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J-Star seals first secondary exit

Japan has seen 61 private equity secondary exits since 2011 – more than the combined total for the 10 years before that. This surge in activity can largely be traced back to buyouts from the years leading up the global financial crisis. Investors want...

  • Exits
SAI Global process ends with no full buyout offer

SAI Global, the Australian risk management and standards compliance business that launched a sale process after receiving a A$1.1 billion ($1 billion) buyout offer from Pacific Equity Partners (PEP), has received no final bids for the entire company....

PEP, KKR target SAI Global extends bid deadline

Australian risk management and standards compliance business SAI Global – which is subject to a takeover bid from Pacific Equity Partners (PEP) and KKR – has extended the deadline for other offers.

TPG, PAG lead $1.2b acquisition of property manager DTZ

TPG Capital and PAG Asia Capital, together with co-investor Ontario Teachers' Pension Plan (OTPP) have agreed to buy DTZ, the property services arm of Australia-listed UGL, for an enterprise valuation of A$1.215 billion ($1.2 billion).

PEP-owned Spotless raises $919m in Australia IPO

Shares in Pacific Equity Partners-owned cleaning and catering contractor Spotless Group opened at a 9.4% premium to the IPO price on the first day of trading in Sydney following a A$994.6 million ($919 million) offering.

India's iYogi raises $28m Series E round

Axon Partners Group and Madison India Capital have teamed up with existing investors to provide a $28 million Series E round of funding for iYogi, an India-based technology support services provider.

PEP-owned Spotless targets $928m IPO

Spotless Group, the Australia and New Zealand-focused cleaning and catering contractor bought by Pacific Equity Partners (PEP) in 2012, is seeking to raise approximately A$1 billion ($928 million) through an IPO.

Carlyle to buy Tyco's Korea unit for $1.93b

The Carlyle Group has agreed to buy fire safety and security systems provider Tyco International’s South Korean business for $1.93 billion. According to AVCJ Research, it is the largest-ever buyout in Korea by a global private equity firm.

Baring Asia exits Indonesian aviation services provider

Baring Private Equity Asia has sold its 41.65% stake in air freight and passenger services provider Cardig Aero Services (CAS) to Singapore Airport Terminal Services (SATS) for IDR1.1 billion ($93.5 million). The PE firm invested approximately $41 million...

Aspada invests in Indian supply chain services firm

Aspada Investment invested INR100 million ($1.6 million) in ThinkLink Supply Chain Services, which provides skill development and staffing services as well as turnkey project management to companies in India’s logistics sector.

Australia's PEP sells Link stake to Macquarie, ICG - report

Australia’s Pacific Equity Partners (PEP) has reportedly sold a 25% stake in share registry and superannuation administration services provider Link Group to Macquarie Group and Intermediate Capital Group for around A$200 million ($187 million).

H&Q invests $90m Monster-owned JobKorea

H&Q Korea has agreed to buy a 49.9% interest in JobKorea, the South Korean operation of Monster Worldwide, for an aggregate purchase price of $90 million. Monster will retain management control of the business, with H&Q supporting regional expansion efforts....

KKR considers bid for Australia's Regis Aged Care - report

KKR is said to be interested in buying Macquarie Group’s take in Regis Aged Care, one of Australia's largest private senior care home operators. There is significant private equity interest in the aged care space, which is seen as ripe for consolidation....