buyout
Paine & Partners buys Australia's AgBiTech
Paine & Partners, which focuses on the global food and agribusiness industry, has acquired a majority stake in AgBiTech, an Australia-based producer of biological insecticides for crops.
AVCJ Awards 2015: Operational Value Add: ECO Industrial Environmental Engineering
Navis Capital Partners saw in ECO Industrial Environmental Engineering a potential leader in the hazardous waste management industry. Getting there was tougher than expected
AVCJ Awards 2015: Deal of the Year - Large Cap: Halla Visteon Climate Control
Hahn & Co spent three years talking to Visteon about its Korean subsidiary Halla Visteon Climate Control before sealing a proprietary deal supported by innovative funding
AVCJ Awards 2015: Deal of the Year - Mid Cap: SBI Life Living
Advantage Partners leveraged its expertise in corporate carve-outs to acquire SBI Life Living. It plans to split the business in two so that each half can achieve its full potential
AVCJ Awards 2015: Fundraising - Large Cap & PE Professional of the Year: Jean Eric Salata
Jean Eric Salata, CEO and founding partner of Baring Private Equity Asia, on why fund and deal sizes are getting bigger
AVCJ Awards 2015: Firm of the Year: Bain Capital
Bain Capital enjoyed its most active year in Asia as positive experiences from previous deals and proactive engagement with entrepreneurs helped deliver a string of new investments
Deal focus: J-Star sees low-voltage potential
Japan-based energy savings solutions provider ESCO is expected to benefit from increased consumer awareness of efficiency issues and a shake-up in the broader utilities space
Australia infrastructure: Size matters
Infrastructure privatizations in Australia are commanding ever higher price tags by virtue of their perceived quality and relative rarity. It is increasingly difficult for smaller investors to compete
India: Out of the shadows
Anecdotal evidence from AVCJ Forums and research data are in agreement - India's private equity industry is returning to form
Japan's J-Star buys energy savings business
Japanese GP J-Star has acquired ESCO, an energy savings solution provider that primarily works with condominium managers, for an undisclosed sum.
TPG, Tillman to buy telecom towers unit from India's Reliance
Reliance Communications, the telecommunications services division of India's Reliance Group, has agreed to sell its tower assets to TPG Capital and Tillman Global Holdings.
China's iKang adopts poison pill following rival PE-backed buyout offer
IKang Healthcare Group – a US-listed Chinese company that is subject to competing PE-backed privatization proposals, one led by management and another involving an industry rival – plans a rights issue, or “poison pill” strategy, intended to thwart...
VC-backed PropertyGuru buys Indonesia's RumahDijual
PropertyGuru, a Singapore-based online real estate portal backed by TPG Capital, Square Peg Capital and Emtek Group, has bought Indonesian property listings site RumahDijual for an undisclosed sum.
Taiwan must think globally, overcome China issues - AVCJ Forum
Taiwan needs to think globally as it looks for ways that domestic companies can leverage growth in other markets, but this means addressing mainland Chinese involvement in the economy.
J-Star owned medical insurer makes bolt-on acquisition
Nihon Hoken Service (NHS), a Tokyo-based insurance agency and insurance solicitation business bought by J-Star earlier this year, has completed the bolt-on acquisition of industry peer Sokisha Corporation.
Sequoia, Cathay join iKang take-private bid
Shenzhen-listed healthcare services provider Meinian Onehealth has teamed up with a group of investors – including Sequoia Capital and Cathay Capital Private Equity – to privatize its US-listed rival iKang Healthcare Group.
NXP Semiconductors sells power assets to China’s JAC Capital
NXP Semiconductors, a Dutch chip manufacturer listed in the US, has agreed to sell its entire radio frequency (RF) power business to Chinese state-owned private equity firm Jianguang Asset Management (JAC Capital).
Hastings consortium wins $7.5b Australia electricity grid lease
A consortium featuring Hastings Fund Management, Caisse de dépôt et placement du Québec (CDPQ) and the Abu Dhabi Investment Authority (ADIA) will pay A$10.26 billion ($7.5 billion) for the New South Wales government electricity transmission network.
India carve-outs: A larger slice
Corporate carve-outs are on the rise in India as companies divest due to financial pressure or strategic rationale. To get these deals, PE firms must demonstrate operational capability and corporate sensitivity
India IT services: The digital divide
India’s IT services providers firms have moved beyond their humble beginnings to encompass a wide range of outsourced functions. Private equity backers will continue to be key to their evolution
India financial services: Proxy play
A sizeable portion of the PE capital entering Indian financial services has targeted wealth management as local players look to scale up their offerings on the back of growing private wealth
EMR consortium to buy Indonesia gold mine for $775m
Australian resources-focused investor EMR Capital is leading a consortium that has agreed to buy an Indonesia-based gold mine from Hong Kong-listed G-Resources for $775 million, including debt.
KKR buys controlling stake in India's Avendus
KKR has bought a 70% stake in Indian financial services firm Avendus Capital for an undisclosed sum.
Buyout approvals: Holding pattern
Taiwan’s Financial Supervisory Commission has put forward guidelines intended to make the approvals process for PE-backed take-privates more transparent. Industry participants are cautiously optimistic