16 November 2015
Baring Asia Completes Deal to Acquire Orangefield
Baring Private Equity Asia (“Baring Asia”), one of Asia’s largest and most established independent private equity firms, following regulatory approvals has completed the deal to acquire Orangefield.
Advising funds that manage more than USD9 billion in committed capital, Baring Asia runs a pan‐Asian investment program, sponsoring management buyouts and providing growth capital to companies for expansion or acquisitions, making it a perfect partner to support and enhance Orangefield’s continued growth.
Commenting on the completion, Joep Bruins, CEO of Orangefield, said: “We are glad this deal is finalized, now we can focus on moving forward. We have been working hard in the past year to strengthen our service offering further, and with Baring Asia behind us Orangefield’s services can be brought to a new level.”
Jean Eric Salata, Founder and CEO of Baring Asia, added: “I couldn’t be happier about Orangefield officially joining our group. They are an organization of highly qualified professionals that always go the extra mile, and that is exactly the kind of team and energy that makes us excited about supporting their growth going forward.”
About Baring Private Equity Asia
Baring Private Equity Asia is one of the largest and most established independent private equity firms in Asia and advises funds that manage more than USD9 billion in committed capital. The firm runs a pan‐Asian investment program, sponsoring management buyouts and providing growth capital to companies for expansion or acquisitions. The firm has been investing in Asia since its formation in 1997 and has over 120 employees located across seven offices in Hong Kong, Shanghai, Beijing, Mumbai, Singapore, Jakarta and Tokyo. Baring Asia currently has over 30 portfolio companies across Asia with a total of 100,000 employees and sales of approximately USD30 billion in 2014.
For more information, please visit: www.bpeasia.com
Orangefield is an independent financial and administrative service provider with over 40 years of experience assisting international corporations and funds. We assist corporations with expanding into new and existing markets and provide hedge funds, private equity funds and real estate firms with superior financial and administrative support. Our services include setup, administration, compliance, and back-office management. Over 600 Orangefield professionals working in 21 countries around the world offer support in all major financial centers. With more than 40 years of experience, a wide range of services and one personal global contact for each client, we are the partner for international business.
For more information, please visit: www.orangefield.com
Baring Private Equity Asia
Richard Barton, Newgate Communications
Grace Zhang, Newgate Communications
Guido Wagenaar, Global Head Business Development
+31 20 5405889