Buyouts
XIO Group to acquire Israel's Meitav Dash for $387m
XIO Group, a PE firm founded by several Asia-based investment professionals with a view to buying companies in North America and Europe and helping them tap emerging market opportunities, has agreed to acquire Israeli investment firm Meitav Dash for ILS1.48...
Integral acquires majority stake in Tokyo-listed wig maker
Integral Corp. has acquired a majority interest in Aderans, a Japan-based provider of male and female wigs, for JPY17.1 billion ($150 million).
MBK submits tender offer for Tokyo-listed Accordia Golf
MBK Partners has submitted a tender offer for listed Japanese golf course operator Accordia Golf that values the business at approximately JPY102.5 billion ($912 million).
VC-backed KFit buys Groupon Malaysia
Malaysian gym membership app KFit, whose VC backers include Sequoia Capital and Venturra Capital, has acquired Groupon Malaysia.
KKR to make $4.5b tender offer for Japanese auto parts manufacturer
KKR has agreed to buy Nissan Motor’s 41% holding in Japanese automotive components supplier Calsonic Kansei Corporation and launch a tender offer to acquire the company in full at a valuation of JPY498.3 billion ($4.5 billion).
India's Quikr buys Sequoia, Kalaari-backed Grabhouse
Indian classifieds site Quikr has purchased Grabhouse, a rental property listing platform backed by Sequoia Capital and Kalaari Capital.
Portfolio: IVFA and India's HiCare
IVFA bought HiCare with an eye to cornering India’s nascent pest control market, but the firm’s ambitions for the company are much greater
Asia PE and upstream energy: Under the pump
Although a low oil price environment has created interesting inroads for PE investors seeking exposure to Asia’s growing energy consumption story, challenges of timing and targeting have slowed uptake
Quadrant creates Australia experiential tourism platform
Quadrant Private Equity has made two further Australia tourism acquisitions, adding ferry and tour service Rottnest Express and cruise operator Cruise Whitsundays to a platform that already includes Great Southern Rail (GSR).
China's CIC to step up overseas direct investments
Sovereign wealth fund China Investment Corporation (CIC) plans to accelerate the pace of its overseas direct investments, with a view to supporting Chinese economic modernization.
GPs see the Asia risk premium narrowing - AVCJ Forum
Private equity investors still expect a risk premium in Asia, although given uncertainty in Western markets and the relative stability in Asia’s more mature economies, it is debatable how long the status quo will last, industry participants told the...
CHAMP-backed Accolade Wines acquires Australian competitor
Accolade Wines, an Australian wine producer owned by CHAMP Private Equity, has agreed to acquire domestic peer Fine Wine Partners from Japanese-owned food and beverage company Lion.
Hony emphasizes its global ambitions
Hony Capital has reiterated its commitment to helping Chinese companies go global, in addition to supporting international firms that want to maximize their exposure to China – and the firm established a presence in Shenzhen to address these opportunities.
Two wins apiece for Quadrant, PAG, Affinity at AVCJ Awards
Quadrant Private Equity and PAG Asia Capital secured two wins apiece at the 2016 AVCJ Private Equity & Venture Capital Awards, with the former taking the firm of the year and mid-cap fundraise prizes, while the latter was recognized in the deal of the...
Q&A: CDH Investments' Shangzhi Wu
Shangzhi Wu, chairman of CDH Investments, discusses China’s slowing economy, the gems to be found in the middle market, cross-border opportunities, and making a multi-strategy firm institutionalized
Warburg Pincus supports take-private of Singapore's ARA
Warburg Pincus has joined a consortium of investors including China’s Avic Trust to privatize Singapore-listed real estate fund management company ARA Asset Management.
American Industrial Partners to buy Australia's Moly-Cop for $1.2b
American Industrial Partners (AIP) will buy Moly-Cop, the mining consumables division of struggling Australian mining and materials giant Arrium for an enterprise value of $1.23 billion.
New Horizon pursues legal action over Japan's Sagami
Japanese GP New Horizon Capital has initiated legal action against Sagami, a domestic clothing retailer which it had targeted for acquisition. It claims the company accepted a weaker offer from rival PE bidder Aspirant Group.
Quadrant-backed UPG acquires Australia's Rockpool
Quadrant Private Equity has taken control of Australian restaurant operator Rockpool Group via a bolt-on acquisition by existing portfolio company Urban Purveyor Group (UPG).
China-backed PE firm buy Lattice Semiconductor for $1.3b
Canyon Bridge Capital Partners, a newly-formed US-based buyout firm backed by Chinese LPs, has agreed to acquire NASDAQ-listed chip maker Lattice Semiconductor for $1.3 billion.
Alibaba-backed Lazada buys Singapore's RedMart
Lazada, a Southeast Asia-based e-commerce platform founded by Germany's Rocket Internet and recently acquired by Chinese e-commerce giant Alibaba Group, has bought Singapore-based online grocer RedMart.
Deal focus: J-Star helps Asiro bring law online
Asiro came into being as a means of addressing the demand-supply imbalance in Japan's legal services industry. New owner J-Star will help the company expand its platform
EQT buys Australian aerospace business
EQT Partners has agreed to pay Australian logistics conglomerate Brambles $130 million for its aviation industry services unit, Chep Aerospace Solutions.
Advent buys China mattress maker from CITIC Capital
Advent International has acquired a majority stake in Chinese mattress maker King Koil Shanghai Sleep System from CITIC Capital Partners for an undisclosed sum.