Actis Puts $168 Million into 7 Dasy Inn, Ambow Education
Filed in archive Private Equity by Greg Cruey on October 27, 2008
TRENDSnIFF reported Friday that UK private equity inverstor Actis is leading an investment push into two China companies: 7 Days Inn and Ambow Education.
Other investors involved in the two deals include Warburg Pincus. Actis and Warburg Pincus announced a US$65 million investment in China's 7 Days Inn Group earlier this month. Actis joins Warburg Pincus, Merrill Lynch, and Deutsche Bank as stake holders in Shenzhen-based 7 Days Inn. The company is the 5th biggest budget hotel chain in China.
Actis also joined existing investors Avenue and Macquarie Group in having a stake in Ambow Education. That investment deal totaled $103 million for the Beijing-based education company. In October 2007, Ambow raised $54 million venture capital from Avenue, CID Capital, Cisco Systems and Macquarie Group.
Photo courtesy of iStockphoto, David Pedre
Other investors involved in the two deals include Warburg Pincus. Actis and Warburg Pincus announced a US$65 million investment in China's 7 Days Inn Group earlier this month. Actis joins Warburg Pincus, Merrill Lynch, and Deutsche Bank as stake holders in Shenzhen-based 7 Days Inn. The company is the 5th biggest budget hotel chain in China.
Actis also joined existing investors Avenue and Macquarie Group in having a stake in Ambow Education. That investment deal totaled $103 million for the Beijing-based education company. In October 2007, Ambow raised $54 million venture capital from Avenue, CID Capital, Cisco Systems and Macquarie Group.
Photo courtesy of iStockphoto, David Pedre
Permalink: Actis Puts $168 Million into 7 Dasy Inn, Ambow Education
Tags:
Actis
Ambow
7
Days
Inn
china
private+equity
ambow+education
Trackback: http://www.creative-weblogging.com/cgi-bin/mt-tb.pl/137056
Mr Wong
| 
