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Carlyle Picking Up Premium Asian Deals

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March 24, 2014

We’re not even at the end of the first quarter of 2014 and it is already looking like a bumper year is on the cards for Carlyle Group.

 

Back in January, we looked at a New York Times report chronicling their acquisition of part of the Johnson & Johnson business, while earlier in March we had quotes courtesy of CNBC from a senior figure at Carlyle, who stated the biggest focus areas would be the healthcare industry and European investments. While these are definitely smart focus areas, Carlyle aren’t resting on their laurels and sticking only to these areas.

 

PENews.com reports that Carlyle has been active in Asia in recent weeks, buying companies but also selling and exiting previous investments. It is no surprise Carlyle have been taking action in the area, having been estimated to have raised in the region of $6billion across the continent in 2013.

 

Carlyle invested a total of $1billion in the region last year, and a deal completed earlier this month has already seen that figure almost doubled. Carlyle completed the buyout of ADT Korea for $1.9billion. This represents a record investment for Carlyle outside of the United States, and is also the largest deal to ever be done anywhere in Asia outside of Japan. ADT are one of the world’s largest security names, providing alarm systems and technology for both homes and businesses.

 

Although Carlyle are happy to take on big buyouts in the Asian region, they are also looking at investing on a minority stake basis, but have stressed that they will only do so if some sort of “shared control” agreement is reached, so that the business has a say in any company decisions that are made.
Given Carlyle’s Asian investments have delivered some of the group’s biggest returns, despite their primary focus areas being the United States and Europe, expect there to be more movement in this area in the coming years, with their Asian and overall deal making activities so far in 2014 being prominent when first quarter analysis is completed on the near future.

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