Exits
Quadrant makes partial exit as iSentia IPO raises $264m
Shares in Australian media monitoring company iSentia gained nearly 20% on their trading debut after a A$283.6 million ($264.6 million) IPO facilitated a partial exit by Quadrant Private Equity.
PE-backed Ozner Water targets $158m Hong Kong IPO
Ozner Water International, a Chinese water purifier manufacturer backed by SAIF Partners, Ares Management and Goldman Sachs, wants to raise up to HK$1.23 billion ($158 million) through a Hong Kong IPO.
Australia's Ironbridge set for partial exit from Monash IVF
Australian GP Ironbridge Capital is on course to exit the majority of its stake in Monash IVF through an IPO.
MSPEA-backed Tianhe targets $818m Hong Kong IPO
Tianhe Chemicals Group, a Chinese specialty chemicals maker backed by Morgan Stanley Private Equity Asia (MSPEA), is seeking to raise up to $818 million through a Hong Kong IPO.
GIC, Insight buy US software firm, Warburg Pincus exits
Singapore sovereign wealth fund GIC Private has joined Insight Venture Partners in its $752 million purchase of iParadigms, a US maker of anti-plagiarism software, from Warburg Pincus.
Red heat: China PE on the rebound?
Investors have not been chasing as hard as they used to on opportunities in Chinese private equity these past few years. It’s not hard to understand why: the combination of slowing economic conditions, frequently unrealistic valuations, the temporary...
PEP to list Australian paper maker Asaleo for $642m
Pacific Equity Partners-owned paper maker Asaleo Care is looking to raise A$690 million ($642 million) in what would be the biggest Australian IPO this year.
Clearwater in partial exit from India's Diamond Power Infra
Asia special situations investor Clearwater Capital Partners has part-exited India's Diamond Power Infrastructure by selling a 5.5% stake for INR271 million ($4.57 million) via an open market transaction.
3i exits auto parts firm to Chinese buyer, nets 2x return
3i has sold Hilite International, a German suppler of auto engine and transmission parts, to China's AVIC Electromechanical Systems for EUR473 million ($643.8 million), generating a 2.1x return.
PE-backed Café Coffee Day eyes $1b India IPO - report
Café Coffee Day - the Indian café chain backed by KKR, Standard Chartered Private Equity (SCPE)and New Silk Route Advisors (NSR) - is said to be considering an IPO next year.
Clearwater sells jack-up rig to Middle East buyer
Asia special situations investor Clearwater Capital Partners has sold a jack-up rig built in a Singapore shipyard to a drilling services partnership between the Saudi Arabian government and Schlumberger.
Accel-backed India medical advisory service bought by Ebix
Healthcare Magic, an India-based medical advisory service that won early backing from Accel Partners, has been acquired by NASDAQ-listed on-demand software and e-commerce services provider Ebix.
Hony completes $569m sell down of CSPC Pharma
Hony Capital has made a partial exit from Chinese generic drugs maker CSPC Pharmaceutical Group, generating HK$4.41 billion ($569 million).
Apax benefits from Bright Food's ambition
Apax Partners' 6x return on its investment in Israel-based Tnuva Food Industries has been hard earned.
China's OTC market: The shortcut
JD Capital has become the first Chinese private equity firm to list on the country’s over-the-counter platform. Is the New Third Board a viable exit option – for GPs or for portfolio companies?
India e-commerce: Arms race
Chinese online retailer JD.com's US IPO was preceded by a three-year period in which it raised $1.7 billion from private equity and venture capital investors. This faith has, so far, paid off, with $1.8 billion raised through the IPO – allowing partial...
China PE funds invest in Hunan Boyun New Materials
Shenzhen-listed Hunan Boyun New Materials has raised RMB629 million ($100 million) from investors including domestic PE funds Xiangtou High-Tech Venture and Hunan Da Boyun Investment.
VC-backed Xunlei files for US IPO
Xunlei, a Chinese file-sharing and download management platform backed by a string of VC firms, has revived plans for a US IPO, two-and-a-half years after abandoning a NASDAQ offering due to market volatility.
VC-backed Indian e-commerce giant Flipkart acquires Myntra
VC-backed Indian online shopping company Flipkart has acquired fashion retailer Myntra as competition intensifies in the country's e-commerce market.
China's JD.com jumps 10% on NASDAQ debut
Shares in PE-backed Chinese online retailer JD.com jumped nearly 10% on their first day of trading on NASDAQ following a $1.78 billion IPO.
ICICI Venture-backed India theme park operator files for IPO
Adlabs Entertainment, the ICICI Venture-backed firm behind theme park Adlabs Imagica, wants to raise more than INR4 billion ($68 million) through an India IPO.
PE-backed China Auto Rental files for Hong Kong IPO
China Auto Rental, a car hire firm backed by Warburg Pincus, has revived IPO plans that were shelved in mid-2012, although it is now aiming to go public on the Hong Kong Stock Exchange rather than NASDAQ.
PEP-owned Spotless raises $919m in Australia IPO
Shares in Pacific Equity Partners-owned cleaning and catering contractor Spotless Group opened at a 9.4% premium to the IPO price on the first day of trading in Sydney following a A$994.6 million ($919 million) offering.
Chinese online retailer JD.com in $1.8b IPO
Chinese online retailer JD.com has raised $1.8 billion after its US IPO priced at a higher level than anticipated.