M&A Deal Summary

KV Asia Capital Acquires TF Value Mart

On February 1, 2016, private equity firm KV Asia Capital acquired retailer TF Value Mart from The Abraaj Group

Acquisition Highlights
  • This is KV Asia Capital’s 1st transaction in the Retail sector.
  • This is KV Asia Capital’s 1st transaction in Malaysia.

M&A Deal Summary
Date 2016-02-01
Target TF Value Mart
Sector Retail
Buyer(s) KV Asia Capital
Sellers(s) The Abraaj Group
Deal Type Secondary Buyout

Target

TF Value Mart

Petaling Jaya, Malaysia
website
TF Value Mart is a hypermarket chain, primarily focused on food and other essentials. It operates a low-cost business model, delivering its products in a no-frills but comfortable environment. The company’s focus is on towns with populations of between 80,000 and 150,000 that are situated away from the major urban centers, where competition is more intense. TF Value Mart was founded in 1957 and is based in Petaling Jaya, Malaysia.

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Buyer(S) 1

Buyer

KV Asia Capital

Investor Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 2010
Size Small
Type Sector Agnostic
DESCRIPTION

KV Asia Capital is a private equity firm focused on acquiring and investing in mid-sized businesses throughout Southeast Asia. Sectors of interest include consumer, healthcare, manufacturing, and energy services. KV Asia Capital was established in 2010 and is headquartered in Singapore.

DEAL STATS #
Overall 4 of 4
Sector (Retail) 1 of 1
Type (Secondary Buyout) 1 of 1
Country (Malaysia) 1 of 1
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-02 Aalst Chocolate

Singapore, Singapore

Aalst Chocolate is a manufacturer of chocolate and supplier to customers mainly in Industrial (confectionery, ice-cream, biscuits, and bakery); and Food Service (professionals and chefs). Aalst Chocolate was founded in 2003 and is based in Singapore.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-25 Orange Valley Nursing Homes

Singapore, Singapore

Orange Valley Nursing Homes is a provider of quality nursing care in Singapore. Orange Valley Nursing Homes was founded in 1993 and is based in Singapore.

Sell -

Seller(S) 1

SELLER

The Abraaj Group

Dubai, United Arab Emirates

website

Category Asset Manager
Founded 2002
PE ASSETS 7.4B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Abraaj Capital Limited is a private equity firm that seeks investments in the Middle East, North Africa, and South Asia. Abraaj looks for stable, mature businesses and uses a 'buy and build' strategy for growth. Areas of interest include aerospace, healthcare, transportation, financial services, leisure, education, energy, and manufacturing. In addition to its buyout and growth capital investments, Abraaj also invests in real estate and infrastructure. Abraaj Capital was formed in 2002 and is based in Dubai.

DEAL STATS #
Overall 22 of 28
Sector (Retail) 2 of 3
Type (Secondary Buyout) 3 of 7
Country (Malaysia) 1 of 1
Year (2016) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-18 SAH

Ariana, Tunisia

SAH is Tunisia's producer of absorbent hygiene products. SAH produces baby care, feminine care, incontinence care, and related paper products under the Lilas brand. SAH is seeking to expand its product range and grow market share in the North African markets of Tunisia, Algeria, and Mauritania as well as accelerate its development in sub-Saharan Africa. SAH was founded in 1994 and is based in Ariana, Tunisia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-19 Ninja Logistics Pte

Singapore, Singapore

Ninja Logistics Pte Ltd. a technology enabled logistics provider with operations in Singapore, Malaysia and Indonesia.

Buy -
Mergr

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