Exits
Japan's AGC Asahi Glass buys PE-owned CMC Biologics
Japanese glass, ceramic and chemicals maker AGC Asahi Glass has paid JPY60 billion ($510 million) for CMC Biologics, a Denmark-based biopharmaceutical manufacturer backed by several private equity firms.
CHAMP Ventures, Frontenac exit H-E Parts to Japan's Hitachi
Australia's CHAMP Ventures and its US-based partner Frontenac will exit H-E Parts – a leading provider of replacement parts for mining and construction vehicles – as Hitachi Construction Machinery agreed to buy the business for an enterprise valuation...
AVCJ Awards 2016: Operational Value Add: China Hydroelectric
NewQuest Capital Partners inspired fellow shareholders in China Hydroelectric to back an aggressive take-private and achieve a seven-fold hike in equity value
AVCJ Awards 2016: Firm of the Year & Fundraising of the Year - Mid Cap: Quadrant Private Equity
Australia-based Quadrant Private Equity has made a habit of six-week fundraises. The capital continues to target middle-market consolidation plays
India's S Chand files for IPO, Everstone to part exit
Everstone Capital is set to make a partial exit from Indian educational publisher S Chand as the company filed for domestic IPO.
KTB, Q Capital agree $354m exit from Korea's Dongbu Express
A consortium led by KTB Private Equity and Q Capital Partners has agreed to sell Korea-based logistics provider Dongwu Express to local conglomerate Dongwon Group for KRW420 billion ($354 million).
Japan's Outsourcing buys Orizon from European GP
Japanese employment services company Outsourcing has agreed to acquire German jobs portal operator Orizon, providing an exit for UK-based private equity firm Silverfleet Capital.
Cassia backs $40m investment in China retail
Cassia Investments has supported Japanese clothing maker Evisu Group's $40 million buy-back of its China retail and franchising rights.
VC-backed China photo app provider raises $629m in Hong Kong IPO
Meitu, a Chinese photo and community app provider driven by the selfie phenomenon, raised HK$4.88 billion ($629 million) in its Hong Kong IPO, securing liquidity events for several venture capital investors.
2016 in review: Uncertainty reigns
Infrastructure and late-stage technology among the few investment bright spots; renminbi vehicles dominate the fundraising landscape; public market instability undermines exit plans
Two Korean strategics confirm bids for PE-owned Daesung
South Korean conglomerates Hyosung Corporation and SK Group have both entered the bidding for Daesung Industrial Gases, an industrial gas maker controlled by a Goldman Sachs-led consortium.
Rocket Internet sells Foodpanda to Delivery Hero
Germany-based start-up developer Rocket Internet has sold its entire stake in emerging markets-focused food delivery app Foodpanda to the company's main global competitor, Delivery Hero.
Japan's Polaris agrees sale of SWP to Isetan Mitsukoshi
Polaris Capital has agreed to sell SWP Holdings, a Japanese salon and sports club operator it acquired in 2013, to department store group Isetan Mitsukoshi Holdings (IMH) for an undisclosed sum.
KDDI to buy Biglobe from Japan Industrial Partners
Japan Industrial Partners (JIP) has agreed to sell Japanese internet service provider Biglobe to KDDI Group for approximately JPY80 billion ($699 million), nearly three years after it carved out the asset from NEC.
IVFA makes partial exit from India's Syngene
India Value Fund Advisors (IVFA) has made a partial exit from India-listed pharmaceuticals company Syngene International, selling an approximately 1.6% holding for INR1.9 billion ($27.7 million).
India exits: Diamonds in the rough
Exit opportunities are available for savvy investors in India, and market professionals say prospects are good in the long term. But GPs are likely to continue to find the near future difficult
China's Ctrip to acquire VC-backed UK travel site Skyscanner
China’s largest online travel site Ctrip.com has agreed to buy Skyscanner, an airfare comparison website backed by VC investors, in a deal valuing the UK-based company at approximately GBP1.4 billion ($1.74 billion).
Deal focus: Mitsui makes medical inroads
Having lost out to KKR when bidding for Panasonic Healthcare two years ago, Mitsui & Co. seized upon a second chance to get involved and offer the company access to its global network of medical assets
India's Quikr buys Sequoia, Kalaari-backed Grabhouse
Indian classifieds site Quikr has purchased Grabhouse, a rental property listing platform backed by Sequoia Capital and Kalaari Capital.
Thailand's Charoen Pokphand buys Bellisio from US GP
Thai agro-industrial giant Charoen Pokphand Foods (CPF) has acquired frozen meals specialist Bellisio from US private equity firm Centre Partners for $1.1 billion.
KKR sells stake in Japan's Panasonic Healthcare to Mitsui
KKR has sold a 22% stake in Panasonic Healthcare, a Japanese medical equipment manufacturer in which it acquired a majority interest in 2014, to Mitsui & Co. for JPY54.1 billion ($510 million).
CDH, CCB exit Chinese hospital operator to Taiking Insurance
CDH Investments and CCB International have sold their stakes in Harmonicare Medical Holdings, operator of 11 women and children’s hospitals in China, to Taikang Insurance Group for HK$815.2 million ($105.1 million).
Eight Roads backs India's IFMR Capital
Eight Roads Ventures India has invested $25 million in Indian non-banking finance company (NBFC) IFMR Capital.
PE-backed PNB Housing Finance gains on debut after $449m IPO
PNB Housing Finance, the mortgage lender subsidiary of India's state-run Punjab National Bank that is backed by The Carlyle Group, closed up 11.35% on its trading debut following a INR30 billion ($449 million) IPO.