buyout
Mandarin plans China expansion for Italian footwear textiles maker
Mandarin Capital Partners and Private Equity Partners have acquired control of Milan-based Industrie Chimiche Forestali SpA (ICF), which develops adhesives and special textiles for the footwear industry.
Baring Asia agrees Japan electronics buyout
Baring Private Equity Asia has agreed to acquire the audio-video operations of Japanese car electronics maker Pioneer Corp. alongside Pioneer's rival Onkyo Corp.
Riverside buys Australia orthopedics business
Global mid-market buyout firm The Riverside Company has acquired Global Orthopaedic Technologies (GOT), an Australian orthopaedic implants manufacturer.
Carlyle to acquire Japan's Sunsho Pharmaceutical
The Carlyle Group has agreed to acquire Sunsho Pharmaceutical, a contract manufacturer in the Japan's health and nutrition (H&N) industry. The financial details of the transaction - which will see the PE firm take a 100% stake - were not disclosed.
TA-owned SpeedCast buys PNG communications specialist
SpeedCast, a satellite telecom provider owned by TA Associates, has acquired of wireless and broadband specialist Oceanic Broadband in order to boost its coverage of the natural resources sector.
MSPEA in $293m Korea construction materials carve-out
Morgan Stanley Private Equity Asia (MSPEA) has acquired a construction materials business from a subsidiary of South Korean conglomerate Hanwha Group in a deal worth KRW300 billion ($293.4 million), including debt.
Japan outbound investment: Playing away
Emboldened by ample financing and the need to develop demand bases beyond a stagnating domestic market, Japanese companies are investing more overseas. Are they partner or competitor for private equity?
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).
Permira holds $7.2b final close global Fund V
Permira has reached a final close on its fifth global buyout fund, Permira V, at the hard cap of EUR5.3 billion ($7.2 billion), less than the EUR9.6 billion raised by its predecessor.
Portfolio: CHAMP Ventures and H-E Parts
CHAMP Ventures invested in H-E Parts to support expansion in Australia. As the only independent after-market parts provider of scale, the company is targeting miners that want to reduce their maintenance costs
The food thesis
Food has and continues to be one of the more compelling investment theses for private equity in China. The first phase of the consumer story was leveraging the emergence of discretionary consumption - households with sufficient income to choose one brand...
MSPEA wins approval for Yongye take-private
A take-private bid for Chinese nutrients company Yongye International, supported by Morgan Stanley Private Equity Asia (MSPEA), has won shareholder approval. The NASDAQ-listed firm is now set to de-list.
PE must prove value credentials to China targets - AVCJ Forum
Private equity investors in China must be more careful picking sectors and prepared to work harder to secure deals and deliver acceptable returns, industry participants told the AVCJ China Forum.
PE consortium to build hog farms with China’s COFCO Meat
KKR, Baring Private Equity Asia, Hopu Investments and Boyu Capital will invest in COFCO Meat, a subsidiary of Chinese agricultural conglomerate COFCO Group, to develop hog farms and meat processing plants.
Rival bidder emerges for Fosun, Ardian target Club Med
Investindustrial - a fund led by Italian businessman Andrea Bonomi - has made a takeover bid for for Club Méditerranée (Club Med), which is already being courted by Chinese conglomerate Fosun International and PE firm Ardian.
China's Sailing, Sanpower buy bankrupt US retailer
Sailing Capital and Chinese retail conglomerate Sanpower Group have bought Brookstone, a US luxury-gadget retailer, for more than $173 million at a bankruptcy auction.
GIC, Insight buy US software firm, Warburg Pincus exits
Singapore sovereign wealth fund GIC Private has joined Insight Venture Partners in its $752 million purchase of iParadigms, a US maker of anti-plagiarism software, from Warburg Pincus.
China education investment: Competitive edge
Five months into 2014 and PE activity in China’s education sector is at its highest level in six years. Wary of the issues tied to creating a large footprint, investors are picking their segments and geographies carefully
Red heat: China PE on the rebound?
Investors have not been chasing as hard as they used to on opportunities in Chinese private equity these past few years. It’s not hard to understand why: the combination of slowing economic conditions, frequently unrealistic valuations, the temporary...
PEP target SAI Global launches sale process
SAI Global, which was recently that subject of a A$1.1 billion ($1 billion takeover bid Pacific Equity Partners, has set up an open bidding process and will publish information for other potential buyers.
Carlyle acquires Japanese noodle snack maker
The Carlyle Group has acquired a controlling stake in Oyatsu Company, the Japanese manufacturer of Baby-Star ramen snacks.
KKR agrees $1.1b deal for Singapore's Goodpack
KKR has agreed to buy Goodpack, the world’s largest manufacturer of intermediate bulk containers (IBCs), for S$1.4 billion ($1.1 billion). It plans to delist the company from the Singapore exchange.
Charm Communications accepts CMC-backed buyout offer
Chinese advertising agency Charm Communications has accepted a take-private offer from a consortium backed by China Media Capital (CMC) that values the NASDAQ-listed company at around $180 million.
PEP exits Australia's Peters Ice Cream to UK's R&R
Pacific Equity Partners (PEP) has exited Australia's Peters Ice Cream to PE-backed UK ice cream company R&R.