M&A Deal Summary

Trustar Capital Acquires SKYFM

On April 16, 2018, private equity firm Trustar Capital acquired business services company SKYFM

Acquisition Highlights
  • This is Trustar Capital’s 4th transaction in the Business Services sector.
  • This is Trustar Capital’s 16th transaction in China.

M&A Deal Summary

Date 2018-04-16
Target SKYFM
Sector Business Services
Buyer(s) Trustar Capital
Deal Type Buyout (LBO, MBO, MBI)

Target

SKYFM

Shanghai, China
SKYFM is a facility management service provider in Eastern China serving MNCs and SOEs in various industries and public institutions. Company provides integrated facility management services, including security, cleaning, engineering maintenance, administration support and etc. SKYFM was founded in 2009 and is based in Shanghai, China.

Search 214,503 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Trustar Capital

Hong Kong, China

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1978
PE ASSETS 8.7B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Trustar Capital is the private equity arm of financial services/asset manager CITIC Group. Trustar Capital separates its private equity investment activity into three groups; China, Japan, and the US. In general, Trustar looks to invest in companies with 'strong franchises', with established brands and high barriers to entry. For US-based opportunities, the firm looks to leverage its connections in China. Broad areas of interest include niche manufacturing, consumer products, and business services. The Firm does not invest in start-ups or distressed businesses. Trustar Capital is based in Hong Kong.


DEAL STATS #
Overall 40 of 64
Sector: Business Services M&A 4 of 8
Type: Buyout (LBO, MBO, MBI) M&A Deals 17 of 24
Country: China M&A 16 of 31
Year: 2018 M&A 5 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-02-12 Euromoney Institutional Investor - Global Markets Intelligence Division

Hong Kong, China

Euromoney Institutional Investor PLC - Global Markets Intelligence Division is a provider of macro-economic, company and industry intelligence on emerging markets with a strong customer presence in China, India, Brazil and Central and Eastern Europe, as well as in developed markets. Euromoney Institutional Investor PLC - Global Markets Intelligence Division is based in Hong Kong, China.

Buy $181M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-18 Trilogy Natural Products

Auckland, New Zealand

Trilogy Natural Products is a manufacturer and supplier of skincare products and scented candle. Trilogy Natural Products was founded in 1998 and is based in Auckland, New Zealand.

Buy -