Buyouts
CHAMP Ventures invests TSMarine
In the latest in a series of Southeast Asian oil and gas offshore servicing deals, CHAMP Ventures, the specialist mid-market arm of Australia’s CHAMP group, has acquired the Asia Pacific businesses of financially distressed Scottish parent TSMarine...
MBK acquires Young Hwa, targets Kumho Rent A Car
MBK Partners has reportedly completed the 100% acquisition Korean steel structures manufacturer Young Hwa Engineering Co., paying around $85 million, with roughly 50% of the purchase price to be funded by leverage from Hana Bank.
PEP lifts Energy Developments bid
Leading Australian buyout player Pacific Equity Partners has reportedly increased its bid for Queensland-headquartered Energy Developments Ltd, which has been seeking a buyer since July 2008, to some A$431 million ($395 million), seeking to acquire the...