Australia’s Pacific Equity Partners (PEP) has carved out coat hanger manufacturer Braiform from Spotless Group, the cleaning and catering contractor it acquired earlier this year. The company now reports directly to PEP.
Increasing numbers of PE firms are upping their commitment to environmental and social governance issues at future and existing portfolio companies. What’s their motive?
Private equity globally is under more scrutiny from more directions than ever before, placing a higher value on good branding and reputation. Does the asset class also suffer from the same profile problem in Asia?
Apax Partners-owned Travelex will expand its China footprint on becoming the first overseas operator to receive a nationwide foreign exchange license. The company plans to add a further 20 outlets in the next year to its current tally of 35, begin rolling...
CVC Capital Partners has reportedly asked bankers to advise on selling shares in Matahari Department Store, the Indonesian retailer it acquired two years ago for INR7.2 trillion ($616.3 million). It remains the largest ever private equity investment in...
Everstone Capital has reached an agreement with Jones Lang LaSalle India under which the property manager will assume responsibility for four shopping malls in Pune, Kochi, Vadodara and Ahmedabad. It will provide leasing services and oversee operations,...
General Lighting (GLC), a Saudi Arabia-based portfolio company of The Carlyle Group, has agreed to buy Davex, Malaysia’s largest lighting fixtures manufacturer and supplier, for MYR183 million ($60 million). The company sees the acquisition as a platform...
CVC Capital Partners-owned Nine Entertainment has sold its ACP Magazines division to German publisher Bauer for A$500 million ($510 million). The proceeds will go towards paying down some of the Australian media company’s debt, with a senior tranche...
Guardian Childcare Alliance, the Australian childcare center operator owned by Wolseley Private Equity, has acquired Jigsaw Corporate Childcare, which operates early learning centers for employees of blue chip corporate clients.
As private equity firms pay more attention to financial management and value-add in Chinese portfolio companies, recruiting a CFO with the right blend of skills and experience is vital – but difficult
hiSoft Technology International, a major China-based company backed by investors including Wellington Management, Crosslink Capital and HarbourVest Partners has merged with VanceInfo Technologies.
Taiwanese biopharmaceutical company PharmaEngine has agreed to form a strategic partnership with VC-backed Nanobiotix, to hasten the development of one of the French nanomedicine firm’s products.
Yatra, the Indian digital travel services operator backed by VC firms including Norwest Venture Partners (NVP), has acquired Travelguru, a hotel distribution network owned by online travel agency Travelocity.
Air Energi, a portfolio company of Palatine Private Equity, has purchased the technical consulting and professional manpower division of Indonesian oil services company Satoil.
KKR India portfolio companies Bharti Infratel and Dalmia Bharat Cement are among the new additions to the private equity firm’s green portfolio program. The initiative, which now covers about 30% of KKR’s global portfolio, is designed to identify...
Nextmedia, the Australian magazine publisher owned by Wolseley Private Equity, has acquired two publications from ACP Magazines, the magazine division of CVC Asia Pacific-backed Nine Entertainment.
Eng Kong Holdings (EKH), the Singaporean container-services company owned by Navis Capital Partners, has acquired an 85% stake in Best China Development for S$14.3 million ($11.1 million).
Media Monitors, the media intelligence company owned by Quadrant Private Equity, has secured a bolt-on acquisition in the form of media monitoring firm China Clipping.
A former senior portfolio manager at CalPERS has launched a company focused on helping institutional investors maximize value from non-core and underperforming legacy alternative investments.
Innovation Network Corp. of Japan (INCJ), a public-private investment fund, has committed JPY6 billion ($80 million) to form a new media company called All Nippon Entertainment Works, which will promote Japanese content overseas.
European private equity firm Terra Firma has received the regulatory green light to open a representative office in Beijing, marking its foray into Asia.
While the region’s phenomenal growth story has mostly sidelined any discussion of distress, insiders see that changing
Government-backed INCJ is tasked with investing in growth industries, but some Japanese GPs think it is treading on their toes
A new survey shows recovering confidence in private equity, but LPs are becoming more selective about their investments.