BDA Advises Vinh Hoan Corp on the Sale of Vinh Hoan Feed to Pilmico Foods
Business Development Asia (“BDA”) is pleased to announce that its client Vinh Hoan Corporation (“VHC”) has signed an agreement with Pilmico Foods Corporation (“Pilmico”) for the sale of Vinh Hoan 1 Feed JSC (“VHF”). VHF is the fourth largest aqua feed... - June 20, 2014
BDA Advises CSLi on Acquisition of Controlling Stake in Systran S.A.
Business Development Asia ("BDA") is pleased to announce that its client CSLi Co, Ltd (“CSLi”), has acquired a 38.04% stake in Systran SA (“Systran”). CSLi is a Korean provider of language translation software best known for its S-Translator, a translator... - May 27, 2014
BDA Advises on Sale of MMI’s Oil & Gas Precision Parts Business to Wayne Burt Group
Business Development Asia ("BDA") is pleased to announce that its client, MMI Holdings Ltd (“MMI"), has sold its oil & gas precision manufacturing business in Woodlands, Singapore ("MMI Woodlands") to Wayne Burt Group ("Wayne Burt"). MMI is one of the... - May 16, 2014
BDA Wins M&A Advisor Awards
Business Development Asia LLC (“BDA”) is pleased to have won several prestigious industry awards already in 2014. Notably: BDA won two awards at the 6th Annual International M&A Advisor Awards: - International M&A Deal of the Year for the Sale of AgFeed Industries Inc (BVI) to... - April 08, 2014
BDA Advises on Sale of Majority Stakes in ENCO and TSM to KDB Daewoo Securities
Business Development Asia (“BDA”) is pleased to announce that its clients, ENCO Co Ltd (“ENCO”) and TSM Co Ltd (“TSM”), have both sold majority stakes to KDB Daewoo Securities. ENCO and TSM are the leading Korean urban mining companies, sourcing and recycling... - March 15, 2014
BDA Advises on Sale of Majority Stake in Amazon Papyrus Chemicals Group to Navis Capital Partners
Business Development Asia (“BDA”) is pleased to announce that its client, Amazon Papyrus Chemicals Group (“Amazon”), a leading paper and pulp process chemical solutions provider in Asia, has sold a significant equity interest to Navis Capital Partners (“Navis”),... - February 11, 2014
BDA Advises Hercules Tire in Its Sale to American Tire Distributors
Business Development Asia (“BDA”) is pleased to announce that American Tire Distributors Holdings, Inc. (“ATD”), owned by TPG Capital, has acquired Hercules Tire & Rubber Co. (“Hercules Tire”), owned by FdG Associates. BDA and BlackArch Partners acted as... - February 01, 2014
BDA Advises AgFeed on Divestiture of US and China Operations
Business Development Asia ("BDA") is pleased to announce that its client, AgFeed Industries Inc. ("AgFeed"), has closed the sale of the outstanding capital stock of AgFeed Industries Inc. (British Virgin Islands), the holding company for AgFeed's Chinese subsidiaries... - December 11, 2013
BDA Advises LDC on Sale of JCC Lighting to Leviton Manufacturing
Business Development Asia ("BDA") is pleased to announce that its client, LDC, the leading UK mid-market private equity house, has sold portfolio company, JCC Lighting. BDA advised on the transaction, with support from its partner William Blair & Co. The buyer is Leviton Manufacturing... - October 29, 2013
BDA Named Boutique Investment Bank of the Year 2013 at M&A Atlas Awards
Business Development Asia LLC (“BDA”) won two awards at the 2013 Americas M&A Atlas Awards, held by the Global M&A Network: • “Boutique Investment Bank of the Year” • “Manufacturing & Services Deal of the Year (under $250m)” for the... - October 26, 2013
BDA Advises Norwest Equity Partners on Sale of Longwood to Wabtec
Business Development Asia (“BDA”) is pleased to announce that, with its strategic partner William Blair & Company, BDA advised Longwood Industries, Inc. (“Longwood”), a portfolio company of Norwest Equity Partners (“NEP”), in the sale of Longwood to... - October 15, 2013
BDA Managing Director Justine Mannering Wins “40 Under 40” Award
BDA is pleased to announce that Justine Mannering, BDA Managing Director in New York, was named one of The M&A Advisor’s 2013 “40 Under 40”, for achieving significant success in the M&A industry while under the age of 40. Justine was chosen by an independent board of... - October 11, 2013
BDA Advises AGY on Sale of Its CFM Business to Stonewood Capital
BDA is pleased to announce that its client AGY Holding Corp. (“AGY”) entered into an agreement to sell 100% of the assets in AGY Huntingdon, LLC to Huntingdon Acquisition Co., LLC, an entity established for this purpose by Stonewood Capital Management, Inc. (“Stonewood... - September 21, 2013
Sumit Ganguly Joins BDA as Managing Director and Head of Mumbai
Sumit Ganguly has joined Business Development Asia LLC (“BDA”) as Managing Director and Head of BDA’s Mumbai office. This is a significant step to bolster BDA’s strong team in India, and to deepen the firm’s unparalleled pan-Asian line-up of top investment... - August 20, 2013
BDA and BOCOM Announce Strategic Partnership for Crossborder M&A Involving China
Business Development Asia LLC (“BDA”) and Bank of Communications Ltd (“BOCOM”) have entered into a strategic partnership agreement to co-operate on cross-border M&A transactions involving Chinese companies. This agreement will offer BOCOM enhanced access to BDA's global... - August 08, 2013
BDA Promotes Justine Mannering and Taylor Whitman
BDA is pleased to announce the following promotions as of 1st July, 2013: - Justine Mannering to Managing Director - Taylor Whitman to Director Euan Rellie, Senior Managing Director, said, “Justine and Taylor have both been successful in originating and executing transactions in New York... - July 16, 2013
BDA Advises AGY on Sale of Its Chinese Operations to CPIC
BDA is pleased to announce that its client AGY Hong Kong Ltd, a majority-held subsidiary of AGY Holding Corp (“AGY”), has agreed to sell its 100% equity interest in AGY Shanghai Co Ltd to Chongqing Polycomp International Corp (“CPIC”). The value of the transaction, including... - June 17, 2013
BDA Wins Two Awards at The 5th Annual International M&A Advisor Awards
Business Development Asia LLC (“BDA”) won two awards at the 2013 Cross Border M&A Advisor Summit held by the M&A Advisor in New York: · “Corporate and Strategic Acquisition of the Year ($100m to $500m)” for its work on the sale of Shanghai Elsker by Edmund de... - May 17, 2013
BDA Advises AXA Private Equity and Other Shareholders on Divestment of Aixam Mega to Polaris
BDA is pleased to announce that, along with its co-advisor in France, Easton Corporate Finance, it has advised Aixam Mega’s shareholders, including the majority shareholder AXA Private Equity, on the disposal of Aixam Mega Group, the European leader in the light quadricycle market, to Polaris... - April 17, 2013
BDA Upgrades Offices in Beijing, Mumbai, and Tokyo
Business Development Asia LLC ("BDA") has begun 2013 strongly, after a record 2012. They continue to build our operations across Asia. As part of this process, they are pleased to announce upgraded offices in Beijing, Mumbai, and Tokyo. Their new office in Beijing is located at: 11th... - April 03, 2013
BDA Advises Bavaria Industriekapital AG on Sale of Kienle+Spiess GmbH to Sumitomo Corporation
BDA advises on divestment of motor components business in Europe. - March 21, 2013
BDA Advises on Divestment of Shanghai Elsker to J&J
Top ranked, fast growing Chinese consumer brand sold to global leader; Secures highly successful exit for founder and private equity backers. - January 26, 2013
BDA Advises on Divestment of Printronix to Corona Investment Partners
Business Development Asia LLC ("BDA") is pleased to report that its client, Printronix, Inc. ("Printronix"), the global leader in line-matrix and thermal printing solutions, has been acquired by Corona Investment Partners, led by Daniel Allen. BDA acted as joint financial... - January 15, 2013
BDA Advises on the Transaction Between Bohemia Interactive Simulations and the Riverside Company
Business Development Asia LLC (“BDA”) is pleased to announce that its client Bohemia Interactive Simulations s.r.o. (“BISim” or “Bohemia”) has partnered with the private equity firm The Riverside Company (“Riverside”), which has made a significant... - January 08, 2013
BDA Advises Minor International on Acquisition of Riverside Casual Dining Chain in China
Strong-performing, US$2.4bn Thailand-based hospitality group extends China reach; Ambitious cross-border restaurant transaction initiated by BDA - December 28, 2012
BDA Named Investment Banking Firm of the Year, 2012
Business Development Asia LLC (“BDA”) has been named “Investment Banking Firm of the Year” by The M&A Advisor. BDA won the same award in 2010. The M&A Advisor Awards and Summit is one of the most authoritative annual investment banking events. It celebrates the... - December 14, 2012
BDA Wins Two Awards at The Asia Pacific M&A Atlas Awards
Business Development Asia LLC (“BDA”) has won two more industry awards at the Asia Pacific M&A Atlas Awards held by the Global M&A Network in Hong Kong. BDA was awarded “Boutique M&A Investment Bank of the Year” and “Cross Border M&A Deal of the... - November 21, 2012
BDA Advises Sofipa on Sale of Kiian SpA
Business Development Asia LLC (“BDA”) is pleased to announce that its client, Sofipa SGR SpA (“Sofipa”), on behalf of the closed end fund Sofipa Equity Fund (“SEF”), has agreed to sell its 100% stake in Kiian SpA (“Kiian”) to Wise SGR SpA... - November 14, 2012
Toyoaki Nakayama Joins BDA as a Director in Tokyo
Experienced M&A banker Toyoaki Nakayama has joined BDA as a Director, based in Tokyo, Japan. Mr. Nakayama is a leading M&A practitioner with 18 years’ experience advising on domestic and cross-border M&A. He brings a deep knowledge of key sectors in Japan including building... - November 09, 2012
BDA Advises Larsen MacColl Partners on Sale of S&S Worldwide Inc
BDA is pleased to announce that its client, Larsen MacColl Partners, a private equity fund based in Philadelphia, PA, has sold a majority stake in its portfolio company, S&S Worldwide Inc (“S&S”), one of the leading amusement ride and roller coaster manufacturers in the world. - November 07, 2012
BDA Advises ICICI Venture on Sale of Radiant Research to Kinderhook's CRA
Business Development Asia LLC ("BDA") is pleased to report that its client Radiant Research, Inc. (“Radiant”) has been acquired by CRA Holdings, Inc (“CRA”), a portfolio company of New York-based private equity firm Kinderhook Industries, LLC... - October 22, 2012
BDA Wins Three Awards at The International M&A Advisor Awards
Business Development Asia LLC ("BDA") won three awards from The M&A Advisor, more than any other company. BDA won the “Industrial Manufacturing and Distribution Deal of the Year” for its work on The Weir Group’s acquisition of HIM Tech’s valves business in... - October 17, 2012
BDA Advises Tata Motors European Technical Centre on Transaction with Electrovaya Inc
Electrovaya Inc. (TSX: EFL) has announced that it has acquired 71.6% of the shares of Miljøbil Grenland AS (MBG), bringing Electrovaya’s shareholding to 78.1% of MBG. MBG is based in Porsgrunn, Norway. BDA acted as exclusive financial advisor to the seller, TATA Motors European... - September 12, 2012
BDA Advises the Crossbow Group on Divestment of D&H Manufacturing to Celestica Inc.
Business Development Asia LLC ("BDA") is pleased to report that its client, The Crossbow Group ("Crossbow"), a California-based private equity firm has divested its portfolio company, D&H Manufacturing Company (“D&H”), to Celestica Inc., a global leader in... - September 11, 2012
BDA Advises on Five Cross-Border Deals in One Week
Business Development Asia (“BDA”) advises clients on five cross-border transactions signed or announced last week, involving companies from China, India, Japan and Korea, as well as Europe and the US. Transactions included: · Advised Larsen &Toubro (India) on the divestment... - September 07, 2012
BDA Advises Totoku Electric on Joint Venture with Belton Technology Group in Hard Disk Drive Components
Business Development Asia LLC ("BDA") is pleased to announce that its client, Totoku Electric Co., Ltd. (“Totoku”) has executed a definitive transaction agreement with Hong Kong-based Belton Technology Group ("Belton") to form a joint venture, BELTONTOTOKU Technology... - September 05, 2012
BDA Advised MKS Instruments on Acquisition of Plasmart, a Korean Plasma Technology Solution Provider
Business Development Asia LLC (“BDA”) is pleased to announce that its client, MKS Instruments, Inc. (Nasdaq: MKSI), a global provider of technologies that enable advanced processes and improve productivity, acquired Plasmart, Inc. of Daejeon, Korea in a cash transaction closed on August... - September 03, 2012
BDA Advises Larsen & Toubro on the Divestment of L&T Plastics Machinery to Toshiba Machine Co.
Business Development Asia LLC ("BDA") is pleased to report that its client, Larsen & Toubro Ltd (“L&T”), a diversified, publicly traded Indian engineering group, has entered into an agreement with Japan-based Toshiba Machine Co., Ltd (“TMC”) to divest its... - August 27, 2012
BDA Advises on the Sale of KDM to Superior Capital Partners
CoActive Technologies, the global industrial controls and components company, has successfully divested its interface solutions business KDM to Superior Capital Partners LLC (“Superior”), a Detroit-based private equity firm. Superior has acquired KDM as an add-on acquisition to its... - May 05, 2012
BDA Advises on the Sale of Sichuan Zhiqiang Food to Lunar Capital
Lunar Capital (“Lunar”), a China-focused private equity group, has acquired 60% of Sichuan Zhiqiang Food Co Ltd (“Zhiqiang” or “Joysun”), a leading instant walnut beverage manufacturer in China. The original management team of Zhiqiang will continue to hold the... - March 27, 2012
BDA Advises General Bearing Corporation on Divestment to SKF
Business Development Asia LLC is pleased to report that its client, General Bearing Corporation, will be acquired by SKF. GBC announced the signing of an agreement whereby SKF, a Swedish company, will acquire GBC and its subsidiaries, including the interests in its four manufacturing sites in China. - February 17, 2012
BDA and William Blair Announce Global Strategic Alliance
Business Development Asia LLC (BDA) and William Blair & Company today announced a global strategic alliance. William Blair has completed a growth capital investment in BDA, acquiring approximately 10% of BDA’s equity. Additional financial terms have not been disclosed. With this... - October 21, 2011
BDA Advises Materion on Acquisition of EIS Optics in China
Business Development Asia LLC ("BDA") is pleased to announce that its client, Materion Corporation (NYSE: MTRN; "Materion"), one of the world’s premier advanced materials companies, has acquired EIS Optics Limited from a group of financial investors including Fleming... - October 21, 2011
BDA Advises The Weir Group PLC on the Acquisition of the Valves Business of HIM Tech, Korea
BDA acted as exclusive financial advisor to Weir on this acquisition in Korea. It is BDA’s second transaction for Weir within 12 months. BDA also advised Weir on the acquisition of BDK in India in 2010. - June 24, 2011
BDA Advises Jiangsu Xinghe on Securing Strategic Investment from Baird and Investor Growth Capital Asia
Jiangsu Xinghe Group, advised by BDA, has entered into a strategic partnership with Baird Capital Partners Asia (“BCPA”) and Investor Growth Capital Asia (“IGCA”) for Jiangsu Xinghe Valve Co Ltd (“Xinghe Valve”) - June 07, 2011
BDA Advises Trivium Technologies on the Sale of the Brilliant Film IP Portfolio to N&F, Korea
Business Development Asia LLC ("BDA") has advised Trivium Technologies (“Trivium”), a Cleveland, Ohio-based display technology company, on the sale of its intellectual property (“IP”) portfolio of BRILLIANT Film, the company’s brightness enhancement film, to... - November 05, 2010
BDA Advises Cookson on the Divestment of Its Semiconductor Encapsulation Materials Business to Panasonic
Business Development Asia LLC ("BDA") is pleased to announce that its client, The Cookson Group plc, has agreed to divest its semiconductor encapsulation materials business to Panasonic Electric Works Electronic Materials Singapore Pte. Ltd, a newly established subsidiary of Panasonic... - November 04, 2010
BDA Advises Pfizer on Divestment of Animal Vaccine Business in China to Harbin Pharmaceutical
Pfizer Inc (NYSE: PFE), advised by Business Development Asia LLC, has sold its market-leading swine vaccine business in China to Harbin Pharmaceutical Group. - May 29, 2010
BDA Advises Rexel on Divestment of Asian Luxury Goods Business, HCL Asia
Business Development Asia LLC advised Rexel on the sale of HCL Asia, a luxury wholesaler, retailer and duty-free agent, to the DKSH Group, a privately held Swiss company and the leading Market Expansion Services provider focused on Asia. - March 09, 2010
Business Development Asia LLC Promotes Staff in Hong Kong, Mumbai, New York, Seoul and Shanghai
BDA has promoted bankers across the firm, as the crossborder M&A markets recover sharply - February 11, 2010