Investment Summary

General Atlantic Invests In NetEase Cloud Music

On November 12, 2018, growth capital firm General Atlantic invested in internet software and services company NetEase Cloud Music

Investment Highlights
  • This is General Atlantic’s 40th transaction in the Internet Software and Services sector.
  • This is General Atlantic’s 23rd transaction in China.
Investment Fate
  • NetEase Cloud Music went public in 2021.

Investment Summary

Date 2018-11-12
Target NetEase Cloud Music
Sector Internet Software and Services
Investor(s) General Atlantic
Deal Type Venture

Target

NetEase Cloud Music

Hangzhou, China
NetEase Cloud Music is an online music streaming platform. NetEase Cloud Music was founded in 2013 and is based in Hangzhou, China.

Search 214,877 Deals Now

SEARCH BY

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

Try Free

Investor(S) 1

Investor

General Atlantic

Investor Investor Investor Investor Investor


Category Growth Capital Firm
Founded 1980
PE ASSETS 105.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

General Atlantic is a large private equity firm that invests globally in growth-oriented public and private companies. Broad areas of interest include financial services, media and consumer, healthcare, enterprise solutions, communications and electronics, and energy. General Atlantic looks to invest $40 to $400 million in transactions that support growth, expansions, buy-outs, consolidations and build-ups. General Atlantic seeks to make 8 to 12 investments per year with an investment horizon of five to ten years. The Firm's geographic coverage spans North America; Europe; Asia/Pacific; and India. General Atlantic was formed in 1980 and is based in New York, New York.


DEAL STATS #
Overall 208 of 364
Sector: Internet Software and Services M&A 40 of 78
Type: Venture M&A Deals 35 of 98
Country: China M&A 23 of 33
Year: 2018 M&A 21 of 25
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-09 FNZ Group

London, United Kingdom

FNZ Group is a global platform-as-a-service provider, transforming the way financial institutions serve their wealth management customers. FNZ Group partners with banks, insurers and asset managers to help consumers better achieve their financial goals. FNZ's technology, transaction and custody services enable their clients to provide best-in-class wealth management solutions to financial advisers, end-investors and the workplace that are efficient, flexible, transparent and scalable, supporting market, demographic and regulatory trends worldwide. FNZ Group was founded in 2004 and is based in London, United Kingdom.

Sell £1.7B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-26 Property Finder

Dubai, United Arab Emirates

Property Finder is a digital real estate platform in Middle East and North Africa region that facilitates the house hunting journey for both buyers and renters. Propertyfinder was founded in 2007 and is based in Dubai, United Arab Emirates.

Buy -