Investment Summary

The Carlyle Group Invests In Luolai Lifestyle Technology

On April 26, 2019, private equity firm The Carlyle Group invested in furniture company Luolai Lifestyle Technology

Investment Highlights
  • This is The Carlyle Group’s 1st transaction in the Furniture sector.
  • This is The Carlyle Group’s 59th transaction in China.

Investment Summary

Date 2019-04-26
Target Luolai Lifestyle Technology
Sector Furniture
Investor(s) The Carlyle Group
Deal Type Stake Purchase

Target

Luolai Lifestyle Technology

Shanghai, China
Luolai Lifestyle Technology is a home furniture company consisting of research & development, design, manufacture, and sales of bedding, furniture, linens and more. It is one of the earliest home furnishing professional manufacturers and retailers. The company transformed their strategy from focusing on home furnishing to a one-stop home lifestyle retail service with products covering home furnishing, interior design, etc. It aims to provide rich residential life and a brand new one-stop home furnishing shopping experience. Luolai Lifestyle Technology was founded in 1992 and is based in Shanghai, China.

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Investor(S) 1

Investor

The Carlyle Group

Washington, District of Columbia, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1987
PE ASSETS 435.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION
Carlyle's corporate headquarters on Pennsylvania Ave. in Washington, DC.
Carlyle's corporate headquarters on Pennsylvania Ave. in Washington, DC.

The Carlyle Group is a global investment firm that pursues private equity, credit, and real estate investments worldwide. Carlyle's private equity practice practice pursues buyouts, strategic minority equity investments, equity private placements, consolidations and buildups, and growth capital financings. With offices in 19 countries, Carlyle can easily target opportunities throughout North America, Europe, Asia, Australia, the Middle East/North Africa and Latin America. Broad sectors of interest include aerospace, defense, automotive and transportation, consumer, retail, energy and power, financial services, healthcare, industrial, infrastructure, technology services, business services, telecommunications and media. The Carlyle Group was formed in 1987 and is based in Washington DC.


DEAL STATS #
Overall 649 of 749
Sector: Furniture M&A 1 of 1
Type: Stake Purchase M&A Deals 62 of 73
Country: China M&A 59 of 64
Year: 2019 M&A 14 of 28
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-18 Payzone UK

Cheshire, United Kingdom

Payzone UK Ltd. is the largest consumer payments network in the country with over 7,500 retail agents which process a variety of electronic transaction services, including mobile phone top-ups, debit/credit card transactions; M50 motorway toll payments; Leap travel cards, local property tax payments, parking fees, schools and clubs payment platform, pre-paid utility and parcel collection services.

Sell €100M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-08 AxleTech International Holdings

Oshkosh, Wisconsin, United States

AxleTech is a manufacturer and supplier of axles, axle components, planetary axles, brakes, and aftermarket parts for commercial specialty trucks, military vehicles, and off-highway machines used in construction, material handling, forestry, mining, and agricultural markets.

Sell $175M