Business Development Asia LLC (“BDA”) is pleased to have won the following awards, in addition to various awards won earlier in the year.
· Acquisition of the Year for the acquisition of Vinh Hoan Feed (Vietnam) by Pilmico (Philippines), at the Vietnam M&A Forum
· Deal of the Year (small and mid-cap) for advising, with our partner William Blair, on the sale of CoActive Technologies’ DeltaTech Controls Unit to Sensata Technologies, at the M&A Atlas Awards
· Technology, Media, Telecom Deal of the Year (under US$100m) for the acquisition of a controlling stake in Systran SA (France) by CSLi (Korea), at the M&A Advisor Dealmakers Awards
Euan Rellie, BDA Co-Founder and Senior Managing Director, was also named North American Investment Banker of the Year and one of the Top 50 Global M&A Dealmakers by the Global M&A Network.
Euan Rellie said, “2014 has been a record year for BDA, again, but we feel as if we’re just getting started. Asia will continue to become more important in the global economy. This represents an opportunity for significant future growth for BDA. We couldn’t hope for a better partner than William Blair. As always, we’re grateful to our clients, to our staff, and to the other professionals with whom we work.”
With 18 years of consistent management and 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.
Acquisition of Vinh Hoan Feed (Vietnam) by Pilmico (Philippines)
BDA acted as advisor to funds advised by VinaCapital and Duxton Asset Management on the sale of a 36% stake in An Giang Plant Protection (“AGPPS”) to Standard Chartered Private Equity. AGPPS is Vietnam’s largest distributor of plant protection chemicals, and the largest distributor of rice seeds. It is also building a presence in rice aggregation and processing. The transaction is among the largest PE exits via a secondary sale in Vietnam to date. BDA Hong Kong and BDA Ho Chi Minh City advised on this transaction.
Acquisition of CoActive Technologies’ DeltaTech Controls Unit (US) by Sensata Technologies (Netherlands/US)
BDA and its partner William Blair acted as exclusive financial advisors to CoActive, a portfolio company of Littlejohn & Co. and CITIC Capital Partners (China), in connection with the sale of CoActive’s business unit DeltaTech Controls, to Sensata Technologies. DeltaTech Controls is a global leader in customized electronic operator controls, based on magnetic position sensing technology, for the construction, agriculture and other industries. The transaction illustrates BDA and William Blair’s deep and successful partnership, and global reach, with proven ability to deliver strong outcomes on complex transactions. BDA Shanghai and BDA New York advised on this transaction.
Acquisition of a controlling stake in Systran SA (France) by CSLi (Korea)
BDA and Aforge Degroof jointly acted as financial advisors to CSLi (Korea). BDA led the strategic and M&A aspects of the transaction, and Aforge Degroof handled the French public market aspects, liaising with the AMF and acting as presenting bank. CSLi (Korea) was advised by Herbert Smith Freehills on legal matters. The acquisition marked the first-ever takeover of a French publicly traded company by a Korean company. Prior to the completion of the acquisition, BDA Seoul and BDA London advised on this transaction.
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. BDA’s UK subsidiary is authorised and regulated by the Financial Conduct Authority (FCA). www.bdapartners.com
For more information, please contact Charles Maynard in Beijing on +86 10 5737 9028, Andrew Huntley in London on +(44) 20 7182 4518, or Euan Rellie in New York on +1 212 265 5300.