buyout

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.

PEP-backed Veda Advantage targets IPO

Pacific Equity Partners (PEP) is hoping to raise as much as A$340 million ($326 million) through a sale of new shares as it looks to launch the Australian IPO of credit-checking firm Veda Advantage this December.

CITIC oils Stackpole’s China wheels

The oil pumps use to lubricate engine parts and reduce friction come in two forms: fixed and variable. The first are usually oversized to handle the harshest operating conditions and therefore deliver higher average oil pressure and consume more power...

Quadrant eyes aged care consolidation

Quadrant Private Equity completed its exit from New Zealand retirement village operator Summerset last week but demographics remain a prominent theme in the firm’s portfolio with the acquisition of Estia Health, an Australian aged-care provider.

All about Korea

More than 10 years and a host of bank turnarounds and corporate restructurings ago, South Korea was Asia’s most active private equity market. According to AVCJ Research, $3.1 billion was deployed in the country in 2000, comfortably ahead of second-placed...

Blackstone opens Singapore office

The Blackstone Group has opened an office in Singapore, extending its footprint into Southeast Asia. The move comes as global private equity firms place increased emphasis on the region.

PE firms bid for South Korea’s Woori assets

Several private equity firms have submitted bids for parts of Woori Finance Holdings in the second of three separate auctions intended to finally dispose of the Korean government’s interest in the business.

China's Pactera agrees to $625m Blackstone-led take-private

Pactera Technology International has agreed to be taken private by a consortium led by The Blackstone Group that values the NASDAQ-listed Chinese tech outsourcing firm at approximately $625 million. Existing investor GGV Capital is also participating...

Korea’s Anchor Equity closes debut fund at $500m

Anchor Equity Partners has reached a final close on its debut South Korea-focused fund at the hard cap of $500 million. The firm – set up last year by a group that spun out from Goldman Sachs’ private equity unit – targets buyout, growth capital...

Apax adds to global outsourcing exposure

"Including GlobalLogic, Apax funds would have invested about $1.5 billion of equity in the outsourcing space in a number of transactions around the world," says Shashank Singh, partner at Apax Partners and head of their India office. "Technology spend...

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3Q analysis: Haves and have nots

Third quarter analysis: Fundraising fortunes become ever more polarized; Korea continues to be the stand-out buyout market, while India shows growth from a very low base; China IPOs are on the comeback trail

Northstar Group picks up ERA regional master franchise

Northstar Group has completed the acquisition of the Asia Pacific master franchise rights for property agency ERA from Hersing Corporation. It follows the Southeast Asia-focused GP's purchase of ERA franchise in Singapore from the same seller two months...

Acquisition finance: Familiar territory?

Once regarded warily by banks due to the lack of security in providing offshore financing against onshore assets, Asia buyouts that rely on offshore holdco structures are increasingly sought after.

CITIC Capital, Crestview buy machinery supplier Stackpole

CITIC Capital Partners has teamed up with New York-based Crestview Partners to buy Stackpole International, a North American machinery supplier, from Sterling Group and Current Capital. The transaction value was not disclosed but it is reportedly $512...

Apax buys VC-backed IT developer GlobalLogic

Apax Partners is to acquire a majority stake in outsourced software product developer GlobalLogic (GL) in an all secondary deal. It has agreed to buyout existing investors WestBridge Capital, New Atlantic Ventures (NAV), New Enterprise Associates (NEA),...

Will buyouts boss the 2013 India Awards?

India buyouts have crossed the $1 billion threshold in only two years since private equity first came to the country. Those years were, unsurprisingly, 2006 and 2007, the peak of the pre-global financial crisis boom, when total PE investment reached $7.7...

China retail: Asset-heavy to asset-light

Facing competition from e-commerce platforms, China’s traditional offline retailers are moving online – and the ideal combination is a combination of the two. PE investors are seeking opportunity in the disruption

J-Star buys ‘fourth hand’ Primagest

Primagest, a firm whose primary business is using optical character recognition (OCR) to turn documents in data, appears every bit the tech-savvy up and comer. However, it has been doing the same thing – in one form or another – for 45 years.

Panasonic unit gets KKR cure

KKR's acquisition of Panasonic Healthcare marks a return to form for the firm after its earlier efforts to acquire Japanese chipmaker Renesas were frustrated by the government-backed Innovation Network Corporation of Japan (INCJ). The deal had raised...