M&A Deal Summary |
|
|---|---|
| Date | 2023-08-25 |
| Target | Australian Venue Co. |
| Sector | Leisure |
| Buyer(s) | PAG |
| Sellers(s) | KKR |
| Deal Type | Secondary Buyout |
| Advisor(s) | Jefferies (Financial) |
SEARCH BY
| Category | Asset Manager |
|---|---|
| Founded | 2002 |
| PE ASSETS | 30.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
PAG is a large independent alternative investment management group focused on private equity, real estate, and absolute returns. PAG’s private equity business, PAG Asia Capital or PAGAC, focuses on large-scale buyouts, control deals, and structured minority investments. PAG’s real estate strategy manages a series of real estate opportunity and core plus funds investing in properties in Japan, China and throughout Asia-Pacific. PAG’s absolute return business focuses on building long term relationships with its partners by offering a flexible range of financing solutions to meet short and long term funding needs. PAG was formed in 2002 and is headquartered in Hong Kong.
| DEAL STATS | # |
|---|---|
| Overall | 25 of 26 |
| Sector: Leisure M&A | 2 of 2 |
| Type: Secondary Buyout M&A Deals | 5 of 5 |
| Country: Australia M&A | 6 of 6 |
| Year: 2023 M&A | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-06-13 |
RK Pharma
Pearl River, New York, United States RK Pharma is a fully integrated generic pharmaceutical company that develops complex API and injectable finished dosage products. RK Pharma was founded in 2018 and is based in Pearl River, New York. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-09-27 |
Shanghai Xingyi Cinema Management
China Shanghai Xingyi Cinema Management is an operator of cinema chains in China. |
Buy | CN¥1.4B |
| Category | Private Equity Firm |
|---|---|
| Founded | 1976 |
| PE ASSETS | 267.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
KKR is a global investment firm founded by Jerome Kohlberg, Henry Kravis, and George Roberts. The Firm is separated into several business segments including private markets, public markets, capital markets, and other principal activities. KKR's private equity practice invests in management buyouts, take privates, corporate divestitures, industry consolidations, and partnerships with family-owned companies. KKR will invest in a broad range of industries and companies and will consider businesses throughout North America, Europe, Asia, and Australia/New Zealand. Sectors of interest include chemicals, consumer products, energy and natural resources, financial services, healthcare, industrial, media/communications, retail, and technology. In addition to its traditional principal investment activity business, KKR also invests in infrastructure assets. KKR was formed in 1976 and is based in New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 195 of 215 |
| Sector: Leisure M&A | 2 of 2 |
| Type: Secondary Buyout M&A Deals | 33 of 41 |
| Country: Australia M&A | 7 of 9 |
| Year: 2023 M&A | 11 of 13 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-08-17 |
A-Gas
Bristol, United Kingdom A-Gas is an independent global specialist blender, re-packer, and distributor of specialty gases and chemicals to the refrigeration and insulation foam industries, primarily focusing on environmentally acceptable replacement products for chlorofluorocarbon (“CFC”) gases and liquids. A-Gas was founded in 1993 and is based in Bristol, United Kingdom. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-09-12 |
Port Arthur LNG
Houston, Texas, United States Port Arthur LNG is a greenfield liquified natural gas export facility strategically located on the U.S. Gulf Coast. Port Arthur LNG is based in Houston, Texas. |
Buy | - |
