2017 12月 4
BDA advises FIS on sale of Kingstar to Zhongping Capital
Divested Kingstar to Zhongping Capital
BDA is pleased to announce that it was the exclusive financial advisor to FIS, a leading global financial software company, in the company’s transaction to sell its Chinese financial software subsidiary, SunGard Kingstar Data System (China), to Zhongping Capital. Zhongping is a leading alternative asset manager in China with over RMB30bn of assets under management. The transaction was signed Nov. 13 and is anticipated to close in the first quarter of 2018.
Simon Kavanagh, Managing Director, BDA Hong Kong said, “We’re delighted to have advised FIS on this competitive sale process. This is BDA’s fourth fintech transaction in the past 24 months, following on from successful sale processes for Thomson Reuters, VNPT ePay and Sungard. It reaffirms BDA’s position as one of Asia’s leading M&A advisors in the fintech sector, and continues our successful track record advising on MNC carve outs.”
FIS is a global leader in financial services technology, with a focus on retail and institutional banking, payments, asset and wealth management, risk and compliance, and outsourcing solutions. Through the depth and breadth of its solutions portfolio, global capabilities and domain expertise, FIS serves more than 20,000 clients in 130 countries. Headquartered in Jacksonville, Florida, FIS employs 53,000 people worldwide and holds leadership positions in payment processing, financial software and banking solutions. Providing software, services and outsourcing of the technology that empowers the financial world, FIS is a Fortune 500 company and is a member of Standard & Poor’s 500® Index. www.fisglobal.com
About Zhongping Capital
Zhongping Capital is a leading alternative asset manager in China with RMB30bn assets under management. Investing across finance services, TMT, healthcare, environmental services, new energy, and Industry 4.0, Zhongping aims to create long-term value for its investors by adopting a patient “buy-and-hold” investment approach and helping its portfolio companies achieve their full potential with implementation of growth and best-practice operational strategies. Zhongping Capital‘s vision is to create value for its investors, promote a prosperous society, provide professional development opportunities to its employees, and propel the economic growth of China. www.zhongpingcapital.com
BDA Partners is a leader in cross-border investment banking involving Asia. BDA advises on M&A and capital raising. 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 is headquartered in New York with offices in London, Dubai, Mumbai, Ho Chi Minh City, Singapore, Hong Kong, Shanghai, Seoul, and Tokyo. BDA formed partnerships with William Blair & Company in 2011 and Development Bank of Japan in 2017. www.bdapartners.com
US securities transactions are performed by BDA Partners’ affiliate, BDA Advisors Inc, a broker-dealer registered with the Securities and Exchange Commission (SEC). BDA Advisors Inc. is a member of the Financial Industry Regulatory Authority (FINRA) and SIPC. In the UK, BDA Partners is authorised and regulated by the Financial Conduct Authority (FCA). In Hong Kong, BDA Partners (HK) Ltd is licensed and regulated by the Securities & Futures Commission (SFC) to conduct Type 1 and Type 4 regulated activities to professional investors.
Acquired by NTT Communications
Investcorp invested up to $250m in China Everbright New Economy Fund
Divested Leyou to Warburg Pincus
Divested Apple World to ZIGExN
Growth capital raise
Divested its 48.08% equity stake in Netas to ZTE
Divested VNPT ePay to UTC Investment
Divested AFE Solutions to N2N Connect
Divested Adweek to Beringer Capital
Divested Yuanyu Radio Advertising to Management / Orient Securities
Divested Singapore-based Retail Banking business
Acquried a controlling stake in Systran S.A.
Divested significant equity stake to The Riverside Company
Divested medical supply business to Halma in the UK
Divested Brilliam Film IP portfolio N&F, Korea
Formed 50/50 power transformer JV with Shanghai Electric in China
Acquired Zhenjing Tean in China
Divested stake in Tokyo Stock Exchange to Tokyo Syoken Shinyoukumiai
Acquired FlexTech Inc in Taiwan
Divested 100% of Detector Technology Ltd.