PAG Asia Capital has sold Young Toys, a South Korea-based toy manufacturer it has owned since 2015, to a consortium led by MiraeN Group, a leading local publisher.
Navis Capital Partners has sold Australian educational resources provider Modern Star to local private equity firm Pacific Equity Partners (PEP) at an enterprise valuation of about A$600 million ($433 million).
CVC Capital Partners will exit personal care products manufacturer Softex Indonesia after US multinational Kimberly-Clark agreed to acquire the business for approximately $1.2 billion.
Creador's $34 million investment in packaging supplier Shriji Polymers represents an indirect bet on India's growing pharmaceutical industry. Product development and capacity expansion are priorities
Affirma Capital – formerly Standard Chartered Private Equity – has agreed to sell EMC Holdings, a South Korea-based waste and wastewater treatment business, to a unit of local conglomerate SK Corporation.
Private equity investors are seeing significant IPO and exit activity out of China despite macroeconomic and geopolitical uncertainty arising from COVID-19 and China-US tensions, respectively.
Malaysian government-backed private equity firm Ekuinas has sold Primabaguz, a local producer of premium halal meat-based products, to US-based Johnsonville International for MYR175 million ($42 million).
The Carlyle Group has agreed to sell its majority stake in Korean apparel manufacturer Yakjin Trading Corporation to domestic fashion giant JS Corporation for around KRW14.3 billion ($12 million).
Tokyo-listed healthcare provider Solasto will acquire 100% of Japan Elderly Care Service for JPY2.3 billion ($22 million), providing an exit for local private equity firm ACA Investments.
Microsoft Corporation wants to continue discussions over the purchase of the US operation of TikTok from PE-backed Chinese technology giant ByteDance amid threats from US President Donald Trump to ban the short video platform.
Steadview Capital has invested $85 million in India and US-based cloud business software developer Freshworks through the purchase of shares from existing investors.
Canada’s Ontario Municipal Employees Retirement System (OMERS) has bought a 20% stake in Australian electricity network operator TransGrid for an undisclosed sum.
Asia has seen remarkable revivals in private equity investment and fundraising – though not in exits – over the past three months. A handful of large-cap situations mask a weak environment
Indian online education platform Unacademy has acquired a majority stake in industry peer Mastree. It is the company's second acquisition in recent weeks, suggesting a consolidation strategy within the space.
Vietnam’s VinaCapital and Japan’s Daiwa PI Partners are poised to make a partial exit from Vietnamese dairy producer International Dairy Products (IDP).
TA Associates has invested an undisclosed sum in the National Stock Exchange of India (NSE).
Tencent Holdings has agreed to acquire the assets of Malaysia-headquartered streaming platform Iflix, which was previously backed by a number of private equity and strategic players.
Southern Capital Group and HPEF Capital Partners – formerly Headland Capital Partners – have agreed to sell Singapore-based Canadian International School (CIS) to Hong Kong-listed China Maple Leaf Educational Systems for S$680 million ($488 million),...
Ascendent Capital Partners has agreed to make a full exit from Chinese dairy producer Ningxia Harmony Dairy Development with New Hope Dairy set to buy the business for an enterprise valuation of RMB1.7 billion ($240 million).
Advantage Partners has completed its exit from Japanese kitchenware products manufacturer FMI Corporation to Toho Group, a Tokyo-listed food wholesaler that bought a majority stake in the business two years ago.
EMPG, a real estate classifieds marketplace group headquartered in the United Arab Emirates, has acquired Lamudi Global, which runs property market portals in the Philippines and Indonesia.
India and Southeast Asia-focused private equity firm Everstone Group has agreed to sell Singapore-headquartered human resources software provider Excelity Group to US peer Ceridian. The size of the deal has not been disclosed.
Indonesia’s Go-Jek has completed its acquisition of Moka, a local financial technology provider with several VC backers, in a deal estimated to be worth $130 million.
Italian lender Compass Banca has abandoned its purchase of a 19.9% stake in Indonesia’s BFI Finance from TPG Capital and Northstar Group, citing economic disruption created by the coronavirus outbreak.