April 7, 2014
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 Ningbo Tech Bank (China)
– Agricultural Deal of the Year for the Sale of AgFeed Industries Inc (BVI) to Ningbo Tech Bank (China)
BDA also won an award at the 8th Annual M&A Advisor Turnaround Awards for:
– Section 363 Sale of the Year for the Sale of AgFeed USA to Smithfield/Murphy Brown and TriOak Foods
With 17 years of cross-border transaction experience, BDA is routinely recognized as being at the forefront of Asia-US and Asia-Europe transactions. BDA is seeing increasing outbound M&A from Asia. We believe that this trend will accelerate over the coming years.
BDA acted as exclusive financial advisor on the AgFeed China divestiture process and BDA Advisors, BDA’s FINRA-registered broker-dealer arm, acted as exclusive financial advisor on the sale of AgFeed USA. In both transactions, BDA identified and approached the optimal buyers. BDA worked closely on the transactions alongside other industry-leading professionals including Keith Maib at Mackinac Partners, Selig Sacks at Foley & Lardner LLP, and Bob Brady at Young Conaway Stargatt & Taylor LLP.
BDA’s AgFeed team was led by Euan Rellie and Justine Mannering, with Ranga Covindassamy and Doreen Dong, in New York, and by Kent Ng, with Lilian Gu and Andy Chen, in Shanghai.
Euan Rellie, Co-Founder and Senior Managing Director at BDA, said, “We’re delighted to be recognized for our role on these transactions. They show BDA’s unparalleled ability to close domestic and cross-border deals in China and the USA. We’ve worked hard since 1996 to build a pre-eminent M&A and Corporate Restructuring firm worldwide. We’re grateful to the teams at Mackinac Partners, Foley & Lardner, and Young Conaway, who worked effectively to execute complex transactions involving some of the world’s leading agribusiness companies.”
Business Development Asia LLC (“BDA”) is a leader in cross-border investment banking. BDA advises on M&A, capital raising, and restructuring. BDA has been consistently owned and managed by the same team since 1996. BDA has a track record of providing independent advice to blue-chip corporate and financial sponsor clients from North America, Europe and Asia. BDA was named M&A Advisory Firm of the Year at The ACG Champion’s Awards in 2014. BDA is headquartered in New York with offices in London, Bahrain, Mumbai, Ho Chi Minh City, Hong Kong, Shanghai, Beijing, Seoul and Tokyo. BDA formed a partnership with William Blair & Company in 2011. BDA carries out its US securities business through BDA Advisors Inc., a broker-dealer registered with the US Securities and Exchange Commission (SEC) and a member of FINRA and SIPC. www.bdapartners.com
For more information, please contact Euan Rellie or Justine Mannering in New York on +1 212 265 5300, or Kent Ng in Shanghai on +86 21 5407 5580.