Investment Summary

Sumitomo Equity Asia Invests In YunQuNa

On January 9, 2019, corporate investor Sumitomo Equity Asia invested in transportation company YunQuNa

Investment Highlights
  • This is Sumitomo Equity Asia’s 1st transaction in the Transportation sector.
  • This is Sumitomo Equity Asia’s 5th transaction in China.

Investment Summary

Date 2019-01-09
Target YunQuNa
Sector Transportation
Investor(s) Sumitomo Equity Asia
Deal Type Growth Capital

Target

YunQuNa

Shanghai, China
YunQuNa provides international logistics services aided by digital technology. YunQuNa offers 24/7 logistics services based on an online, end-to-end international container freight shipping platform it has developed. YunQuNa was established in 2014 and is based in Shanghai, China.

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Investor(S) 1

Investor
DESCRIPTION

Sumitomo Corporation Equity Asia Limited (SCEA) is the Asian private equity arm of Japanese conglomerate Sumitomo. SCEA generally targets fast growing, small to mid-market companies from early to expansion stage. The Firm will also co-invest alongside other investors in larger buyout situations. SCEA will consider investing in high-tech sectors as well more traditional industries. Sectors of interest include wireless, semiconductors, internet services, IT, clean technology, manufacturing, automotive, distribution, logistics, and financial services. SCEA will not invest in privatization opportunities, biotech, capital intensive businesses, infrastructure, or real estate. SCEA was formed in 2002 and is based in Hong Kong.


DEAL STATS #
Overall 9 of 13
Sector: Transportation M&A 1 of 1
Type: Growth Capital M&A Deals 2 of 4
Country: China M&A 5 of 7
Year: 2019 M&A 1 of 4
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