’s Southeast Asia hospital business for approximately $1.2 billion.
Advent International has agreed to acquire a 67.9% stake in Indian snacks manufacturer DFM Foods from investors including WestBridge Capital for INR8.52 billion ($118.7 million). It has made an open offer to buy a further 26% of the company for INR3.26...
From Adidas to Li Ning, sportswear brands are expanding aggressively in China. Recent Partners Group acquisition BCR Group is among the leaders in a $2 billion industry that furnishes new stores
Australia’s Quadrant Private Equity has agreed to acquire a majority interest Love To Dream, a domestic baby care brand focused on swaddles and sleepwear.
Queensland Investment Corporation (QIC) has agreed to acquire 100% of Australian marine logistics provider Sea Swift, facilitating exits for CHAMP Ventures and HarbourVest Partners.
PAG has agreed to pay RMB3.8 billion ($532 million) for a 58% stake in a biotech unit of Zhejiang Hisun Pharmaceutical. It is being called the largest PE investment in China’s biotech space to date.
Permira bought aircraft parts distributor Topcast Aviation Suppliers in expectation of robust business growth as Asian fleets increase in size and age. Further upside could come through consolidation
Princeton Digital Group, a Singapore-based data center developer backed by Warburg Pincus, has confirmed three project acquisitions across Asia as part of a $500 million regional expansion.
Restaurant chains can potentially ride on the tailwinds generated by demand for Korean cultural exports, but strong execution is ultimately the key factor in overseas expansion
Chaebol carve-outs have historically been elusive for global firms operating in Korea. A growing appreciation of their value-add capabilities could be the catalyst needed to direct more deals their way
CITIC Capital has scaled up for its latest China fund, raising 75% more capital than in the previous vintage. The buyout-focused GP expects tighter liquidity to drive more corporate carve-outs
Australia’s Private Equity Partners (PEP) has agreed to pay A$340 million ($230 million) for the Asia Pacific division of US automotive industry equipment supplier Horizon Global.
Bain Capital has agreed to buy the Australia and New Zealand businesses of market research and consulting company Kantar from the local branch of UK-based media conglomerate WPP Group for A$168 million ($114 million).
Korea’s Pavilion Private Equity has agreed to acquire a controlling stake in domestic firefighting equipment maker Paratech for about KRW65 billion ($54 million).
KKR has announced a strategic partnership with Hong Kong-listed lighting solutions company NVC Lighting in which the GP will acquire a controlling stake in NVC’s mainland China business.
Integral Corporation has agreed a JPY50 billion ($471 million) carve-out of a subsidiary of Tokyo-listed Sanden Holdings Corporation that supplies refrigerators for use in convenience stores and vending machines.
KKR has agreed to buy a portfolio of Asian assets – the most significant of which is Australian biscuit brand Arnott’s – from US-listed food multinational Campbell Soup for an enterprise valuation of $2.2 billion.
Unison Capital has made the first investment from a newly created platform that will pursue a roll-up strategy in Japan’s hospital industry, with JPY50-60 billion ($467-560 million) set to be committed over the next five years.
Baring Private Equity Asia has acquired Korean consumer finance and leasing services provider Acuon Capital from JC Flowers for an undisclosed sum.
Japan Industrial Partners (JIP) has agreed to buy NEC Corporation's majority stake in Tokyo-listed electronics supplier Nippon Avionics and launched a tender offer that values the company at about JPY3.1 billion ($28.4 million).