buyout
Brookfield, Kotak acquire Indian road, power projects
Brookfield Asset Management and Kotak Mahindra’s Core Infrastructure India Fund will buy six road and three power projects from Gammon Infrastructure Projects.
Vogo buys Korean lifestyle product maker Bodyfriend
Vogo Investment has acquired a controlling stake in Bodyfriend, South Korea's largest maker of massage chairs and other lifestyle products, in a management buyout.
VIDEO: Warburg Pincus' Charles R. Kaye
Twenty years after Warburg Pincus set up shop in Asia, the region accounts for one third of the firm’s headcount and approximately one third of its most recent global fund. However, Charles R. Kaye, co-CEO of Warburg Pincus, is non-committal when asked...
Good Resources commits $93m to finance Go Scale’s Lumileds deal
Good Resources Holdings, a Hong Kong-listed investment firm controlled by Chinese billionaire Kinming Cheng, has agreed to contribute $93 million to the PE-led acquisition of Lumileds, the LED components and automotive lighting unit of Dutch electronics...
Partners Group-owned Trimco buys A-Tex from Polaris
Trimco, a Hong Kong-headquartered garment label manufacturer controlled by Partners Group, has agreed to buy industry peer A-Tex from Europe-based Polaris Private Equity.
Portfolio: Morgan Stanley Private Equity Asia and AMTD
Hong Kong-based financial advisor AMTD wants to meet the needs of mainland investors looking to access international markets. Morgan Stanley Private Equity Asia is helping the firm best position itself
Australia’s Anchorage agrees $150m Affinity Education deal
Anchorage Capital Partners has agreed to buy Affinity Education for A$208.3 million ($150 million) after the Australian Securities Exchange-listed company spurned a rival offer from G8 Education.
China’s Qihoo to acquire HK-listed Vision Values
Chinese internet security software provider Qihoo360 Technology, which recently received a take-private offer from its management and VC investors, intends to acquire a majority stake in Hong Kong-listed Vision Values. It is suggested Qihoo might seek...
Taiwan plans $609m M&A fund
Taiwan's National Development Council (NDC) will launch a NT$20 billion ($609 million) fund to assist domestic companies with mergers and acquisitions.
TPG’s Ben Gray to start his own PE firm
Ben Gray, managing partner at TPG Capital, is preparing to set up his own private equity firm focused on investment opportunities in Australia.
India's VC-backed Mobikon buys Singapore's Trii.be
Indian customer engagement and marketing platform Mobikon, which is backed by Jungle Ventures, has bought Singapore's feedback management start-up Trii.be.
GIC supports Carlyle's $8b Veritas acquisition
Singapore's GIC Private has joined The Carlyle Group in its $8 billion acquisition of Silicon Valley-based Veritas, the information management unit of US tech giant Symantec.
ChrysCapital invests $63m in US IT consulting firm Infogain
ChrysCapital has invested $63 million in Infogain, an Silicon Valley-based IT consulting firm, in exchange for a majority stake in the business.
Chinese investors acquire Japan’s SNK Playmore for $63.5m
Shenzhen-listed gaming firm Wuhu Shunrong Sanqi Interactive Entertainment and brokerage Orient Securities have acquired Japanese video game publisher SNK Playmore for $63.5 million.
Nanjing Xinjiekou to buy KKR-backed China Cord Blood
Shanghai-listed Nanjing Xinjiekou Department Store has made a bid to acquire China Cord Blood Corporation (CCBC), a US-listed blood bank operator backed by KKR, for about RMB6 billion ($966 million).
Carlyle, Huo's Group buy Shell stake in Chinese lubricant firm
The Carlyle Group, together with Chinese conglomerate Huo's Group, has bought Shell Oil's 75% stake in Tongyi Lubricants. The financial details were not disclosed.
EQT exits Singapore's Classic Fine Foods to German retail group
EQT Partners has exited Singapore-based food service company Classic Fine Foods (CFF) to the listed German retailing company Metro Group in a deal valuing the company at $290 million.
Deal focus: CNS promises PE watershed in Taiwan
Most PE investors have secured profitable exits from Taiwan’s cable television industry. Now MBK Partners has joined the club, although like some of the others, the path to liquidity has not been smooth.
Tencent backs take-private for China travel site eLong
Tencent Holdings has offered to buy Chinese online hotel booking site eLong - which it holds a 15% stake - and privatize the NASDAQ-listed company.
Riverside invests in Australia’s IPAR Rehabilitation
The Riverside Company has acquired in IPAR Rehabilitation, an Australia-based provider of injury prevention and management and rehabilitation services that minimize the impact of workplace injury and illness.
BNP Paribas to acquire PE-backed Sharekhan
French bank BNP Paribas has agreed to acquire Indian retail brokerage Sharekhan from its private equity backers.
MSPEA, Far EasTone to buy Taiwan's CNS from MBK
Morgan Stanley Private Equity Asia (MSPEA) and Far EasTone Telecommunications have agreed to buy Taiwan-based cable television provider China Network Systems (CNS) from MBK Partners.
India's VC-backed Jugnoo buys ride hailing app BookMyCab
Indian autorickshaw-hailing start-up Jugnoo, a portfolio company of Snow Leopard Technology Ventures, has bought taxi aggregator BookMyCab for an undisclosed sum.
Fund focus: GSR fuels its global ambition
Bringing overseas technology to China is a popular investment thesis among GPs. However, while the likes of Fosun International and Hony Capital have completed several cross-border deals, this is not their sole proficiency. GSR Capital is therefore an...