Growth Capital • Real Estate

Warburg Pincus Invests In Weave Living

On November 12, 2018, private equity firm Warburg Pincus invested in real estate company Weave Living

Investment Context
  • This is Warburg Pincus’ 17th transaction in the Real Estate sector.
  • This is Warburg Pincus’ 63rd transaction in China.

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Investment Summary

Date November 12, 2018
Target Weave Living
Sector Real Estate
Investor(s) Warburg Pincus
Deal Type Growth Capital

Target Company

Weave Living

Hong Kong, China
Weave Living is a collaborative living company whose mission is to provide high quality, modern, comfortable and affordable living spaces for millennials and young professionals to create a home in key gateway cities across Asia Pacific. The company builds close-knit communities in a hassle-free living environment, where residents enrich lives by sharing experiences and inspiring each other to achieve their goals. Weave Living was founded in 2017 and is based in Hong Kong, China.
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Investor Overview 1

Investor

Warburg Pincus

New York, New York, United States

Investor 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 Context for Investor #
Overall 388 of 493
Sector: Real Estate 17 of 20
Type: Growth Capital 128 of 159
Country: China 63 of 68
Year: 2018 37 of 41
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-24 Airtel Africa

Nairobi, Kenya

Airtel Africa is a telecom company that provides voice, data and mobile money services across 14 countries in Sub-Saharan Africa. Airtel Africa was founded in 2010 and is based in Nairobi, Kenya.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-28 SBI General Insurance

Mumbai, India

SBI General Insurance is a non-life insurance company. It has a comprehensive and diversified non-life insurance product portfolio, including motor, fire, personal accident, health, and crop insurance. SBI General Insurance was founded in 2009 and is based in Mumbai, Maharashtra.

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