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Exits

Chinese PE Firm AGIC Sells Italian Industrial Automation Firm Gimatic For $433M

Chinese private equity firm AGIC Capital, an European-Asian private equity firm focused on investments in the industrial and medical technology…

TPG, Orchid Asia-backed Chinese SaaS Firm Duiba Group Files For HK IPO

Chinese enterprise solution provider Duiba Group has filed for an initial public offering in Hong Kong. (more…)

ICG Acquires Singapore’s PSB Academy From Baring Private Equity Asia

U.K.-listed Intermediate Capital Group (ICG) and its funds have acquired a 100% stake of Singapore’s private eduction institution PSB Academy…

Baring Private Equity Asia Exits Halla Cement To Asia Cement For $723M

Pan-Asia private equity firm Baring Private Equity Asia said that its affiliated private equity funds have sold Korean cement business…

Chinese PE/VC Firms Achieve Record Exits In 2017, IPOs Almost Double From Year Ago

The year 2017 will be remembered as a record setter for the Chinese private equity and venture capital industry, as…

Tencent-Backed Auto Finance Platform Yixin Plans $6.77B HK IPO Despite Losses

China's largest online automobile financing platform Yixin Group, backed by investment heavyweights Tencent Holdings Ltd, Baidu Inc., JD.com and BitAuto…

Blue Ocean Capital Sells China Cord Blood Stake To SanPower Group Unit

Blue Ocean Capital Group, a Chinese private equity investment firm specializing in healthcare, TMT and innovative financial services, has sold…

Alibaba-Backed Logistics Firm Best Inc Cuts New York IPO Size By Half

Chinese logistics services provider Best Inc., backed by Chinese Internet giant Alibaba Group Holding Ltd., has cut its New York…

We Caught A Fake Unicorn, And Cut It From Our List

We just caught someone swimming naked. Beijing-based e-book mobile app developer Zhangyue publicly announced in 2016 that it had raised…

Alibaba-Backed Best Logistics Seeks $1 Billion In US IPO

Best Inc., a logistic service provider backed by Alibaba Group, has revised up the amount of capital it is seeking…

Hong Kong PE Firm EmergeVest Exits Chinese Apparel Supplier JDU For $500M

Hong Kong-based private equity firm EmergeVest has sold its stake in Jiangsu province-based Chinese apparel supplier J.D. United Manufacturing Corporation…

Fosun, Sanyuan To Acquire French Margarine Maker St Hubert For $733M

Chinese conglomerate Fosun Group and Shanghai Stock Exchange-listed Beijing Sanyuan Foods Co., Ltd. have unveiled plans to acquire French margarine…

Tencent’s Online Publishing Platform China Literature Files For Hong Kong IPO

China Literature Ltd., an online literature platform operated by Tencent Holdings, has filed an IPO prospectus to list on the…

Li Ka-Shing Supported Hardware Developer Razer Inc Plans Hong Kong IPO

Razer Inc., a U.S.-based computer hardware developer for the gaming industry backed by Hong Kong tycoon Li Ka-Shing, is planning…

Legend, Goldman-Backed La Chapelle Gets Green Light To List In China

Chinese multi-brand apparel group Shanghai La Chapelle Fashion Co., Ltd., backed by Legend Capital, Goldman Sachs and other investors, have…

FountainVest, Tencent, CITIC Capital To Reap Billions In Profit From Focus Media Share Sale

A number of investors in Focus Media Information Technology Co., Ltd. are likely to reaped billions of U.S. dollars in…

PE-Backed WuXi Biologics’ $510M Hong Kong IPO Cheered By Investors

WuXi Biologics (Cayman) Inc., a Chinese contract drug manufacturer whose parent company is controlled by a group of leading private…

Blackstone Sells European Logistics Unit Logicor To CIC For $13.8 Billion

China Investment Corporation (CIC) has agreed to acquire Blackstone's pan European logistics company Logicor for €12.25 billion (US$13.82 billion), in…

CDH Investments To Sell WH Group Shares For $730M In Partial Exit

Chinese alternative investment firm CDH Investments is selling an aggregate HK$5.7 billion (US$730 million) worth of shares in China's WH…

DT Capital-Backed Tiansheng Pharma Completes IPO With $986M Valuation

Tiansheng Pharmaceutical Group Co., Ltd., a Chinese drug maker backed by local private equity firms DT Capital Partners and Leading…

Broadline Capital-Backed China Rapid Finance Raises $60M In US IPO

China Rapid Finance Ltd., a Shanghai-based P2P (peer to peer) lending platform backed by Sino-U.S. private equity firm Broadline Capital,…

DT Capital-Backed Pharma Firm Kanghui Completes IPO In Shanghai

DT Capital Parnters-backed Shaanxi Kanghui Pharmaceutical Co., Ltd., which engages in the research, development and marketing of a range of…

Alibaba-Backed Best Logistics Plans $1 Billion US IPO

Chinese logistics firm Best Logistics Technology Co., backed by Alibaba Group Holding Ltd. and Hon Hai Precision Industry Co., is…

CMC, FountainVest Divest 5.9% Stake In IMAX China

CMC Capital Partners and FountainVest Partners have sold a combined 5.9% of their shareholding in IMAX China Holding, Inc. at…

Chinese Genomics Giant BGI Makes Another Try For Shenzhen IPO

Shenzhen-based Chinese gene sequencing giant BGI Genomics Co., Ltd is making another try for a listing on the ChiNext board…

China Lodging Group To Acquire Carlyle-Backed Orange Crystal For $531M

Chinese hotel operator China Lodging Group Ltd. has agreed to acquire smaller rival Crystal Orange Hotels Group for RMB3.65 billion…

China’s SF Express To Complete Listing In Shenzhen, Founder Worth $16B

China's largest express delivery firm S.F. Express is to complete the last step of its back-door listing on the Shenzhen…

Fortune Capital-Backed Gospell Completes $38M Shenzhen IPO

Gospell Digital Technology Co., Ltd., a Chinese digital television products and satellite TV receivers manufacturer backed by Chinese venture firm…

Avery Dennison Acquires Shawkwei-Backed Chinese PVC Tape Manufacturer

Avery Dennison Corp., a New York Stock Exchange-listed packaging and labeling company, has agreed to acquire Chinese PVC tape manufacturer…

CDH-Backed New Century Healthcare Completes $102M Hong Kong IPO

New Century Healthcare, a children's and women's hospital operator backed by Chinese alternative investment firm CDH Investments, has completed a…

CVC-Backed Da Niang Dumplings To Be Sold To Chinese Hotel Group

Chinese fast food restaurant chain Da Niang Dumplings Holdings Ltd., which CVC Capital Partners bought out in 2013, is being…