cvn

Actis Puts $168 Million into 7 Dasy Inn, Ambow Education

Filed in archive Private Equity 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.

Tourists on China's Great Wall
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 

Vote for Actis Puts $168 Million into 7 Dasy Inn, Ambow Education:

  • Currently 10.00/10
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
Rating: 10.00 out of 2 vote(s) cast.
 
Share It
RSSrss
Google google
Yahoo! yahoo
Addthis Subscribe using any feed reader!
Bloglines Bloglines
TwitterFollow us on Twitter!
Most Popular   Agreement   Best of   Blogs   Book review   Commodities   Conferences   Did you know   Entrepreneurship   Incubators and Science Parks   Information Sources   Innovation   Internet   IPOs   Law   M&A   Mergers and Acquisitions   Misc   News   Outsourcing   Policy