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.
Photo courtesy of iStockphoto, David Pedre
Tags: Actis Ambow 7 Days Inn china private+equity ambow+education
Vote for Actis Puts $168 Million into 7 Dasy Inn, Ambow Education:
|
Rating: 10.00 out of 2 vote(s) cast.
|
| RSS |  |
 | |
| Yahoo! |
|
| Addthis |
|
| Bloglines |
|
| Follow 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