1. Home >
  2. Investors >
  3. Private Equity Firm >
  4. China >
  5. EQT Private Capital Asia

EQT Private Capital Asia Mergers and Acquisitions Summary

Private Equity Firm Profile

In the last 3 years, EQT Private Capital Asia has acquired 3 companies. It has also invested in 3 others.

EQT Private Capital Asia’s most common sectors for investment areeducation (12%) and business services (11%) . The Firm’s most common investment types include secondary buyout (24%) and buyout (lbo, mbo, mbi) (19%). In total, EQT Private Capital Asia has invested in 11 US states and 14 different countries. Its largest (disclosed) acquisition occurred in 2015 when it acquired Solera Holdings for $6.5B.

In the last 3 years, EQT Private Capital Asia has exited 9 companies. The Firm’s most common exit type is trade sale (34%). EQT Private Capital Asia’s largest (disclosed) exit occurred in 2024 when it sold Nord Anglia Education for $14.5B.

Join Mergr to view EQT Private Capital Asia’s full profile and discover more mega-sized private equity firm investors just like it.

M&A Summary

  • M&A Total Activity87
    • M&A Buy Activity58
    • M&A Sell Activity29
  • Total Sectors Invested 26
  • Total Countries Invested 14
  • M&A Buy/Sell Connections 30
  • M&A Advisors 20

EQT Private Capital Asia

EQT Private Capital Asia

Suite 3801, Two International Finance Centre, 8 Finance Street,
Hong Kong,
China
+(852) 2843 9327
www.eqtgroup.com/eqt-private-capital-asia

EQT Private Capital Asia is an Asia-focused private equity group specializing in growth equity investments and buyouts of companies valued between $300 million and $1.5 billion. Baring looks for companies that require capital for organic expansion, recapitalizations, or to fund acquisitions. The Group's geographic coverage spans China, India, Japan, Singapore, Hong Kong, and Taiwan. Baring Private Equity Asia was formed in 1997 and is based in Hong Kong.


Investment Criteria

Sectors of Interest: Business Services, Consumer Products, Digital Media, Distribution, Education, Engineering, Environmental, Financial Services, Food, Healthcare Services, Information Technology, Insurance, Internet Software and Services, Life Science, Machinery, Manufacturing, Media, Medical Products, Oil/Gas Exploration, Retail, Software, Technology Hardware, Transportation

Target Transaction Types: Buyout (LBO, MBO, MBI), Growth Capital, Recapitalization

Geographic Preferences: Asia/Pacific, Central Asia/India

Transaction Criteria Min Max
Target Revenue - -
Target EBITDA - -
Investment Size 50 3,000
Enterprise Value 300 1,500
values in millions of USD

M&A Summary

Buy vs Sell

Year ≤ '20 '21 '22 '23 '24 '25 T
Buy (2.2/yr) # 47 5 4 2 - - 58
vol $24.1B $4.0B $1.3B $29.3B
Sell (2.6/yr) # 17 4 5 2 2 - 30
vol $4.2B $3.3B $14.5B $22.1B
  88
+280556065707580859050951000

Most Recent M&A

Company Date Value Type
Horizon Robotics, Inc. 2024-10-24 - IPO
Beijing, China · www.horizon.cc
Nord Anglia Education, Inc. 2024-10-21 14.5B USD Secondary Sale
London, United Kingdom · www.nordangliaeducation.com
Indira IVF Hospital Pvt. Ltd. 2023-07-28 - Secondary Buyout
Udaipur, India · www.indiraivf.com
Tricor Group 2023-07-28 - Merger
Hong Kong, China · www.tricorglobal.com
TRYT, Inc. 2023-07-24 - IPO
Tokyo, Japan · www.tryt-group.co.jp
IMG Academy Parent LLC 2023-04-25 1.3B USD Divestiture
Bradenton, Florida · www.imgacademy.com
Euclid Vision Corp. 2022-12-31 - Growth Capital
Sterling, Virginia · www.euclidlenses.com
Bushu Pharmaceuticals Ltd. 2022-12-20 - Secondary Sale
Saitama, Japan · www.bushu-pharma.com
SAI Global Compliance, Inc. 2022-12-14 - Divestiture
Chicago, Illinois · www.sai360.com
Bolero International Ltd. 2022-07-01 - Trade Sale
Walton-on-Thames, United Kingdom · www.bolero.net
View All >>

Portfolio M&A

Company Acquired Add-On/Sale Date #
Vistra Group Holdings (BVI) Ltd. 2015-05-22 Phoenix American - Fund Administration & Transfer Agent Business 2024-08-05 18
Hong Kong, China · www.vistra.com Larkspur, California
Vistra Group Holdings (BVI) Ltd. 2015-05-22 Tricor Group 2023-07-28 17
Hong Kong, China · www.vistra.com Hong Kong, China · www.tricorglobal.com
Solera Holdings, Inc. 2015-09-14 Spireon, Inc. 2022-02-01 11
Westlake, Texas · www.solera.com Knoxville, Tennessee · www.spireon.com
Solera Holdings, Inc. 2015-09-14 eDriving LLC 2021-06-02 10
Westlake, Texas · www.solera.com Cape May Court House, New Jersey · www.edriving.com
Solera Holdings, Inc. 2015-09-14 DealerSocket, Inc. 2021-05-17 9
Westlake, Texas · www.solera.com Irving, Texas · www.dealersocket.com
Solera Holdings, Inc. 2015-09-14 Omnitracs LLC 2021-05-17 8
Westlake, Texas · www.solera.com Dallas, Texas · www.omnitracs.com
SAI Global Pty Ltd. 2017-10-26 SAI Global Assurance 2021-05-13 2
Sydney, Australia · www.saiglobal.com , Australia
Pioneer Corp. 2018-12-07 GeoTechnologies, Inc. 2021-03-10 1
Tokyo , Japan · www.global.pioneer Tokyo, Japan · geot.jp
Lumenis Ltd. 2019-11-19 Lumenis' Surgical Business 2021-03-03 1
Yokneam, Israel · www.lumenis.com Yokneam, Israel
SAI Global Pty Ltd. 2017-10-26 Global Trust Certification Ltd. 2021-01-06 1
Sydney, Australia · www.saiglobal.com Dundalk, Ireland · www.gtcert.com

M&A by Sector

Sector Current # Value All-time # Value
Education 3 (11%) 1.3B (10%) 7 (12%) 5.6B (19%)
Business Services 3 (11%) 1.2B (9%) 6 (10%) 4.7B (16%)
Information Technology 4 (14%) 2.0B (16%) 5 (8%) 2.0B (7%)
Medical Products 3 (11%) 1.0B (8%) 4 (7%) 1.0B (3%)
Healthcare Services 3 (11%) - 4 (7%) 58M (< 1%)
Financial Services 3 (11%) - 4 (7%) -
Food 1 (4%) - 4 (7%) -
Retail 2 (7%) - 3 (5%) -
Software 1 (4%) 6.5B (51%) 2 (3%) 9.5B (32%)
Consumer Products - - 2 (3%) -
Internet Software and Services - - 2 (3%) -
Transportation 1 (4%) - 2 (3%) -
Information Services - - 1 (2%) 3.6B (12%)
Packaging - - 1 (2%) 1.6B (5%)
Technology Hardware 1 (4%) 844M (7%) 1 (2%) 844M (3%)
Electrical Equipment - - 1 (2%) 450M (2%)
Life Science - - 1 (2%) 640K (< 1%)
Apparel/Textiles - - 1 (2%) -
Building Materials - - 1 (2%) -
Digital Media 1 (4%) - 1 (2%) -
Insurance 1 (4%) - 1 (2%) -
Manufacturing - - 1 (2%) -
Marketing 1 (4%) - 1 (2%) -
Real Estate - - 1 (2%) -
Semiconductors - - 1 (2%) -
Staffing - - 1 (2%) -
Total 28 $12.8B 59 $29.3B

Acquisitions By Geo

State/Country Current # Value All-time # Value
China 4 (14%) - 12 (20%) 7.4B (25%)
United States 7 (25%) 11.0B (86%) 11 (19%) 11.4B (39%)
  Texas 1 (4%) 6.5B (51%) 1 (2%) 6.5B (22%)
  Massachusetts 1 (4%) 2.0B (16%) 1 (2%) 2.0B (7%)
  Florida 1 (4%) 1.3B (10%) 1 (2%) 1.3B (4%)
  Colorado 1 (4%) 1.2B (9%) 1 (2%) 1.2B (4%)
  Virginia 1 (4%) - 1 (2%) -
  Maryland 1 (4%) - 1 (2%) -
  District of Columbia 1 (4%) - 1 (2%) -
  New Jersey - - 1 (2%) 465M (2%)
  California - - 1 (2%) -
  New York - - 1 (2%) -
  Illinois - - 1 (2%) -
India 4 (14%) - 8 (14%) 301M (1%)
United Kingdom 1 (4%) - 7 (12%) 7.9B (27%)
South Korea 3 (11%) - 5 (8%) -
Japan 1 (4%) 844M (7%) 5 (8%) 845M (3%)
  California - - 1 (2%) -
Vietnam 2 (7%) - 2 (3%) -
Singapore 1 (4%) - 2 (3%) 450M (2%)
Canada - - 2 (3%) 58M (< 1%)
  Ontario - - 1 (2%) 58M (< 1%)
  British Columbia - - 1 (2%) -
Israel 1 (4%) 1.0B (8%) 1 (2%) 1.0B (3%)
Australia 1 (4%) 882K (< 1%) 1 (2%) 882K (< 1%)
France 1 (4%) - 1 (2%) -
Philippines 1 (4%) - 1 (2%) -
Taiwan 1 (4%) - 1 (2%) -
Domestic 4 (14%) - 12 (20%) 7.4B (25%)
Cross-border 24 (86%) 12.8B (100%) 47 (80%) 21.9B (75%)
Total 28 $12.8B 59 $29.3B

Acquisitions by Deal Type

Type Current # Value All-time # Value
Secondary Buyout 8 (29%) 1.0B (8%) 14 (24%) 6.1B (21%)
Buyout (LBO, MBO, MBI) 5 (18%) - 11 (19%) 450M (2%)
Stake Purchase 4 (14%) - 10 (17%) 58M (< 1%)
Growth Capital 3 (11%) - 8 (14%) -
Going Private 5 (18%) 9.3B (73%) 7 (12%) 16.6B (57%)
Divestiture 2 (7%) 2.5B (19%) 7 (12%) 6.0B (20%)
Consolidation 1 (4%) - 1 (2%) -
Venture - - 1 (2%) -
Total 28 $12.8B 59 $29.3B

Exits by Deal Type

Type Total # Value
Secondary Sale 9 (30%) 17.6B (83%)
Trade Sale - Public Company 6 (20%) 3.3B (16%)
IPO 6 (20%) -
Trade Sale 4 (13%) 310M (1%)
Divestiture 1 (3%) -
Merger 1 (3%) -
Sold to Management 1 (3%) -
SPAC 1 (3%) -
Stake Sale 1 (3%) -
Total 30 $21.2B

Top M&A Advisors

Financial Deals
BofA Securities
 2
Deloitte
 2
Credit Suisse Investment Banking
 1
Legal Deals
Ropes & Gray
 3
Kim & Chang
 2
Minter Ellison
 1

Deal Values

buy # Total
> $1B 10 $27.2B
$100M to $1B 4 $2.1B
< $100M 3 $60M
TOTAL $29.3B
Largest Solera Holdings, Inc.
$6.5B (2015-09-14)
sell # Total
> $1B 3 $19.7B
$100M to $1B 4 $2.3B
< $100M 1 $90M
TOTAL $22.1B
Largest Nord Anglia Education, Inc.
$14.5B (2024-10-21)

M&A Connections

Deals
Acquired from
Investor(s)
27%
16 (27%)
Strategic(s)
12%
7 (12%)
Exited to
Investor(s)
33%
10 (33%)
Strategic(s)
40%
12 (40%)

Investor Summary

Investor Type

Private Equity Firm

Size

Mega

PE Assets

125.0B USD

Established

1997

Specialist/Generalist

Generalist

Leadership

Jean Eric Salata

Head of BPEA EQT & Chairperson of EQT Asia

Adeline Wong

Head of HR, BPEA EQT

Vijai Raghavan

Head of Operations - India

Zongzhong Tang

Head of Sustainability, BPEA EQT

Andrew Wang

Managing Director

FAQ

When was EQT Private Capital Asia founded?

EQT Private Capital Asia was founded in 1997.

What type of investor is EQT Private Capital Asia?

EQT Private Capital Asia is a private equity firm.

Where is EQT Private Capital Asia headquartered?

EQT Private Capital Asia is headquartered in Hong Kong, China.

How much capital does EQT Private Capital Asia have under management?

EQT Private Capital Asia has 125.0B USD under management.

 Subscribe to unlock this and 212,343
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More
1 Week Free Trial Learn More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB

Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.7K Private Equity Firms
  • 205K M&A Transactions
  • 208K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.7K M&A Advisors
    (Investment Banks and Law Firms)
  • 79K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.

Mergr

Product

Company

Legal