Actis Capital
Take-private deals for China's 7 Days, Feihe near completion
Chinese budget hotel chain 7 Days Group Holdings is set to be privatized after shareholders voted in favor of a PE-backed management buyout that values the company at around $688 million. A $147 million privatization of Chinese dairy firm Feihe International...
Tata Capital to buy minority stakes in Tata Sky, infra assets
Tata Capital’s Tata Opportunities Fund (TOF) is in the process of buying minority stakes in direct-to-home (DTH) TV provider Tata Sky and TRIL Roads.
Warburg Pincus invests in India's Avtec, Actis exits
Warburg Pincus has acquired a minority stake in Avetec, an Indian manufacturer of precision-engineered products, facilitating an exit for Actis. The value of the transaction was not disclosed.
CX Partners to close India Transaction Solutions deal - update
CX Partners is near to closing its acquisition of a 75% stake in the Indian ATM unit of Australia's Transaction Solutions International (TSI) for $22 million.
7 Days board agrees to PE-backed buyout
Chinese budget hotel chain 7 Days Group has accepted a take-private offer from its co-chairmen and three private equity investors that values the company at approximately $688 million. Two PE firms, The Carlyle Group and Sequoia Capital, were initially...
Healthy holidays: PE and medical tourism
Asia’s medical tourism sector is growing rapidly as visitors flock east for cheap surgical procedures. How big is the opportunity for private equity and where can it be found?
Actis adds to Southeast Asia team
Actis has expanded its Southeast Asia team by appointing Ivy Santoso as Indonesian country head and Arjun Oberoi as global healthcare sector head.
Actis invests in Chinese medical equipment manufacturer
Actis has entered China’s healthcare space by purchasing a significant minority stake in Nanjing Micro-Tech, a manufacturer of specialist medical equipment used in hospitals and surgeries.
Actis launches fourth India-focused fund
Actis Capital is raising its fourth India-focused fund, four years after its predecessor closed at $500 million. The move comes at a difficult time for the Indian fundraising environment, resulting in some GPs dropping out of the market while others take...
Actis exits Xiabu Xiabu in secondary sale
In the past 12 months we have seen a 10-fold increase in secondary sales in China by value, but it is unwise to read too much into the spike: 80% of the $2.9 billion total came from Goldman Sachs selling its minority interest in Industrial and Commercial...
Actis exits hotpot chain Xiabu Xiabu to General Atlantic
Actis has exited Chinese hotpot chain Xiabu Xiabu to General Atlantic after an investment period of four years.
CX Partners invests in TSI’s India ATM business
CX Partners has invested INR1.2 billion ($23 million) in India ATM business of Transaction Solutions International (TSN), an electronic transactions specialist listed in Australia.
Actis supports Sri Lanka hospital consolidation
For Asiri Hospital Holdings (AHH) in Sri Lanka, read India’s Sterling Hospitals in India. Actis, which has acquired a $32 million equity stake in the Sri Lankan healthcare operator, found itself looking at a similar market dynamic when it first invested...
Actis in Chinese casual dining MBO
Networks count, and nowhere more so than in China. This was especially evident during Actis’ investment in Shanghai-based casual dining chain Bellagio, announced last week.
Actis invests in Sri Lankan hospital chain
Emerging markets-focused private equity firm Actis has invested $32 million for approximately 30% of Asiri Hospital Holdings (AHH), Sri Lanka’s largest private hospital group. The company operates three facilities in Colombo and two in Matara, with...
Carlyle, Sequoia in take-private bid for Chinese budget hotel chain
7 Days Group Holdings, a US-listed Chinese budget hotel chain backed by Warburg Pincus and Actis, has received a take-private proposal from a consortium comprised of The Carlyle Group, Sequoia Capital China and certain existing shareholders including...
Actis backs Chinese casual dining chain
Emerging markets private equity firm Actis has announced an investment in Chinese casual dining chain Bellagio.
Actis appoints two new directors in Asia
Actis has appointed two new directors, Danny Koh and Max Lin, who will be based in Singapore and Beijing, respectively. Koh will be head of deal origination for Southeast Asia while Lin will focus on China investments.
Actis backs Chinese kitchen equipment designer
Emerging markets private equity firm Actis has invested in Vesta, a major Chinese commercial kitchen equipment company.
Actis invests $40m in AGS Transact Technologies
Actis has invested $40 million in TPG-backed AGS Transact Technologies (AGS), one of the leading automatic teller machine (ATM) outsourcing and payments company in India.
Actis invests in Sri Lanka’s Asiri Central Hospitals
Actis has purchased a 10.8% stake in Sri Lanka’s Asiri Central Hospitals for LKR604 million ($4.5 million). The emerging markets-focused private equity firm acquired 2.4 million shares in the Colombo-listed company from Softlogic Holdings, Commercial...
Actis exits Dalmia Bharat Sugar & Industries - report
Actis is said to have exited its 5.5% stake in Dalmia Bharat Sugar & Industries - formerly Dalmia Cement Bharat - for INR82.7 million ($1.5 million).
Shareholder revolt at Actis-backed Halonix - report
Shareholders at halogen bulb and lamp manufacturer Halonix have reportedly complained to India’s market regulators that the company has violated the country’s Foreign Exchange Management Act.
Actis loses Southeast Asia head
Gary Addison, head of Actis’ Singapore office, has reportedly resigned after four-and-a-half years with the firm. Formerly a partner with 3i Group in London, he moved to Singapore in 2009 to lead Actis’ Southeast Asia operations, replacing Alun Branigan.