Investments
JAFCO will buy 78% stake in Japanese budget barbershop from ORIX
ORIX Corp., the Japanese leasing and financial conglomerate, is reportedly selling a 78% stake in QB House, the operator of a discount barbershop chain, to JAFCO Co., Ltd., the Japanese venture capital pioneer in a deal estimated at around JPY10 billion...
CVC stalled in QSR process against Carlyle, KKR rumored: reports
The newly formed consortium of CVC Capital Partners Asia Pacific and Malaysian group Idaman Saga has failed to top a bid by the Carlyle Group for QSR Brands Bhd, the local food services group that controls franchises for Kentucky Fried Chicken plus Pizza...
Healthcare Locums confirms purchase of CHAMP PE investee Healthcare Australia
UK-based Healthcare Locums has confirmed its acquisition of Healthcare Australia Holdings Pty, which is majority-owned by CHAMP Private Equity, via the payment of A$122.5 million ($118.6 million) in cash.
CVC-controlled Samsonite considers IPO in Hong Kong
Private equity-backed Samsonite, the famous Luxembourg-based luggage maker, is reportedly considering an initial public offering in Hong Kong, aiming to raise $1 billion to achieve liquidity for its owner, CVC Capital Partners.
ARCH sees 4.7x return from Goodbaby's public debut
Goodbaby International Holdings Limited, backed by ARC Capital Holdings Limited (ARCH), a closed-end investment firm with a focus on China, debuted on the Hong Kong Stock Exchange this week, raising HK$1.47 billion ($189.4 million). It issued 300 million...
KKR investee China Modern Dairy sees flat opening in HK
Kohlberg Kravis Roberts investee China Modern Daily, one of the largest local dairy farm companies in China, has debuted on the Hong Kong Stock Exchange in an IPO targeted to raise HK$3.5 billion ($448 million). The company opened trading at HK$2.80 ($0.36),...
Carlyle makes opportunistic bid for Malaysia's QSR Brands
The Carlyle Group has informed palm oil and plantation giant Kulim that it wants to acquire its majority stake in Malaysian integrated food services business QSR Brands Bhd, according to reports.
Warburg Pincus makes PIPE investment in Mingfa Group
Warburg Pincus has entered into a share subscription agreement with Mingfa Group, an HKSE-listed major developer in Jiangsu and Fujian that focuses on large-scale projects in second and third-tier cities.
Blackstone-backed Bluestar Adisseo Nutrition Group cancels Hong Kong IPO
Bluestar Adisseo Nutrition Group, the Hong Kong-registered animal feed producer owned by Blackstone Group investee China National BlueStar (Group) Co., has scrapped its planned listing on the Hong Kong Stock Exchange this month, due to the sudden onset...
Lin leaves ID TechVentures
Jacky Lin, a Partner at ID TechVentures working in mainland China, has left the firm.
ICICI Venture exits India textile play Sangham
ICICI Venture has exited its remaining stake in Sangham India Ltd., a textiles manufacturer and spinning business headquartered in Bhilwara in Rajasthan, for $6.85 million, as confirmed by AVCJ Research data.
Book E-commerce giant DangDang sets pricing for NYSE IPO
DangDang Inc., the Beijing-based leading B2C e-commerce company in China, has set the pricing on its planned NYSE IPO at $11 to $13, as part of its plans to raise $17 million from selling American Depository Shares.
VC investee ISoftStone files for NYSE IPO
Venture capital-backed iSoftStone Holdings Ltd., a Beijing-based provider of IT consulting and software services, has filed for a $50 million IPO on NYSE.
Carlyle-backed Claris Lifesciences makes strong debut as IPO looms
Carlyle Group-backed Claris Lifesciences Limited, maker of injectable medications, has raised an initial INR539 million ($11.8 million) through share sales to four anchor investors, coming as the company looks to raise a total of INR3 billion ($65.7 million)...
Venture-backed hiSoft Technology goes for NASDAQ secondary public offering
NASDAQ-listed hiSoft Technology International Ltd., a leading China-based provider of outsourced IT and R&D services headquartered in Dalian, China, filed for a secondary public offering of 5 million American Depository Shares last week.
Vogo takes control in Korea's Tong Yang
Vogo Fund, a leading private equity firm in South Korea, has acquired an additional 46.5% stake in Tong Yang Life Insurance from mid-sized local conglomerate Tong Yang Group for KRW900 billion ($798 million).
KEB late entry bidder: Hana
Lone Star Funds' long-drawn-out exit from Korea Exchange Bank (KEB) appears to be finally drawing to a close with the late submission by Hana Financial Group of its bid in the auction of the full 57.27% stake held by Lone Star Funds and the Export Import...
Carlyle, Accel invest OzForex
The Carlyle Group and Accel Partners have made a joint investment into OzForex Group, an Australian-originated online foreign exchange payments platform, for an undisclosed amount, seeking to support the company's expansion into Asian and Western markets....
Propel Investments will exit New Zealand funeral homes
Australasian mid-market private equity firm Propel Investments announced that it had entered into a conditional agreement to sell its 77% stake in New Zealand portfolio company Bledisloe Group Holdings Pty Ltd, to Sydney-based funeral operator InvoCare...
Blue Point makes investment in Chinese retail designer
Blue Point Capital Partners, a New York-headquartered private equity firm, has made an investment in Haya Retail, a Beijing-based retail design and retail fixture manufacturing firm.
Sequoia-backed Sky-Mobi files for $150 million NASDAQ IPO
Sequoia Capital-backed Sky-Mobi Ltd., a Chinese developer of a cell phone platform application, has filed for a $150 million initial public offering with the US Securities and Exchange Commission.
Patni in early-stage PE acquisition discussions: reports
Indian technology services provider and General Atlantic investee Patni Computer Systems is being approached by Advent International and the Carlyle Group for a potential $1 billion acquisition, according to reports.
Sino-Century China Private Equity Fund-backed Solar Company debuts on SZSE
Sino-Century China Private Equity Fund-backed Chaori Solar listed on the Shenzhen Stock Exchange on Nov 18th, raising RMB2.38 billion ($352 million).
CLSA Capital Partners may sell Everlife as secondary transaction
CLSA Capital Partners, the alternative asset management arm of CLSA Asia-Pacific Markets, reportedly plans to exit its Japanese portfolio company, food and supplement maker Everlife, in a deal worth as much as JPY70 billion ($839 million).