M&A Deal Summary

Investcorp Acquires City Super

On January 1, 2020, asset manager Investcorp acquired food company City Super

Acquisition Highlights
  • This is Investcorp’s 4th transaction in the Food sector.
  • This is Investcorp’s 1st transaction in China.

M&A Deal Summary

Date 2020-01-01
Target City Super
Sector Food
Buyer(s) Investcorp
Deal Type Buyout (LBO, MBO, MBI)

Target

City Super

Hong Kong, China
City Super is a food retailing chains in Hong Kong and Shanghai, known for offering the highest quality and widest assortment of gourmet food products to its customers from around the world. City Super Group also operates the LOG-ON stores, which offer a unique collection of lifestyle products. City Super was founded in 1996 and is based in Hong Kong, China.

Search 214,238 Deals Now

SEARCH BY

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

Try Free

Buyer(S) 1

Buyer

Investcorp

New York, New York, United States

Investor Investor Investor Investor Investor


Category Asset Manager
Founded 1982
PE ASSETS 53.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Investcorp is a global investment group focused on a variety of investment disciplines. Practice areas include private equity in North America and Western Europe, hedge funds, US real estate, technology investments, and Middle Eastern private equity. Within North America/Europe private equity, Investcorp targets market leaders with proven track records. It looks to invest $15 to $50 million in companies with revenues of $10 to $250 million. Investcorp's technology group sponsors growth-oriented control investments in the tech sector. Investcorp's Middle East practice focuses on buyout/build opportunities in North Africa and the Gulf Region. Target sectors include services, infrastructure, manufacturing, and energy. Investcorp was formed in 1982 and is based in Manama, Bahrain.


DEAL STATS #
Overall 150 of 189
Sector: Food M&A 4 of 4
Type: Buyout (LBO, MBO, MBI) M&A Deals 46 of 62
Country: China M&A 1 of 7
Year: 2020 M&A 1 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-25 NephroPlus

Hyderabad, India

NephroPlus is a dialysis provider network offering highest quality dialysis services. NephroPlus was founded in 2009 and is based in Hyderabad, Telangana.

Buy $45M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-12 Fortune Fish & Gourmet

Bensenville, Illinois, United States

Fortune Fish & Gourmet is a fresh and frozen seafood and specialty food distributor servicing fine restaurants, hotels, country clubs and grocers. Fortune operates a art facility in close proximity to Chicago’s O’Hare International Airport, which enables timely delivery of products across key Midwestern MSAs. Fortune Fish & Gourmet is founded in 2001 and is based in Bensenville, Illinois.

Buy -