M&A Deal Summary

GreenTree Hospitality Group Acquires Da Niang Dumplings Co.

On January 18, 2017, GreenTree Hospitality Group acquired restaurant Da Niang Dumplings Co. from CVC Capital Partners

Acquisition Highlights
  • This is GreenTree Hospitality Group’s 1st transaction in the Restaurants sector.
  • This is GreenTree Hospitality Group’s 1st transaction in China.

M&A Deal Summary

Date 2017-01-18
Target Da Niang Dumplings Co.
Sector Restaurants
Buyer(s) GreenTree Hospitality Group
Sellers(s) CVC Capital Partners
Deal Type Add-on Acquisition

Target

Da Niang Dumplings Co.

Changhzou, China
Da Niang Dumpling Co., Ltd. owns and operates a chain of Chinese fast food restaurants. Da Niang Dumpling Co. was formed in 1996 and is based in Changhzou, China.

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Buyer(S) 1

Buyer

GreenTree Hospitality Group

Shanghai, China

Category Company
Founded 2004
Sector Leisure
Employees2,339
Revenue 1.3B CNY (2024)
DESCRIPTION

GreenTree Hospitality Group franchised hotel operator. GreenTree Hospitality Group was founded in 2004 and is based in Shanghai, China.


DEAL STATS #
Overall 1 of 3
Sector: Restaurants M&A 1 of 3
Type: Add-on Acquisition M&A Deals 1 of 3
Country: China M&A 1 of 2
Year: 2017 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-28 Argyle Hotel Management Group Pty

Beijing, United States

Argyle Hotel Management Group (Australia) Pty Ltd. is a hotel management group manages over 100 hotels and resorts across the Asia Pacific and has earned a reputation as an Australian icon in the Asia Pacific.

Buy -

Seller(S) 1

SELLER

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 STATS #
Overall 127 of 181
Sector: Restaurants M&A 4 of 4
Type: Add-on Acquisition M&A Deals 45 of 69
Country: China M&A 7 of 8
Year: 2017 M&A 2 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-17 Leslie s

Phoenix, Arizona, United States

Leslie's is a specialty retailer of swimming pool supplies and related products. Leslie's was founded in 1963 and is based in Phoenix, Arizona.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-10 Pension Insurance

London, United Kingdom

Pension Insurance is a specialist insurer and provider of bulk annuities to UK corporate pension schemes. Pension Insurance was founded in 2006 and is based in London, United Kingdom.

Buy -