Official Record
Navis returns for Dome Coffees refill
Having built a strong relationship with the management team at Dome Coffees Australia, Navis Capital Partners was comfortable with the notion of buying the specialty coffee and dining restaurant chain for a second time, 11 years after the first acquisition.
Partners Group’s Sino-European play
The manufacturers of guide rails used in elevators are an oligopoly serving an oligopoly. Three companies control 80% of the market and eight of their clients are responsible for 90% of the world’s elevators. This concentration of supply may in part...
SEAF India feasts on India fast food
India's fast-growing quick service restaurant (QSR) sector is one of the many symptoms of a country that is increasingly cash-rich and time-poor as its middle class swells.
GoGoVan eyes regional expansion
Three Hong Kong youngsters came up with an idea to supply disposable lunchboxes to local restaurants for free and make a return by selling display advertising on the products.
PLDT sees Rocket as proxy for global growth
Smart eMoney, a mobile payment business owned by Philippine Long Distance Telephone (PLDT), first ventured overseas in partnership with Mastercard in 2010.
Omnivore has sunny outlook for SkyMet
With around two-thirds of India's 1.2 billion-strong population reliant on farming for a livelihood the importance of the monsoon season to the economy cannot be overstated. A weak monsoon can cut exports, drive food price inflation and ultimately cause...
Baidu turns to Wanxue for education content
When Chinese search engine Baidu originally reached out to Wanxue Education Technology, it didn't envisage becoming a financial investor in the company. Rather, Baidu was looking for quality content to improve its existing education platform Jiaoyu Baidu...
EQT taps mobile professional growth
As wealth among the Gulf states has has grown so has the demand for better healthcare. According to a recent report by Dubai-based Alpen Capital, the Gulf Cooperation Council (GCC) healthcare market will be worth $69.4 billion by 2018 - up from $39.4...
PEP sees sweet exit on Griffin's Foods
When Pacific Equity Partners (PEP) first came to acquire New Zealand-based snacks producer Griffin's Food in 2006 at an enterprise valuation of NZ$385 million (then $240 million), it represented the classic carve-out opportunity. The company - famous...
CLSA wins Korea outbound mandate
Nexen Tire Corp. posted net sales of KRW1.73 trillion ($1.7 billion) in 2013 and is responsible for 20% of tire sales in South Korea, the fifth-largest market globally both for auto production and auto exports. The company has an established global presence...
Hony’s pizza takeaway
Immediately after TDR Capital and Capricorn privatized Pizza Express in 2003, the UK-based restaurant chain’s international franchise operations were shifted into separate entity as part of the “non-core group.”
Zoyi’s premium pork play
Nearly a decade ago, in his former career as an investment banker with J.P. Morgan, Andrew Kuo worked on the deal that saw CDH Investments and Goldman Sachs back Chinese pork producer Shuanghui International. Now known as WH Group, the company has grown...
Norwest backs Capillary retail solution
Buy anything online today and there is a good chance the seller not only knows what you bought, but who you are, where you are and what you like. E-commerce firms can now mine a wealth of information on their customers; traditional brick-and-mortar retailers,...
Vision Knight bets big on property site
Vision Knight Capital expects massive growth in three segments of China’s e-commerce market over the next three years – property, autos and home decorating. Hence the private equity firm’s willingness to provide the largest portion of a $80 million...
MSPEA rides out Volcker impact
For most Asia-focused GPs that were once captive units of investment banks, the shadow of their former parent has long since faded. Restrictions on financial institutions as LPs is a problem, but they are already accustomed to life without balance sheet...
Nice targets selfies with style
The world has seen plenty of selfies. From dining tables to football matches, there is always someone, arm outstretched and phone in hand, keen to capture a photo of themselves for posterity. It was only a matter of time before mobile apps enabling people...
WiL aims high with Japan’s ‘next Nintendo’
From Nintendo's Super Mario Bros. all the way through to Sony PlayStation’s Final Fantasy, there was a time when Japan ruled the gaming industry. Microsoft’s Xbox and recent Western successes such as Call of Duty and Grand Theft Auto have dented...
China’s Pixar dream wins VC support
Gary Wang has start-up pedigree. The Chinese entrepreneur took online video company Tudou.com from nothing to a US listing, and two years ago, a merger with rival Youku.com in a deal worth $1 billion. Wang now runs an animated film studio, which is already...
Creador’s water scarcity play
The purchase of a minority stake in Vectus Industries, an Indian manufacturer of plastic water tanks and pipes, takes Creador’s tally to $100 million across five deals so far this year. Each investment came from the Southeast Asia and India-focused...
Quick exit for Quadrant in pet services
Nine months ago, the bidding process ended for City Farmers, Australia’s third-largest pet services business. Number two player Petbarn lost out to Quadrant Private Equity. A couple of months after that Petbarn joined forces with Greencross, the country’s...
Providence tunes into India TV shopping
To trace the origins of Providence Equity Partners' latest India deal it is necessary to look back to the PE firm's INR3.58 billion (US$71.36 million) joint investment in Hathway Cable & Datacom in 2012. Providence and Macquarie acquired a 17.3% stake...
GrabTaxi's scale proposition
Two tears ago, Anthony tan was pitching taxi fleets in Kuala Lumpur. His idea for a mobile phone app that could be used to make taxi bookings came runner-up in Harvard Business School's (HBS) 2011 business plan contest. Turning it into a reality was proving...
Apax benefits from Bright Food’s ambition
Apax Partners' 6x return on its investment in Israel-based Tnuva Food Industries has been hard earned.
Aion makes India breakthrough
The decisive victory recorded by new Prime Minister Narendra Modi in India’s general election has removed a lingering element of uncertainty regarding economic and foreign investment policy, but it cannot save companies from their past misdeeds.