Investment Summary

Daiwa PI Partners Invests In Oway

On April 11, 2018, private equity firm Daiwa PI Partners invested in internet software and services company Oway

Investment Highlights
  • This is Daiwa PI Partners’ 2nd transaction in the Internet Software and Services sector.
  • This is Daiwa PI Partners’ 2nd transaction in Myanmar.

Investment Summary

Date 2018-04-11
Target Oway
Sector Internet Software and Services
Investor(s) Daiwa PI Partners
Deal Type Stake Purchase

Target

Oway

Yangon, Myanmar
Oway provides online travel agency business, taxi hailing business and e-payment through its mobile application to Myanmar business enterprises as well as consumers. Oway was founded in 2012 and is based in Yangon, Myanmar.

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Investor(S) 1

DESCRIPTION

Daiwa PI Partners is a private investment firm focused on debt/real estate investments, private equity, and venture opportunities in Taiwan and South Korea. Within its private equity practice, Daiwa seeks to partner with mid-sized Japanese companies looking for help with increasing sales, improving efficiency, and enhancing business management. Sectors of interest include manufacturing, business services, infrastructure, retail, and technology. Daiwa PI Partners is based in Tokyo.


DEAL STATS #
Overall 6 of 18
Sector: Internet Software and Services M&A 2 of 2
Type: Stake Purchase M&A Deals 2 of 2
Country: Myanmar M&A 2 of 3
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-28 Frontiir

Yangon, Myanmar

Frontiir provides exceptional enterprise IT services and delivering state of the art communication services to developing countries. It innovates and designs its own network infrastructure solutions including its unique wireless last-mile solutions. Frontiir was formed in 2013 and is based in Yangon, Myanmar.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-01 ENAX

Tokyo, Japan

ENAX develops, manufactures, and sells lithium-ion battery packs and cells. ENAX was founded in 1996 and is based in Tokyo, Japan.

Buy -