M&A Deal Summary

Bain Capital Private Equity Acquires EcoCeres

On January 12, 2023, private equity firm Bain Capital Private Equity acquired environmental company EcoCeres from Kerogen Capital

Acquisition Highlights
  • This is Bain Capital Private Equity’s 3rd transaction in the Environmental sector.
  • This is Bain Capital Private Equity’s 14th transaction in China.

M&A Deal Summary

Date 2023-01-12
Target EcoCeres
Sector Environmental
Buyer(s) Bain Capital Private Equity
Sellers(s) Kerogen Capital
Deal Type Secondary Buyout

Target

EcoCeres

Hong Kong, China
EcoCeres is a biomass utilization company operates in the businesses of Bio-Grease Utilization and Agricultural Waste Utilization. EcoCeres is based in Hong Kong, China.

Search 202,137 Deals Now

SEARCH BY

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

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Bain Capital Private Equity

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1984
PE ASSETS 44.2B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Bain Capital Private Equity (BCPE), is the private equity investment arm of alternative asset management firm, Bain Capital. BCPE targets leveraged buyout and growth capital transactions in a wide variety of industries including information technology, communications, media, healthcare, industrial/manufacturing, retail/consumer, and financial services. Bain Capital is based in Boston with additional offices in New York, London, Mumbai, Hong Kong, Shanghai, Tokyo, and Munich.


DEAL STATS #
Overall 222 of 238
Sector (Environmental) 3 of 3
Type (Secondary Buyout) 61 of 67
Country (China) 14 of 15
Year (2023) 1 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-20 Pronovias

Barcelona, Spain

Pronovias is a family firm that began life in 'El Suizo', a prestigious Barcelona store founded by Alberto Palatchi Bienveniste in 1922 that specialised in lace, embroidery and high-quality silk fabrics. Pronovias has had a network of 79 franchises which share the values and savoir-faire of its own stores, guaranteeing a unique shopping experience, that has reached all corners of the world. Pronovias was founded in 1964 and is based in Barcelona, Spain.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-25 J.M.Baxi

Mumbai, India

J.M.Baxi is a private terminal and inland transport service provider with operations comprising container terminals, a multi-purpose terminal, inland container depots, container freight stations, and additional logistics activities, such as rail service offerings across India. J.M.Baxi is based in Mumbai.

Sell -

Seller(S) 1

SELLER

Kerogen Capital

Hong Kong, China

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2007
PE ASSETS 2.0B USD
Size Large
Type Sector Focused
DESCRIPTION

Kerogen Capital is a provider of growth and development capital to small and medium-sized oil and gas companies. Kerogen primarily focuses on the upstream oil and gas sector serving demand from Asia. Geographic areas of focus predominantly span South East Asia, Central Asia, and select countries in the Middle East and Africa. Kerogen Capital has offices in Hong Kong and London.


DEAL STATS #
Overall 4 of 4
Sector (Environmental) 1 of 1
Type (Secondary Buyout) 1 of 1
Country (China) 1 of 1
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-25 Enervee

Los Angeles, California, United States

Enervee provides an integrated platform for electric and gas utilities to cost-effectively achieve their energy efficiency and decarbonization targets. Enervee is based in Los Angeles, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-03-08 Geothermal Engineering

Cornwall, United Kingdom

Geothermal Engineering is a developer of geothermal heat and power projects. Geothermal Engineering was founded in 2008 and is based in Cornwall, United Kingdom.

Buy -