Investment Summary

Olympus Capital Holdings Asia and Morgan Stanley Private Equity Asia Invest In Thai Credit Retail Bank

On July 25, 2019, private equity firms Olympus Capital Holdings Asia and Morgan Stanley Private Equity Asia invested in financial services company Thai Credit Retail Bank

Investment Highlights
  • This is Olympus Capital Holdings Asia’s 5th and Morgan Stanley Private Equity Asia’s 6th transaction in the Financial Services sector.
  • This is Olympus Capital Holdings Asia’s 1st and Morgan Stanley Private Equity Asia’s 2nd transaction in Thailand.

Investment Summary

Date 2019-07-25
Target Thai Credit Retail Bank
Sector Financial Services
Investor(s) Olympus Capital Holdings Asia
Morgan Stanley Private Equity Asia
Deal Type Stake Purchase

Target

Thai Credit Retail Bank

Bangkok, Thailand
Thai Credit Retail Bank provides financial services to micro, small, and medium-sized enterprises in Thailand. It operates in two segments, e-Wallet Business and Banking Business. Thai Credit Retail Bank was founded in 1970 and is based in Bangkok, Thailand.

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

Investor(S) 2

Investor

Olympus Capital Holdings Asia

Hong Kong, China

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1997
PE ASSETS 2.5B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Olympus Capital Holdings Asia Limited is a private equity firm that targets investments throughout Asia, including Japan, Korea, India and Greater China. Target industries include agribusiness/food, business services, environmental services/alternative energy, financial services, manufacturing and natural resources. Olympus Capital was formed in 1997 and has offices in Hong Kong, New York, Seoul, Shanghai, New Delhi, and Tokyo.


DEAL STATS #
Overall 17 of 17
Sector: Financial Services M&A 5 of 5
Type: Stake Purchase M&A Deals 4 of 4
Country: Thailand M&A 1 of 1
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-31 Vishwa Infrastructures and Services

Hyderabad, India

Vishwa Infrastructures and Services is an infrastructure developer specializing in integrated water supply and wastewater management projects. The company executes water and sewage pipeline works, treatment plants, and associated civil and electrical infrastructure. It also undertakes BOT projects and has capabilities in micro-tunneling technologies. Vishwa Infrastructures and Services was founded in 1992 and is based in Hyderabad, Telangana.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-07 QBSS

Marietta, Georgia, United States

QBSS serves small and medium-sized businesses across North America and global enterprise customers across North America and Europe. The Company provides an integrated portfolio of BPO services, including accounting, finance, billing, human resources, payroll, tax, IT help desk, technical support, and other back-office services to a wide range of industries. QBSS’s unique capabilities have enabled its customers to experience excellent process and operational improvements in their businesses, while reducing operating costs. The Company has significant experience supporting multi-unit restaurant and retail operations for franchise operators, as well as non-profit organizations, hospitals and other businesses. QBSS’s customers are supported by over 750 dedicated employees and delivery centers and offices across Atlanta, Chicago, Illinois, St. Paul, Minnesota, and India. QBSS was founded in 2008 and is based in Marietta, Georgia.

Sell -
DESCRIPTION

Morgan Stanley Private Equity Asia is a direct investment affiliate of Morgan Stanley that looks to acquire minority investments in companies with substantial business operations throughout Asia. The Unit has a preference for fast-growing businesses with strong brands and sustainable competitive advantages. In addition to minority deals, the Firm will also consider select control situations. Morgan Stanley Private Equity Asia was formed in 1993 and is headquartered in Hong Kong.


DEAL STATS #
Overall 34 of 36
Sector: Financial Services M&A 6 of 7
Type: Stake Purchase M&A Deals 5 of 5
Country: Thailand M&A 2 of 3
Year: 2019 M&A 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-12 IVD Medical

Shanghai, China

IVD Medical distributes In vitro diagnostic (IVD) products in Mainland China and internationally. The company operates through three segments: Distribution Business, Maintenance Services, and Self-branded Products Business. It offers IVD analysers, reagents, and other consumables for various IVD testing categories, including hematology and body fluid, immunoassay, clinical chemistry, molecular, microbiology, and point-of-care testing. IVD Medical was founded in 1993 and is based in Shanghai, China.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-30 SAFE Fertility Center

Bangkok, Thailand

SAFE Fertility Center is engaged in the Assisted Reproductive Technology (ART) business, serving Thai as well as international couples with pregnancy difficulties. SAFE Fertility Center was founded in 2007 and is based in Bangkok, Thailand.

Buy -