Growth Capital • Internet Software and Services

Ascend Capital Partners Invests In SinoBnet.com

On April 1, 2000, merchant bank Ascend Capital Partners invested in internet software and services company SinoBnet.com

Investment Context
  • This is Ascend Capital Partners’ 1st transaction in the Internet Software and Services sector.
  • This is Ascend Capital Partners’ 1st transaction in China.
Investment Fate
  • SinoBnet.com went public in 2003.

Explore All 1226 Growth Capital Internet Software and Services Deals - Search the Database Free


Investment Summary

Date April 1, 2000
Target SinoBnet.com
Sector Internet Software and Services
Investor(s) Ascend Capital Partners
Deal Type Growth Capital

Target Company

SinoBnet.com

Beijing, China
SinoBnet.com, Inc. is a China-focused publisher of offline and online trade magazines.
Explore More Deals

Browse All 215,158 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Investor Overview 1

DESCRIPTION

Ascent Capital Partners is a financial advisory firm and private equity investor focused on opportunities in China. Ascend Capital Partners was formed in 1999 and is based in Beijing.


Deal Context for Investor #
Overall 1 of 13
Sector: Internet Software and Services 1 of 2
Type: Growth Capital 1 of 4
Country: China 1 of 10
Year: 2000 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2000-07-01 GC Tech

Beijing, China

GCTech is an application software and service provider. The company offers its software products, system integration, total solution and other services to telecom carriers for their local and long distance PSTN networks, as well as the fast growing data and mobile networks. The company has also been serving customers, such as government agencies and sizable enterprises, with e-business applications and networking technologies. GC Tech was founded in 1995 and is based in Beijing, China.

Buy -