Investments
CHAMP seeks sale exit for Healthcare Australia
CHAMP Private Equity is in discussions with at least three potential buyers, both strategic players and other PE firms, about a potential sale of its nursing and aged care staffing business Healthcare Australia, with a probable price tag of around A$150...
India's Pipavav Shipyard sees private equity exit
After a successful listing on India's Bombay Stock Exchange last year, Indian shipbuilder Pipavav Shipyard Ltd. has said that private equity investors, including Indus Capital, New York Life Insurance, Standard Chartered Private Equity and Trikona Capital,...
Advantage Partners buys apartment management company in Japan
Advantage Partners, the Tokyo-based private equity firm, has acquired a local apartment management company, Marimo Community Co., for an undisclosed amount.
Carlyle hits Taiwan regulatory delay in Kbro exit
The Carlyle Group’s planned $1.14 billion sale of Taiwanese cable TV/broadband asset Kbro to the local Tsai family, backers of strategic peer Taiwan Mobile, failed to receive its expected regulatory nod, as Taiwan’s National Communications Commission...
J-STAR acquires Japanese medical solutions firm Apo Plus Station in LBO
J-STAR Co. Ltd., a Japanese private equity investment company focusing on MBOs, has bought out Apo Plus Station Co., Ltd, a privately-held medical solutions company.
Goldman Sachs exits 22% stake in Cremica Foods to Motilal Oswal Private Equity
Motilal Oswal Private Equity Advisors has bought Goldman Sachs’ 22% stake in Indian investee Cremica Foods for $15 million – the same amount that Goldman spent for the investment in 2006, according to local reports citing figures close to the deal.
Morgan Stanley PE invests Sequoia-backed luxury retailer Sparkle Roll
Morgan Stanley Private Equity Asia (MSPEA) has injected $42 million in HKSE-listed Sparkle Roll Group, which retails branded luxury products such as cars, jewelry and wine.
Saratoga-backed Tower Bersama may raise $179 million in IPO
Saratoga Capital-backed Tower Bersama Infrastructure, an Indonesian provider of telecommunication towers, could raise up to IDR1.6 trillion ($179 million) in its IPO next month.
Imprisoned founder of Bain-backed GOME fails to eject CEO
Jailed founder of GOME Electrical Appliances Holdings Ltd., Huang Guangyu, failed to receive investor support to both oust GOME's current chairman, Chen Xiao, and bring his sister and lawyer on as directors, thwarting his attempt to regain status in the...
Carlyle Kbro Taiwan deal in line for regulatory approval
The Carlyle Group is due to receive regulatory clearance for the $1.14 billion sale of its Taiwanese cable investee Kbro to the local Tsai family, principal promoters of strategic Taiwan Mobile, after the deal was stalled in June by a regulatory issue.
PEP denies NZ Griffin's Foods sale, confirms Tegel under review
Pacific Equity Partners has publicly denied that it will sell its New Zealand snacks and biscuits investee Griffin’s Foods, following reports by Australian media that the asset was up for sale alongside poultry business Tegel and cinema player Hoyts.
Unitas, Ontario Teachers suspend NZ Yellow Pages sale
Unitas Capital and its co-investor Ontario Teachers Private Capital have halted the sale process of the New Zealand Yellow Pages Group, coming amid speculation that interested parties were unable to provide satisfactory bids.
Sequoia and SIG Asia back Country Style Cooking debut on NYSE
Country Style Cooking Restaurant Chain Co., a Chinese quick-service restaurant chain operator invested by Sequoia Capital and SIG Asia, has raised approximately $82.5 million in its IPO on the NYSE.
TPG's Bonderman meets Indonesia's Vice President, discusses aviation, infrastructure
TPC Capital, already a participant in the Indonesian market through its relationship with Northstar Capital, has signaled its interest in investing in Indonesia's aviation and infrastructure sectors, a government spokesperson said earlier this week.
Crescent Capital sells NHC for $441 million
Australian PE firm Crescent Capital has sold its hearing healthcare firm National Hearing Care Group (NHC) to Italian hearing aid retailer Amplifon SA for A$460 million ($441 million), choosing to make its exit via a strategic sale instead of taking a...
Baird Capital makes joint investment in Chinese scaffolding business
Baird Capital Partners Asia (BCPA), the China-focused growth equity investment arm of Baird Private Equity, has teamed with Schulze Global Investments to back the Beijing ADG Scaffolding Engineering Co. (ADG).
CIC, OP Financial invest $16.5 million in Kazakhstan
SWF China Investment Corporation (CIC) has reportedly teamed with Hong Kong-listed investment firm OP Financial Investments to invest in Kazakhstan.
Hopu-backed Winsway to sell pre-IPO stake to Daiwa SB Investment
Hopu Investment Management-backed Winsway Coking Coal Holdings Ltd, which plans to raise up to $574 million from an IPO in Hong Kong, is about three times covered on the sixth day of its bookbuilding, and has secured Daiwa SB Investments to buy $40 million...
Aureos exits 34% stake in Indian pharma research firm Accutest
Aureos Capital has fully exited its 34% stake in Indian clinical research group Accutest Research Laboratories to investment firm Greater Pacific Capital Ltd. for an undisclosed amount.
Samsung and Prodos Capital in US may take Gianfranco Ferré
South Korean conglomerate Samsung Group and American private equity firm Prodos Capital Management emerged as the final bidders for Italian fashion house Gianfranco Ferré, which has filed for bankruptcy protection, in a deal offering to buy out the firm...
3i picks up Mizuho Investment for Europe debt
3i Group has acquired a unit of Japan's Mizuho Corporate Bank, Mizuho Investment Management (UK), which specializes in European debt, for some GBP18.3 million ($28.68 million).
Anacacia Capital supports MBO of Rafferty's Garden in Australia
Anacacia Capital, an SME-focused Australian private equity firm, and Sales Link Australasia, a leading local company in retail sales management for supermarkets and department stores, have jointly supported the management team of Rafferty’s Garden,...
Khazanah, Temasek swap land after 45 years
The Malaysian government is ready to return a train station it owns in downtown Singapore in return for six land parcels in the city-state, to be controlled by M-S Pte. Ltd., a JV 60:40 owned by Malaysian state investment fund Khazanah Nasional Bhd and...
Goldman trying to exit holdings in Primo Japan
Goldman Sachs appears to be looking for buyers for its holdings in Primo Japan Inc., a Japanese retailer of diamond rings, in a prospective deal which could fetch as much as JPY10 billion ($118 million).