M&A Deal Summary |
|
|---|---|
| Date | 2022-09-15 |
| Target | Patties Food Group |
| Sector | Food |
| Buyer(s) | PAG |
| Sellers(s) | Pacific Equity Partners |
| Deal Type | Secondary Buyout |
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 | 22 of 26 |
| Sector: Food M&A | 4 of 5 |
| Type: Secondary Buyout M&A Deals | 3 of 5 |
| Country: Australia M&A | 5 of 6 |
| Year: 2022 M&A | 6 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-09-15 |
Vesco Foods
Osborne Park, Australia Vesco Foods is a producer of frozen ready meals with a market position in the private label/contract manufacturing segments primarily servicing the Retail channel. Vesco Foods was founded in 1974 and is based in Osborne Park, Western Australia. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-12-20 |
Shandong Fengxiang
Liaocheng, China Shandong Fengxiang engages in the research and development, processing, and sale of chicken meat products from white-feathered broilers in China. It offers processed chicken meat products, raw chicken meat products, chicken breeds, and other products. Shandong Fengxiang was founded in 2010 is headquartered in Liaocheng, China. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1998 |
| PE ASSETS | 10.0B AUD |
| Size | Mega |
| Type | Sector Agnostic |
Pacific Equity Partner (PEP) is a private equity firm focused on buyout and late stage expansion capital investments in Australia and New Zealand. PEP typically partners with management teams in acquiring businesses and focuses on transactions valued up to AU$1 Billion. The Firm prefers control situations and typically holds investments for three to six years. PEP will not invest in start-ups or unprofitable businesses, as well as gambling or tobacco companies. Pacific Equity Partners was formed in 1998 and is based in Sydney, Australia. The Firm targets various industries.
| DEAL STATS | # |
|---|---|
| Overall | 21 of 23 |
| Sector: Food M&A | 7 of 7 |
| Type: Secondary Buyout M&A Deals | 3 of 5 |
| Country: Australia M&A | 14 of 15 |
| Year: 2022 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-08-22 |
Altus Traffic
Macquarie Park, Australia Altus Traffic is a traffic management company and provider of safety culture and processes supported by independent audits. It also has a focus on female, indigenous and long-term unemployed participation in the workforce, and has begun introducing hybrid vehicles into its fleet.Altus Traffic was founded in 2002 and is based in Macquarie Park, Australia. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-10-28 |
iNova Pharmaceuticals
Singapore, Singapore iNova Pharmaceuticals is a developer and marketer of over-the-counter and prescription medicines. iNova Pharmaceuticals was founded in 1958 and is based in Singapore. |
Sell | $1.4B |
