Jiangsu Xinghe, Advised by Business Development Asia LLC ("BDA"), Secures Strategic Investment from Baird and Investor Growth Capital Asia

Share Article

Business Development Asia LLC ("BDA") client, Jiangsu Xinghe Group Co Ltd (“Xinghe Group”), has received new capital from Baird Capital Partners Asia (“BCPA”) and Investor Growth Capital Asia (“IGCA”) for subsidiary Xinghe Valve

Business Development Asia LLC ("BDA") acted as exclusive financial advisor to Jiangsu Xinghe Group Co Ltd (“Xinghe Group”), on its strategic partnership with Baird Capital Partners Asia (“BCPA”) and Investor Growth Capital Asia (“IGCA”). BCPA and IGCA have invested in instrumentation valve and fittings subsidiary Jiangsu Xinghe Valve Co Ltd (“Xinghe Valve”).

“We are excited to have Baird Capital Partners Asia and Investor Growth Capital Asia as partners as we continue to expand our operations and provide high quality products and service to our customers,” said Mr. Kuang Xihe, Chairman of Xinghe Group.

“Xinghe, under the strong leadership of its founder and Chairman Mr. Kuang Xihe, has built a track record of growth and profitability and a well known domestic brand. We are excited about the investment and the partnership with the Xinghe management and its shareholders. We look forward to working with Mr. Kuang and rest of the Xinghe management team to accelerate its growth and expand its market leadership.” said Huaming Gu, Partner of BCPA.

“This is a win-win partnership. It demonstrates BDA’s ability to source proprietary opportunities across its global network. BDA will continue to help high-quality, entrepreneurial companies in China find investors. We are confident in the future success of Xinghe with Baird and Investor AB on board.” said Mark Webster, Managing Director of BDA’s Shanghai office.

BDA acted as the exclusive financial advisor to Xinghe Group and its shareholders on the transaction.

BDA Transaction Team:
Andrew Huntley, Senior Managing Director, London
Mark Webster, Managing Director, Shanghai
Shan Yue, Assistant Director, Shanghai
Tanya Wang, Senior Associate, Shanghai
Xi Ba, Associate, Shanghai

About Jiangsu Xinghe Group Co Ltd
Jiangsu Xinghe Group is a private company engaged in the production of instrumentation valves, tube fittings, and plastic pipes. These products have applications in a wide variety of industries including nuclear power generation, oil & gas, chemical, ship building, municipal water and waste water transportation. Xinghe conducts its business through two distinct divisions, instrumentation valves and plastic pipes, which have separate manufacturing facilities in Yangzhong, Jiangsu Province. The Jiangsu Xinghe Valve Co Ltd subsidiary designs, produces and markets instrumentation valves and fittings for oil and gas, petrochemical, nuclear power plants, waste water and other process control applications. The company is a leading valve player in China and one of the few local companies qualified to supply into the nuclear power industry. For further information about Jiangsu Xinghe Group and its businesses, please visit http://www.xhchina.cn.

About Baird Capital Partners Asia
Baird Capital Partners Asia, the China-focused growth equity investment group of Baird Private Equity, provides growth equity capital to smaller, high-potential companies in China or with substantial operations and growth opportunities in China. Baird Capital Partners Asia invests in three industry sectors: manufacturing, business services and healthcare. For information, please visit http://www.bairdcapitalpartnersasia.com.
Baird Private Equity, the global private equity group of Robert W. Baird & Co. (Baird), makes venture capital, growth equity and buyout investments in smaller, high potential companies in the United States through Baird Venture Partners and Baird Capital Partners, in China through Baird Capital Partners Asia, and in Europe through Baird Capital Partners Europe. Baird Private Equity has a global team of investment and operations professionals across the United States, Europe and Asia, including a team of operating professionals in Asia. Baird Private Equity and its affiliates have raised and managed over $2.7 billion in capital and invested in more than 245 companies since the 1980s. For information, please visit http://www.bairdprivateequity.com.

About Investor Growth Capital Asia
Investor Growth Capital Asia invests in expansion-stage technology companies in IT, Software, Semiconductors, Internet/Media and Advanced Manufacturing operating within the Asian Region. With offices located in Hong Kong and Beijing, and six investment professionals manage approximately 20 portfolios consisting of companies within Asia, Investor Growth Capital Asia’s investment team seeks to increase the probability of success in portfolio companies by taking a leading role in developing corporate strategies and using the unique combination of Investor Growth Capital's and Investor AB’s global network. Investor Growth Capital Asia is a wholly-owned subsidiary of Investor AB. For information, please visit http://www.investorgrowthcapital.com and http://www.investorab.com.

About Business Development Asia
Business Development Asia LLC (“BDA”) is an investment banking firm that assists multinational clients to identify and execute M&A, restructuring and capital raising transactions, in Asia and internationally. The company is headquartered in New York with offices in London, Bahrain, Mumbai, Hong Kong, Shanghai, Seoul, and Tokyo. BDA employs 60 full-time professional staff across its eight offices, supplemented by a team of senior advisors. BDA clients include Areva, AXA Private Equity, Bain Capital, Clariant, Dupont, Ecolab, GTCR, Henkel, Johnson Controls, Molex, Pfizer, Kennametal, Nalco, Rexel, Reuters, Ryder, Sun Chemical/DIC, Tredegar, and WestLB. Further information on BDA is available at http://www.bdallc.com.

For information, please contact Euan Rellie in New York at +1-212-265-5300, Andrew Huntley in London at +44-20- 7182-4514 or Mark Webster in Shanghai at +86-21-5407-5580.

###

Share article on social media or email:

View article via:

Pdf Print

Contact Author

EUAN RELLIE
BDA
(212) 265-5300
Email >
Visit website