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Investment Summary

Warburg Pincus Invests In Souche

On November 2, 2017, private equity firm Warburg Pincus invested in internet software and services company Souche

Investment Highlights
  • This is Warburg Pincus’ 25th transaction in the Internet Software and Services sector.
  • This is Warburg Pincus’ 52nd transaction in China.

Investment Summary
Date 2017-11-02
Target Souche
Sector Internet Software and Services
Investor(s) Warburg Pincus
Deal Type Venture

Target

Souche

Hangzhou, China
Souche is an online automobile transaction platform in China. The company provides one-stop solutions to second-hand car dealers/buyers, such as SaaS solutions, data, transaction services, and financial services. Souche was founded in 2012 and is based in Hangzhou, China.

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Investor(S) 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 STATS #
Overall 347 of 492
Sector: Internet Software and Services M&A 25 of 37
Type: Venture M&A Deals 48 of 70
Country: China M&A 52 of 68
Year: 2017 M&A 24 of 28
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-26 Vincom Retail

Ha Noi, Vietnam

Vincom Retail runs a wide variety of business lines, including a comprehensive operation in the real estate field, consisting of commercial and leisure property in prime locations throughout Vietnam.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-06 Cyren

Herzliya, Israel

Cyren is a provider of cloud internet security solutions to protect them against cyber attacks and data loss every day. Cyren was founded in 1991 and is headquartered in Herzliya, Israel.

Buy -
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