Buyout (LBO, MBO, MBI) • Automotive

CVC Capital Partners Acquires Fujian Jinuo

On January 1, 2022, private equity firm CVC Capital Partners acquired automotive company Fujian Jinuo

Acquisition Context
  • This is CVC Capital Partners’ 3rd transaction in the Automotive sector.
  • This is CVC Capital Partners’ 13th transaction in China.

Explore All 499 Buyout (LBO, MBO, MBI) Automotive Deals - Search the Database Free


M&A Deal Summary

Date January 1, 2022
Target Fujian Jinuo
Sector Automotive
Buyer(s) CVC Capital Partners
Deal Type Buyout (LBO, MBO, MBI)

Target Company

Fujian Jinuo

Fuzhou, China
Fujian Jinuo is a Roadside Assistance provider. Fujian Jinuo has an integrated online platform, connecting demand for assistance with local service providers in real-time across the 31 provinces and regions of the Chinese Mainland. Fujian Jinuo was founded in 2011 and is based in Fuzhou, China.
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Buyer Overview 1

Buyer

CVC Capital Partners

Luxembourg, Luxembourg

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1981
PE ASSETS 177.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

CVC Capital Partners is a global private equity firm focused on investments in large companies located in Europe, North America, and Asia. CVC looks for opportunities with stable cash flows and talented management, and will consider businesses in a variety of industries. Target sectors include textiles, industrial products, waste management, building materials, energy/utilities, business services, financial services, distribution, healthcare, media, semiconductors, and gaming. CVC can handle transactions valued from €200 million to €10 billion. CVC Capital Partners was formed in 1981 and is based in Luxembourg.


Deal Context for Buyer #
Overall 302 of 329
Sector: Automotive 3 of 4
Type: Buyout (LBO, MBO, MBI) 119 of 122
Country: China 13 of 13
Year: 2022 3 of 15
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-01 Ligue de Football Professionnel

Paris, France

Ligue de Football Professionnel is a French governing body that runs the major professional football leagues in France. The league is responsible for overseeing, organising, and managing the top two leagues in France, Ligue 1 and Ligue 2, and is also responsible for the 44 professional football clubs that contest football in France. Ligue de Football Professionnel is based in Paris, France.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-01 Forterro

London, United Kingdom

Forterro is a group of companies that deliver ERP software to SMEs in specialized geographical or vertical markets. Forterro operates business units in Sweden, Switzerland and France, as well as regional office locations and research and development centers around the world. Forterro was founded in 2012 and is headquartered in London, England.

Buy €1.0B