buyout

Navis in Australia demographics play

Australian politicians have long debated ways to enlarge the country’s tax base as they prepare for the economic ramifications of a spiraling dependency ratio. By 2050 there will be just 2.7 people of working age for each person aged 65 and over, compared...

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Navis buys Australian childcare business from Wolseley

Navis Capital Partners has acquired Australian childcare services provider Guardian Early Learning Group from Wolseley Private Equity with a view to helping the 69-center chain double in size. The transaction value was not disclosed but sources indicate...

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NewQuest makes $160m buyout offer for China Hydroelectric

NewQuest Capital Partners has made a take-private offer to US-listed China Hydroelectric that values the company at just over $160 million. The secondary specialist GP already owns 49.83% of China Hydroelectric and holds options and warrants that, if...

Quadrant backs City Farmers’ tech-based strategy

With a longstanding interest in Australia’s pet supplies industry, Quadrant Private Equity examined all the major independent players in search of a business suitable for rapid scaling up and expansion nationwide. In Perth-headquartered City Farmers,...

Simcere accepts Hony-backed take-private bid worth $490m

Chinese drug developer Simcere Pharmaceutical Group has agreed to a management buyout offer from a consortium led by its chairman and Hony Capital that values the company at approximately $490 million. Simcere is now expected to de-list from the New York...

Q&A: FCC Partners' C.Y. Huang

C.Y. Huang, president of FCC Partners and chairman of the Taiwan M&A and PE Council (MAPE), explains why he sees the tide turning for foreign private equity in Taiwan and where the opportunities lie

Taiwan buyouts: Back from the brink?

After a spike in buyouts in the mid-2000s, Taiwan sank from view due to private equity firms’ concerns about unpredictable deal approvals. Regulators are now trying to tempt them back with promises of reforms

Foreign PE in Taiwan: Engagement issues

Taiwan has a lot to offer private equity: it is one of relatively few classic buyout markets in Asia, with control positions, the ability to put in new management, and banks that are willing leveraged lenders. Japan and Australia are the only markets...

MBK Partners to buy ING Life Korea for $1.65b

North Asia buyout firm MBK Partners has agreed to buy ING Group’s South Korean life insurance division for approximately KRW1.84 trillion ($1.65 billion) as the Dutch insurer continued its Asia divestment plan. ING will retain a 10% stake in the business...

Longreach completes precision drilling carve-out from Hitachi

North Asia mid-market buyout firm The Longreach Group has agreed to buy precision drilling business Hitachi Via Mechanics (HVM) from Japanese conglomerate Hitachi. It is said to be the first time Hitachi has divested a sizable asset to private equity...