Exits
Rohatyn-backed Sansera files for India IPO
Indian automotive and aerospace parts manufacturer Sansera Engineering has filed for an IPO that will provide a partial exit for its private equity backer The Rohatyn Group (TRG).
Chinese online drugstore operator targets US listing
Chinese online pharmacy operator 111 Inc, which counts ClearVue Partners, Verlinvest and BioVeda Capital among its investors, has filed for an IPO in the US.
Macquarie buys Asia solar platform
Green Investment Group (GIG), a global clean energy investment platform managed by Macquarie Capital, has acquired Conergy Asia & ME, a Singapore-based solar power developer owned by Goldman Sachs Asset Management and Tennenbaum Capital Partners.
Deal focus: EMR spins golden returns from Martabe
EMR Capital has secured a $1.2 billion exit from Indonesia's Martabe gold and silver mine to strategic player United Tractors
TPG-backed Dodla files for India IPO
Indian dairy firm Dodla Dairy has filed for an IPO that will provide a partial exit for its private equity backer TPG Growth, the growth investment arm of TPG Capital.
EMR consortium exits Indonesia's Martabe to strategic player
EMR Capital, Farallon Capital, and other investors have agreed to sell their stake in Indonesia’s Martabe gold and silver mine to United Tractors, an Indonesia-listed mining business owned by global conglomerate Jardine Matheson Holdings.
PE-backed Chinese healthtech firms to merge
China-based healthcare platforms Tencent Doctorworks and Xingren.com, both of which have several private equity and venture capital investors, have agreed to merge.
India's Epiq closes first three investments
Epiq Capital, an India-focused private equity firm founded by Matrix Partners India co-founder Rishi Navani, has completed its first three investments in eyewear retailer Lenskart Solutions, financial technology company Mswipe, and online home rental...
TPG, MBK agree sale of Wharf T&T to Hong Kong’s HKBN
TPG Capital and MBK Partners have agreed to sell Hong Kong telecom services provider Wharf T&T to internet service provider Hong Kong Broadband Network (HKBN) at an enterprise valuation of HK$10.5 billion ($1.3 billion).
China's PE-backed Weimob applies for HK IPO
Weimob, a Shanghai-based provider of marketing and cloud services to online merchants that is backed by Tencent Holdings and several private equity firms, has filed for an IPO in Hong Kong.
Tokio Marine agrees $163m sale of Japan's Izumi
Tokio Marine Capital has agreed to sell Izumi Products, a Japanese manufacturer of electric tools and home appliances, to Maxell Holdings and Development Bank of Japan (DBJ) for JPY18.2 billion ($163.5 million).
PE-backed China Everbright Water files for HK IPO
China Everbright Water, a Singapore-listed water environmental solutions provider focused on China and backed by RRJ Capital and the International Finance Corporation (IFC), has filed for a dual listing in Hong Kong.
Actis confirms $150m exit from China diagnostics business
Actis has confirmed that it made a full exit from Chinese in vitro diagnostics (IVD) business Beijing Chemclin Biotech, also known as Kemei Biotechnology, for $150 million.
India's PE-backed Muthoot files for IPO
Indian microfinance services provider Muthoot Microfin, part of the Muthoot Pappachan Group, has filed for an IPO that will provide a partial exit for several investors, including US private equity firm Creation Investments.
Pinduoduo gains 40% on debut after $1.63b US IPO
Chinese social e-commerce platform Pinduoduo – which is backed by Gaorong Capital, Sequoia Capital, and Tencent Holdings, among others – saw its shares gain 40% on debut following a $1.63 billion IPO.
New Zealand's Maui Capital agrees Pedersen trade sale
Australian logistics infrastructure services company Linx Cargo Care has agreed to buy Pedersen, a New Zealand wood processing player owned by Auckland-based Maui Capital, for an undisclosed sum.
China AI start-up DeePhi Tech sold to Xilinx
DeePhi Tech, a Beijing-based start-up focused on artificial intelligence (AI) and machine learning with backing from several VC investors, has been acquired by US-based computer processor developer Xilinx.
India healthcare: The growth infusion
Indian hospitals are increasingly attractive for private equity investors. GPs can thrive in the space with a well-defined growth strategy that takes local market requirements into account
Tata completes first exit from Opportunities Fund
Tata Capital has completed its first exit from the Tata Opportunities Fund, securing an IRR of over 50% and a 6x gross multiple through the IPO of auto components manufacturer Varroc Engineering.
China tech: Speedy returns
The emergence of a younger generation of Chinese consumers willing to pay for online content and services has shortened the path to profitability - and perhaps to IPO as well - for some start-ups
Navis to sell stake in Singapore's White Lodge Education
Navis Capital Partners has agreed to sell a 70% stake in White Lodge Education Group Services, a Singapore-based preschool and kindergarten operator, for S$13.3 million ($9.8 million).
SCPE buys stake in India travel business from Naspers
Standard Chartered Private Equity (SCPE) has invested an undisclosed amount in Indian online travel company Travel Boutique Online (TBO) to acquire a stake held by South African internet conglomerate Naspers.
China fintech specialist Pintec files for US listing
Pintec Technology, a Chinese financial technology business backed by Ventech China, Xiaomi Ventures, and Matrix Partners China, among others, has filed for a US IPO.
VCs see opening for Southeast Asia exits – AVCJ Forum
Venture capital firms in Southeast Asia see a growing range of exit avenues thanks to a maturing local start-up market and increasing interest from global investors.
