28 October 2015
BDA advises PE consortium on sale of Yuanyu Radio Advertising
Divested Yuanyu Radio Advertising to Management / Orient Securities
BDA Partners is pleased to announce that its client, a collective of private equity funds (Investor Group, Riverland, CIR) together with additional early-stage investors, has completed the sale of Yuanyu Radio Advertising to its own management team supported by Orient Securities.
Headquartered in Shanghai, Yuanyu Radio Advertising is China’s leading radio advertising agency, providing a full range of advertisement planning, production, placement, and market intelligence services to 4A advertising agencies as well as global and domestic brands.
The Company broadcasts its advertisements on 2,000+ channels across the country, reaching 1.1bn listeners, and has also created the largest captive radio network in China through exclusive arrangements with 120+ leading radio channels.
Mark Webster, Managing Director at BDA Partners, said “We’re pleased to have advised the shareholders of Yuanyu Radio Advertising on this successful transaction. This builds our track record in Asia’s dynamic TMT sector and also demonstrates BDA’s capabilities in advising on management buyout situations and delivering positive exits for private equity clients.”
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.
Divested CSS Corp
Divested majority stake to Cognizant
Divested Hyosung Capital to ST Leaders Private Equity
Acquired EMC Holdings from Affirma Capital
Acquired by NTT Communications
Acquired by The Blackstone Group
Investcorp invested up to $250m in China Everbright New Economy Fund
Divested Apple World to ZIGExN
Divested Kingstar to Zhongping Capital
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 equity stake in Xinbang Logistics to HCT Logistics
Divested Adweek to Beringer Capital
Divested Kolon Water & Energy to SCPE
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