Exit
CSRC eases rules for VC firms to exit start-ups
Shares held by venture capital investors will be subject to a shorter lock-up period after their portfolio companies list on Chinese stock exchanges in a move designed to encourage long-term investment.
TA-backed TCNS files for India IPO
Indian women’s apparel retailer TCNS Clothing has filed for an IPO that will provide a partial exit for private equity investor TA Associates.
TA Associates completes exit from Australia's SpeedCast
TA Associates has made a full exit from SpeedCast, the satellite telecommunications provider it acquired in 2012 and listed in Australia two years later.
Cerberus buys Bluestone’s Australasia operations
Cerberus Capital Management has agreed to acquire the Australasian division of international financial services company Bluestone Group in an all-cash transaction. It will facilitate an exit for a PE unit of Lloyds Bank.
Tokio Marine exits Japanese machinery parts maker
Tokio Marine Capital has agreed to sell its entire stake in Tonichi Kosan, a Japanese manufacturer of parts used in construction and agricultural machinery, to machinery wholesaler Wakita & Co.
KKR part exits India's Coffee Day for $63m
KKR has sold the majority of its stake in Indian coffee shop and restaurant chain Coffee Day Enterprises for INR4.1 billion ($62.6 million).
VC-backed Taiwan drug maker files for US IPO
Taiwan Liposome, a venture capital-backed manufacturer of pain medication and treatments for eye conditions, has filed for a NASDAQ IPO.
CHAMP Ventures-owned Macpac set for $107m trade sale
Australia-listed Super Retail Group has agreed to buy 100% of Macpac, a New Zealand-headquartered outdoor apparel and equipment supplier owned by CHAMP Ventures, for NZ$144 million ($107 million).
VC-backed Chinese wearables maker seals $110m US IPO
Huami, a Chinese wearables manufacturer that has a strategic relationship with smart phone maker Xiaomi and several venture capital backers, has raised $110 million in its US IPO.
Lakeshore invests in Thai wellness brand
Lakeshore Capital has invested an undisclosed amount in Thailand-based personal care brand Panpuri.
ChrysCapital exits US-based LiquidHub to Capgemini
French IT services company Capgemini has acquired US-based customer engagement firm LiquidHub, providing an exit for Indian private equity firm ChrysCapital.
Quadria-backed Capricorn files for India IPO
India-based food processing company Capricorn Food Products has filed for an IPO that will provide a partial exit for private equity backer Quadria Capital.
Secondary buyouts: Second time lucky?
PE secondary buyouts are becoming more accepted in Asia as GPs increasingly look to other fund managers for exit opportunities
Westbridge-backed Nazara files for India IPO
Indian mobile game platform Nazara Technologies has filed for an IPO that will provide an exit to its private equity backer WestBridge Capital Partners.
SCPE exits India power business via buyback
Standard Chartered Private Equity (SCPE) has sold its stake in Sterlite Power, the power grid subsidiary of Sterlite Technologies, an India-listed transmission solutions provider for the telecom and power industries, via a buyback.
Mekong secures final exit from Vietnam's Mobile World
Mekong Capital has ended its more than 10-year association with Vietnamese mobile phone retailer Mobile World, completing the last of multiple partial exits to secure an overall return on its investment of 57x.
Affinity buys Trimco from Partners Group for $520m
Affinity Equity Partners has bought Hong Kong-based garment label manufacturer Trimco from Partners Group for $520 million.
Baring Asia realizes 2.4x return on Korea cement deal
Baring Private Equity Asia has completed its exit from Korean construction materials business Halla Cement, selling the asset to Asia Cement for an enterprise value of $723 million.
Ekuinas exits Malaysia’s Tenby Education
Malaysian government-backed private equity investor Ekuinas has exited its majority stake in private school chain Tenby Education Group to International Schools Partnership (ISP).
Deal focus: Cream of the crop
Proterra is on course to more than double its money on AustAsia, following an agreement to exit the Chinese dairy farm operator to fellow investor Japfa
CITIC Capital takes majority control of Harbin Pharmaceutical
CITIC Capital has increased its stake in Harbin Pharmaceutical Group to 60.86%, becoming the controlling shareholder of the Chinese state-backed business in which it has been an investor since 2005.
IFC-backed Bandhan files for India IPO
Bandhan Bank, the commercial banking subsidiary of India’s Bandhan Financial Services (BFSL), has filed for an IPO that will provide a partial exit for the International Finance Corporation (IFC).
J-Star exits Japan's Aisei Pharmacy to management team
J-Star has agreed to exit Japanese drugstore chain Aisei Pharmacy to company management less than two years after completing a JPY11.4 billion ($101 million) privatization.
Japan's Polaris sells power equipment supplier
Polaris Capital has agreed to sell Yodogawa Transformer, a Japanese power generation and equipment services company it acquired in early 2016, to Orix Rentec Corp.