M&A Deal Summary

Warburg Pincus Acquires Leyou

On August 16, 2018, private equity firm Warburg Pincus acquired retailer Leyou from The Carlyle Group

Acquisition Highlights
  • This is Warburg Pincus’ 12th transaction in the Retail sector.
  • This is Warburg Pincus’ 61st transaction in China.

M&A Deal Summary

Date 2018-08-16
Target Leyou
Sector Retail
Buyer(s) Warburg Pincus
Sellers(s) The Carlyle Group
Deal Type Secondary Buyout
Advisor(s) BDA Partners (Financial)

Target

Leyou

Beijing, China
Leyou is a maternal and child retail industry. Leyou provides families aged 0-6 with safe and healthy maternal and child products, an extremely convenient shopping experience, and professional services that are friendly to customers with the original intention of "letting parents worry-free parenting and letting beauty accompany their children to grow up". Leyou was founded in 1999 and is based in Beijing, China.

Search 205,528 Deals Now

SEARCH BY

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

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Warburg Pincus

New York, New York, United States

Investor Investor Investor Investor


Category Private Equity Firm
Founded 1966
PE ASSETS 83.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Warburg Pincus is a mega-sized, global private equity firm focused on investment opportunities across North America, Asia, and Europe. Warburg will consider investing at various company stages, from early-stage opportunities to distressed situations. Warburg Pincus is organized by industry groups. Verticals include financial services, healthcare, technology, media & telecommunications, energy, consumer & industrial, and real estate. Within financial services, Warburg will consider asset/wealth managers, banks, exchanges, financial technology, insurance, transaction processing, private banking, and specialty/consumer finance. Within healthcare, specific areas of interest include medical devices, healthcare services, and biotech/pharmaceuticals. Within technology/media/communications, Warburg targets software, media/internet/information, financial technology, telecom, business services, and systems/semiconductors. Within energy, specific areas of interest include oil/gas exploration, power generation/transmission, and alternative energy. Warburg Pincus raised its first fund in 1966 and is based in New York City.


DEAL STATS #
Overall 382 of 485
Sector (Retail) 12 of 13
Type (Secondary Buyout) 47 of 65
Country (China) 61 of 67
Year (2018) 31 of 40
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-15 Cargomatic

Long Beach, California, United States

Cargomatic is a highly automated, touchless technology-enabled transportation provider focusing on the fragmented short-haul and drayage trucking markets. Through its mobile application, Cargomatic connects shippers, receivers and carriers and eliminates the volume of calls, emails and faxes traditionally needed to book a transaction. Cargomatic enables customers to track information in real-time, quickly access or list untapped trucking capacity within the market, improve service levels – including pick up time and delivery rates – and effectively manage outsourced vendors within one platform. Cargomatic was founded in 2013 and is based in Long Beach, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-20 Shanghai Baosteel Gases

Shanghai, China

Shanghai Baosteel Gases is an industrial gas service provider in China. Shanghai Baosteel Gases was founded in 2008 and is based in Shanghai, China.

Sell -

Seller(S) 1

SELLER

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 355 of 483
Sector (Retail) 6 of 8
Type (Secondary Buyout) 77 of 117
Country (China) 28 of 32
Year (2018) 12 of 15
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-01 Tessara

Cape Town, South Africa

Tessara is a manufacturer of sulfur dioxide sheets, which are used to preserve fresh produce during export. Its flagship product is Uvasys, a SO2-based sheet, primarily used to protect table grapes against Botrytis infection, which is responsible for almost 50% of all post-harvest agricultural loss. Uvasys also enhances transportation, export and storage of grapes. Tessara was founded in 1985 and is based in Cape Town, South Africa.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-22 One Medical

San Francisco, California, United States

One Medical is a membership-based reimagining primary care by improving the quality, service, and affordability of care through a technology-enabled model. The company provides service in nine metropolitan regions: Boston, Chicago, Los Angeles, New York, Phoenix, San Francisco, Seattle, San Diego and Washington, DC. In addition to its consumer membership model, more than 1,000 companies have added One Medical to their health benefits packages, giving employees unparalleled, integrated access to near-site primary care, 24/7 virtual care and even on-site care that helps them improve population health and decrease overall health care costs. Health systems are now also partnering with One Medical as they acknowledge the value of having high-quality longitudinal, preventative care in their networks. One Medical was founded in 2002 and is based in San Francisco, California.

Buy -