
Karen Cheung
Managing Director
Hong Kong
Karen Cheung is a Managing Director based in Hong Kong. She joined BDA in 2012 covering Greater China and SE Asia. She has advised on cross-border sell-side, buy-side and capital raising for both private equity and corporate clients across a number of industries including retail and consumer, food & beverage, healthcare, industrial and chemicals.
Transactions she has advised on include the sale of Navis Capital’s portfolio KFC franchise in HK and Macau, the sale of Navis Capital’s investment in Hui Lau Shan dessert chain in Greater China and SE Asia, the capital raising for N Kid Corporation in Vietnam from Standard Chartered Private Equity and SunGard’s divestment of its Singapore-based retail banking business to Silverlake Axis Ltd. Previously Ms. Cheung has worked in PwC Transactions Services and Ernst & Young in both Hong Kong and Canada. She qualified as a Chartered Accountant with the Canadian Institute of Chartered Accountants and has a BA in Commerce from the University of Toronto. Ms. Cheung is fluent in English, Mandarin and Cantonese.
Recent transactions
Acquired by Reliance Retail
2022
Sold minority stake to Quadria Capital
2022
Divested ASG Print to GPA Global and EQT
2021
Strategic partnership in China and investment by EverYi Capital
2020
Divested a 70% stake to Affirma/SCPE
2019
Divested majority stake to The Longreach Group
2019
Divested Alliance Cosmetics Group to Mandom
2018
Divested Chinese RTW business to a Hong Kong-based investor
2018
Divested Gourmet Noodle House to GreenTree Inns
2018
Divested Harrys of London to Charles Cohen
2017
Divested Happy Socks to Palamon
2017
Divested Theodore Alexander to Creative Home Furniture
2016
Raised growth capital from Standard Chartered Private Equity
2016
Divested Facade Access Holdings to Alimak Group
2016
Agreed to Divest Tri-Wall Holdings to Rengo
2016
Divested Chinese dessert restaurant chain
2016
Divested Singapore-based Retail Banking business
2015
Divested a majority stake to Navis Capital Partners
2014
Divested JCC Lighting to Leviton
2013