Asia Pacific private-equity-backed mergers and acquisitions (which includes Entries, Exits & Portfolio transactions but excludes add-ons) were up a whopping 185 % compared to the same period last year ( up from USD 9.6bn in 2013 YTD to USD 27.4bn in 2014 YTD). It is the highest YTD on record, according to Dealogic.
China is the most targeted nation for Asia Pacific deals. South Korea and Japan follow. The most targeted sector is Real Estate, followed by Food and Beverage and Professional Services. One large deal drove Real Estate sector and China volume, specifically when a consortium of investors, including financial sponsor CDH China Holdings Management, of Greenland Holding Group, was acquired by Shanghai Jinfeng Investment for USD 10.7bn.
The sale of a PE-backed Korean beer brewing company to ABInBev drove the Food & Beverage sector and South Korea volume. (Image Source: Dealogic)