Buyout (LBO, MBO, MBI) • Marine

BCI and Nexus Point Capital Acquire HLS

On May 9, 2022, asset manager BCI and private equity firm Nexus Point Capital acquired marine company HLS

Acquisition Context
  • This is BCI’s 1st and Nexus Point Capital’s 1st transaction in the Marine sector.
  • This is BCI’s 1st and Nexus Point Capital’s 1st transaction in China.

Explore All 154 Buyout (LBO, MBO, MBI) Marine Deals - Search the Database Free


M&A Deal Summary

Date May 9, 2022
Target HLS
Sector Marine
Buyer(s) BCI
Nexus Point Capital
Deal Type Buyout (LBO, MBO, MBI)
Advisor(s) BDA Partners
Alvarez & Marsal (Financial)
Simmons & Simmons (Legal)

Target Company

HLS

Hong Kong, China
HLS is a global non-vessel-operating common carrier (“NVOCC”) providing freight forwarding services. HLS was founded in 1997 and is based in Hong Kong, China.
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Buyers Overview 2

Buyer

BCI

Investor Investor Investor Investor Investor


Category Asset Manager
Founded 1999
PE ASSETS 21.1B CAD
Size Mega
Type Sector Agnostic
DESCRIPTION

British Columbia Investment Management Corp. (BCI) is large asset manager focused on providing investment management services to British Columbia’s public sector. The Firm looks to invest in a range of asset categories and will consider opportunities globally. BCI's private equity practice was established in 1995 and seeks leverage buyout and growth equity opportunities that include market leading companies with tangible downside protection. Portfolio companies have a sustainable competitive advantage, offer value-added products and services, and are led by talented management teams. British Columbia Investment Management Corp. is headquartered in Victoria, British Columbia.


Deal Context for Buyer #
Overall 27 of 32
Sector: Marine 1 of 1
Type: Buyout (LBO, MBO, MBI) 5 of 5
Country: China 1 of 1
Year: 2022 5 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-27 National Grid - Gas Transmission & Metering Business

London, United Kingdom

National Grid's Gas Transmission & Metering Business owns and operates regulated national gas transmission system and independent gas metering services.

Buy £9.6B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-16 Vantor

Westminster, Colorado, United States

Vantor is a global communications and information company providing operational solutions to commercial and government organizations worldwide. Vantor business is focused on markets and customers with strong repeat business potential, primarily in the Communications sector and the Surveillance and Intelligence sector. In addition, the Company conducts a significant amount of advanced technology development. Vantor was founded in 1969 and is based in Westminster, Colorado.

Buy $6.4B
DESCRIPTION

Nexus Point Capital is a private equity firm that focuses on control and buy-out investments in Asia, targeting companies with strong growth prospects in sectors such as consumer, healthcare, business services, advanced manufacturing, and technology. Nexus Point Capital was founded in 2017 and is based in Hong Kong.


Deal Context for Buyer #
Overall 1 of 1
Sector: Marine 1 of 1
Type: Buyout (LBO, MBO, MBI) 1 of 1
Country: China 1 of 1
Year: 2022 1 of 1

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