Private equity exits in Asia are on a roll, driven by rising Chinese strategic interest and the emergence of larger pan-regional private equity firms looking for secondary buyouts, industry participants told the AVCJ USA Forum.
Apax Partners has acquired Indian medical devices supplier Healthium Medtech, facilitating exits for TPG Growth and CX Partners.
Varroc Engineering, an Indian auto component manufacturer owned by the Varroc Group, has filed for an IPO that will see its private equity backer Tata Capital exit the bulk of its holding.
Ezaki Glico, a Japanese food company that markets a number of branded snack products, has acquired a majority stake in chocolate maker TCHO from US growth and venture capital firm Emil Capital Partners.
Partners Group has confirmed a 3.2x return on its investment in Japan Solar as part of a previously announced larger Asia energy acquisition by Global Investment Partners (GIP).
Baring Private Equity Asia has exited its 100% stake in Singaporean tertiary education institution PSB Academy to Intermediate Capital Group (ICG) for an undisclosed sum.
A selection of the key fundraising, investment and exit events - presented in chronological order - from the past 12 months
India’s ICICI Venture Funds Management will exit part of its stake in Krishna Institute of Medical Sciences (KIMS) in a planned domestic IPO.
The Riverside Company has sold Learning Seat, an Australia-based online compliance training specialist, to NASDAQ-listed marketing services provider Callidus Software for $26.4 million in cash.
Hong Kong-based special situations investor SSG Capital Management has paid an undisclosed sum for a 34.4% stake in a UK subsidiary of Indian travel company Cox & Kings (C&K) known as Prometheon Holdings.
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KKR was named firm of the year and won the large-cap fundraising prize at the 2017 AVCJ Private Equity & Venture Capital Awards. Yichen Zhang of CITIC Capital was honored as PE professional of the year while PAG Asia Capital and an MBK Partners and Goldman...
New Zealand’s Pencarrow Private Equity has agreed to sell its entire stake in Icebreaker, a domestic clothing brand that specializes in outdoor winter apparel, to US-listed competitor VF Corporation.
Global Infrastructure Partners (GIP) has agreed to acquire 100% of Equis Energy, a project platform of 180 assets under private equity investor Equis Funds Group, for $5 billion. It is said to be the world’s largest renewable energy generation acquisition...
TPG Capital has sold its stake in Myanmar Distillery Company (MDC), the producer of Grand Royal Whisky, as a Thailand-based strategic acquired a majority interest in the business.
Voting for the 2017 AVCJ Private Equity & Venture Capital Awards has now closed. Many thanks to all those who participated.
New Zealand’s Waterman Capital has exited its entire 50% stake in HealthLink, a local online services provider for the healthcare industry, to Ireland-based medical technology specialist Clanwilliam.
Exit activity in Australia has followed a boom and bust pattern in recent years. Investors are consequently cautious about near-term IPO potential but not inactive
The Carlyle Group has agreed to reduce its stake in Japan-listed manufacturing industry equipment supplier Tsubaki Nakashima from about 47% to 2.4%.
Baring Private Equity Asia and Canada Pension Plan Investment Board (CPPIB) have completed their $4.3 billion privatization of US-listed Nord Anglia Education, a school operator in which Baring Asia was already majority shareholder.
CITIC Private Equity and Chinese drug developer 3SBio – which the PE firm took public in Hong Kong two years ago – have agreed to buy the contract development and manufacturing (CDMO) business of Canada’s Therapure Biopharma for $423 million, including...
Advantage Partners has completed a full exit of Hong Kong-based and China-focused facility management services company ESG Holdings. It was the Japan-focused firm's first China buyout.
Baring Private Equity Asia has completed its exit from Japanese home improvement center operator Joyful Honda – the first joint investment by the firm’s private equity and real estate funds – generating a gross IRR of around 45%.
Future Venture Capital (FVC) has agreed to acquire Japanese media company All Nippon Entertainment Works (ANEW) from government-owned investor Innovation Network Corporation of Japan (INCJ).