M&A Deal Summary

Puhui Wealth Investment Management Acquires Granville Financial Services

On December 9, 2019, Puhui Wealth Investment Management acquired financial services company Granville Financial Services for 29M HKD

Acquisition Highlights
  • This is Puhui Wealth Investment Management’s 1st transaction in the Financial Services sector.
  • This is Puhui Wealth Investment Management’s largest (disclosed) transaction.
  • This is Puhui Wealth Investment Management’s 1st transaction in China.

M&A Deal Summary
Date 2019-12-09
Target Granville Financial Services
Sector Financial Services
Buyer(s) Puhui Wealth Investment Management
Deal Type Add-on Acquisition
Deal Value 29M HKD

Target

Granville Financial Services

Hong Kong, China
Granville Financial Services Co., Ltd. is a licensed corporation under the Securities and Futures Ordinance Chapter 571 to engage in regulated activities type 1 (Dealing in Securities), type 2 (Dealing in Futures) and type 9 (Asset Management). Granville Financial Services Co., Ltd. is based in Hong Kong.

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Buyer(S) 1

Buyer

Puhui Wealth Investment Management

Beijing, China
Category Company
Founded 2013
Sector Financial Services
Employees40
DESCRIPTION

Puhui Wealth Investment Management is a third-party wealth management service provider focusing on marketing financial products (including private equity and other diversified products and services) to, and managing funds for, individuals and corporate clients in the PRC. Puhui Wealth Investment Management was founded in 2013 and is based in Beijing, China.

DEAL STATS #
Overall 1 of 1
Sector (Financial Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (China) 1 of 1
Year (2019) 1 of 1
Size (of disclosed) 1 of 1
Mergr

Product

Company

Legal