Navis Management
Emerging markets ESG: Alliances of convenience
Portfolio companies in Asia’s emerging markets are increasingly enthusiastic about implementing environment, social and governance (ESG) policies, but only when they see clear benefits for their business
Deal focus: Navis sews up textile investment
Navis Capital Partners aims to promote ethical and environmentally sustainable textile production through its investment in Vietnam's Saitex
Navis, Blackstone to exit Australia's NLV to private equity JV
Navis Capital Partners and The Blackstone Group will exit National Lifestyle Villages (NLV), an Australian developer and operator of mobile home parks, to Serenitas, a joint venture between Singapore’s GIC Private and local GP Tasman Capital Partners....
Navis invests in Vietnam denim supplier
Navis Capital Partners has invested an undisclosed amount in Saitex Holdings, a denim products manufacturer for the global jeans industry based in Vietnam.
Deal focus: Navis thinks long, goes fast with MFS
Navis Capital Partners sees MFS Technology - the first exit from its seventh fund - as the initial manifestation of a strategy that takes a long-term view on a target industry's development but focuses on rapid implementation of value creation plans
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
Navis to exit Singapore's MFS Technology with 3x return
Navis Capital Partners has agreed to exit its controlling position in Singapore-based circuit board maker MFS Technology. The GP will generate a 3x money multiple and an IRR of more than 40% on the investment.
PE ownership presents opportunities, challenges for portfolio companies – AVCJ Forum
Private equity ownership can bring significant benefit to a portfolio company, but it can also be challenging for both the investor and the investee.
Asian GPs seek consistency in ESG initiatives - AVCJ Forum
The focus for private equity firms in Asia has shifted from putting in place environment, social and governance (ESG) policies to implementing these policies across portfolios consistently and in ways that allow their impact to be measured.
Deal focus: Navis' Asia poultry play takes flight
Navis Capital Partners' bet on UK-based Cherry Valley Group seven years ago has paid off with a sale to two Chinese agribusiness investors
Navis sells duck genetics business to Chinese strategic investors
Navis Capital Partners has sold Cherry Valley Group (CVF), a duck genetics supplier and a breeder of Peking ducks, to Beijing Capital Agribusiness Group (Sunlon) and CITIC Agri Fund Management for an undisclosed sum.
Navis to sell Australia's Retail Apparel to The Foschini Group
Navis Capital Partners has agreed to sell its controlling stake in Australia’s Retail Apparel Group (RAG) to The Foschini Group of South Africa in a deal worth A$302.5 million ($225 million).
Deal focus: Navis secures its golden egg
Navis Capital Partners has acquired Mainland Poultry with a view to meeting the New Zealand's egg producers domestic capital investment needs and taking its technology into other parts of Asia
Navis buys New Zealand egg producer Mainland Poultry
Navis Capital Partners has agreed to buy a majority stake in New Zealand-based egg producer Mainland Poultry. The size of the deal was not disclosed but local media reports put it at NZ$300-350 million ($207-242 million).
Navis-owned Village Grocer makes Malaysia bolt-on
Village Grocer, a Malaysian premium grocery chain owned by Navis Capital Partners, has taken over domestic rival Bens Independent Grocer (BIG).
Deal focus: GPs target healthy scale
Oaktree Capital Management and Navis Capital Partners are merging Fitness First and Celebrity Fitness in the expectation that scale will be rewarded in Southeast Asia's gym market
Oaktree merges Fitness First Asia with Navis-owned gym business
The Hong Kong and Southeast Asia business of Fitness First, which is controlled by Oaktree Capital Management, has agreed to merge with Celebrity Fitness, a Southeast Asia gym operator owned by Navis Capital Partners.
AVCJ Awards 2016: Exit of the Year - Mid Cap: Golden Foods Siam
Golden Foods Siam was struggling when Navis Capital Partners took it over, but the GP’s willingness to give management the needed tools helped generate a 3.4x return
Timeliness the key to value-add – AVCJ Forum
PE investors must focus on speed and forward planning when implementing strategies across team building, operational improvements and crisis management, industry participants told the AVCJ Forum in Hong Kong.
Transition time: Succession planning in private equity
Asian GPs face increased scrutiny on succession planning as LPs seek to distinguish franchises that are sustainable from those that are not. For some founders, sharing economics and power isn’t easy
GPs target micro gains in weaker macro environment - AVCJ Forum
Institutional investors expect private equity funds to deliver outsize returns, regardless of the lower growth environment in Asia, which means GPs must focus more on making a difference to portfolio companies at the micro level.
Deal focus: Navis leaves its mark on auto services
Navis Capital Partners has completed the second part of its exit from Australia's WorldMark Group, generating proceeds of $300 million across both transactions. For one executive, it marks the end of near 20-year journey
Malaysia's Ekuinas sells 20% stake in Alliance Cosmetics to Navis
Navis Capital Partners has paid MYR61.8 million ($15.3 million) to Malaysian government-backed PE firm Ekuinas for a 20% stake in local cosmetics brand Alliance Cosmetics Group.
PE must define itself to take advantage of Asia buyout opportunities - AVCJ Forum
Asia continues to offer buyout opportunities, but funds looking to take advantage of them must define their benefits to company leaders, industry leaders told the AVCJ Singapore Forum.