M&A Deal Summary

Deutsche Bank Acquires Jaya Holdings

On February 13, 2011, Deutsche Bank acquired energy services and equipment company Jaya Holdings from Affinity Equity Partners for 206M USD

Acquisition Highlights
  • This is Deutsche Bank’s 2nd transaction in the Energy Services and Equipment sector.
  • This is Deutsche Bank’s 2nd largest (disclosed) transaction.
  • This is Deutsche Bank’s 1st transaction in Singapore.

M&A Deal Summary

Date 2011-02-13
Target Jaya Holdings
Sector Energy Services and Equipment
Buyer(s) Deutsche Bank
Sellers(s) Affinity Equity Partners
Deal Type Add-on Acquisition
Deal Value 206M USD

Target

Jaya Holdings

Singapore
The Jaya Group traces its origins to 1981 when three young friends came together to form a single-vessel owning company. From then, and through the eighties, Jaya grew to own and operate a fleet of tugs and barges, plying regionally. The Group was listed on the Singapore Stock Exchange in 1992. Thereafter, it forayed into ownership and chartering of conventional and container vessels, before taking a strategic decision to focus on the Offshore Energy domain.

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Buyer(S) 1

Buyer

Deutsche Bank

Frankfurt, Germany

Category Company
Founded 1870
Sector Financial Services
Employees90,323
Revenue 31.2B EUR (2023)
DESCRIPTION

Deutsche Bank is a German global banking and financial services company. Deutsche Bank was founded in 1870 and is based in Frankfurt, Germany.


DEAL STATS #
Overall 3 of 7
Sector (Energy Services and Equipment) 2 of 2
Type (Add-on Acquisition) 3 of 5
Country (Singapore) 1 of 1
Year (2011) 1 of 1
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-04-02 HedgeWorks

Carlsbad, California, United States

HedgeWorks LLC provides independent administrative services to hedge funds, including investor services, fund accounting, net asset value (NAV) calculation and customized web reporting to managers and investors.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-01 The Porterbrook Partnership

Edinburgh, United Kingdom

Porterbrook is a rolling stock owning company, which has as its primary activity the leasing of passenger trains to train operating companies in Britain under long term lease agreements.

Buy -

Seller(S) 1

SELLER

Affinity Equity Partners

Hong Kong, China

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2004
PE ASSETS 14.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Affinity Equity Partners is an independent private equity firm focused on traditional buyout and control oriented investments across Asia-Pacific valued up to US$1 billion. Sectors of interest include businesses in consumer-related goods and services, value-added manufacturing, healthcare, financial services and business services. Affinity prefers companies with an established track record as well as proven, consistent earning power and cash flow generating ability. Affinity will not consider investments in real estate, biotechnology, tobacco, oil and gas exploration, and weaponry development and sales. Affinity Equity Partners was spun out of UBS Capital Asia Pacific in 2004 and is headquartered in Hong Kong.


DEAL STATS #
Overall 9 of 24
Sector (Energy Services and Equipment) 1 of 1
Type (Add-on Acquisition) 8 of 14
Country (Singapore) 1 of 3
Year (2011) 2 of 3
Size (of disclosed) 9 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-01-27 Korea Digital Satellite Broadcasting

Seoul, South Korea

Korean digital satellite paid-TV broadcaster with over 2 million subscribers.

Sell ₩246M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-05-01 Tegel

Auckland, New Zealand

Tegel manufactures a range of other processed meat products, including sausages, for which it is the country's second-largest producer. It has a network of 38 breeder farms, three hatcheries, 93 farms, three processing plants, and five distribution centers. Tegel was established in 1961 and is based in Auckland, New Zealand.

Buy -