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ADV Partners

asg-eye-hospital
TPG, Temasek invest $136m in India's Dr Agarwal’s

TPG Growth and Temasek Holdings have invested a combined INR 10.5bn (USD 136m) in Indian eyecare chain Dr. Agarwal’s Eye Hospital, setting up an exit for ADV Partners.

  • South Asia
  • 12 May 2022
iss-toilet
Deal focus: ADV’s Asia hygiene platform play

ISS Environmental Services is well-positioned as Hong Kong’s preferred provider of portable toilets. But ADV Partners has acquired the business with a view to executing a regional roll-up strategy

  • Greater China
  • 01 March 2022
spv-floor
ADV backs Asia, North America flooring manufacturer

ADV Partners has acquired a significant minority interest in CFL Technologies, a flooring materials business with a presence in multiple locations in the US, China, and Vietnam.

  • Greater China
  • 17 December 2021
ADV, Premji acquire India manufacturer

ADV Partners and Premji Invest have acquired a significant majority stake in Indian plastic molding company Micro Plastics Private (MPPL) for an undisclosed sum.

  • South Asia
  • 28 April 2021
ADV backs China postgraduate, vocational training specialist

ADV Partners has completed its investment in Universal Education Holdings, a China-based online provider of postgraduate test preparation and vocational training under the Wanxue brand.

  • Greater China
  • 15 May 2020
ADV hires ex-KKR executive to head up Southeast Asia

ADV Partners, a mid-market pan-Asian private equity firm, has recruited Rahul Bhargava as a managing director to lead coverage of Southeast Asia.

  • Southeast Asia
  • 20 April 2020
Chinese cosmetic surgery business seeks $32.5m in US IPO

Aesthetic Medical International Holdings, a Chinese cosmetic surgery chain that failed to get traction with a Hong Kong IPO four years ago, has filed to list in the US. Its private equity backers include IDG Capital and ADV Partners.

  • Greater China
  • 17 October 2019
ADV to buy heavy vehicles unit from India's Tata

ADV Partners has agreed to acquire heavy vehicles producer Dutch Lanka Trailer Manufacturers (DLT), a Sri Lanka-based subsidiary of Indian conglomerate Tata Group, for INR3.05 billion ($43.7 million).

  • South Asia
  • 21 May 2019
ADV invests $105m in India's Feedback Infra

ADV Partners has invested INR6.85 billion ($105 million) in Indian infrastructure project advisory firm Feedback Infra.

  • South Asia
  • 21 March 2018
PE-backed Amber Enterprises files for India IPO

Amber Enterprises, an India-based air conditioner manufacturer backed by ADV Partners, has filed for an IPO to raise INR5.6 billion ($84.8 million).

  • South Asia
  • 04 October 2017
NYSTRS to invest $100m in ADV's second Asia fund

New York State Teachers’ Retirement System (NYSTRS) has disclosed a commitment of $100 million to ADV Partners’ second Asian special situations fund. The PE firm closed its debut vehicle at $545 million in 2015.

  • Greater China
  • 03 August 2017
ADV commits $45m to Indian hospital chain, Invascent exits

ADV Partners has invested $45 million in Indian hospital chain Dr. Agarwal's Healthcare, providing an exit for existing backer Invascent Capital.

  • South Asia
  • 01 February 2016
ADV in $545m final close on debut Asia fund

ADV Partners has reached a final close of $545 million on its debut pan-regional fund, exceeding the $500 million target. Approximately 30% of the corpus has already been deployed.

  • Credit/Special Situations
  • 21 September 2015
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