2008-06-04-投中研究院-ChinaVenture_2008年5月中国私募股权投资市场_8页_345kb

Summary of 2008 China Private Equity Market Report - May 2008

Market Overview:
In May 2008, China's private equity market saw 7 investment deals with total investment of $608 million, marking a 30% decrease in deals compared to the previous month but a 23.9% increase in investment value due to larger average deal size of $86.85 million per transaction.

Industry Breakdown by Investment:

• Energy and mining led investments with $269 million (43.9% of total), followed by food and beverage with $155 million (26.0%) and IT with $141 million (23.1%). IT had the most deals (3) but was surpassed in value by other sectors.
• Food and beverage showed the highest average deal size at $77.43 million, while IT and finance had lower averages.

Investment Type Analysis:

• Growth capital accounted for 5 deals and $453 million (74.6% of total), whereas buyout deals totaled 2 with $155 million, executed by Zhongxin Capital in food and dairy.

Regional Distribution:

• Shanghai and Beijing each had 2 deals, with Shanghai investing $116 million and Beijing $111 million, making them the top regions by investment value. Other regions like Hunan and Inner Mongolia contributed smaller amounts.

Key Deals and Insights:

• A significant deal involved Zhongxin Capital acquiring the "Nanshan" milk powder business for 1.55 billion yuan, highlighting consolidation in the food industry.
• The market showed varying performance across industries and regions, with technology and energy receiving attention.

This report highlights ChinaVenture's role in providing market data and analysis, based on their investment database covering global VC/PE activities.