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Private Equity
fountainvest.com

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Investments

26

Portfolio Exits

9

Funds

8

About FountainVest Partners

FountainVest Partners is one of the largest private equity funds dedicated to China. Many globally renowned institutional investors have entrusted us with their capital. Alignment of interest is one of its key business principals and we back our investments with its own capital to align one interest with those of its investors.

FountainVest Partners Headquarter Location

Suite 705-8 ICBC Tower 3 Garden Road, Central

Hong Kong

+852-3972 3900

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Latest FountainVest Partners News

Citic, FountainVest Weigh Sale of $1 Billion Loscam Australia Assets

Jan 12, 2022

10:24 AM IST, 12 Jan 2022 7:25 AM IST, 12 Jan 2022 10:24 AM IST, 12 Jan 2022 Save (Bloomberg) -- Buyout firms Citic Capital and FountainVest Partners are considering a sale of the Australia and New Zealand assets of pallet maker Loscam Asia Pacific Co., according to people familiar with the matter. (Bloomberg) -- Buyout firms Citic Capital and FountainVest Partners are considering a sale of the Australia and New Zealand assets of pallet maker Loscam Asia Pacific Co., according to people familiar with the matter. The private equity companies, which own a combined 55% stake in Loscam, are in discussions with prospective financial advisers to arrange a potential sale that could raise more than $1 billion, the people said, asking not to be identified because the information is private. A formal sale process may begin as soon as in the coming months, the people said. The assets could draw interest from other buyout firms and industry players seeking to expand in the region, one of the people said. The proceeds could help expand Loscam’s remaining business in China and Southeast Asia, one of the people said. Citic Capital and FountainVest Partners bought 55% of Loscam in 2018 from Sinotrans Ltd., a unit of China Merchants Group, for 2.48 billion yuan ($389 million). After the deal, Citic Capital held 33% and FountainVest owned 22%, with the rest retained by Sinotrans. No final decision has been made and the talks may not lead to any transaction, the people said. A representative for Citic Capital declined to comment. Representatives for FountainVest and Sinotrans didn’t immediately respond to requests for comment. Founded in Australia in 1942, Loscam makes wood and plastic pallets used to transport goods, according to its website . It also produces cages for high-value freight, as well as fresh-produce crates and bulk containers. ©2022 Bloomberg L.P.

FountainVest Partners Investments

26 Investments

FountainVest Partners has made 26 investments. Their latest investment was in MyMro as part of their Series B on May 5, 2021.

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FountainVest Partners Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

5/12/2021

Series B

MyMro

Yes

1

3/31/2021

Series D - II

Plus

$220M

Yes

7

3/8/2021

Series D

UShopal

$100M

Yes

2

2/23/2021

Private Equity

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10

2/19/2021

Series D

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$99M

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10

Date

5/12/2021

3/31/2021

3/8/2021

2/23/2021

2/19/2021

Round

Series B

Series D - II

Series D

Private Equity

Series D

Company

MyMro

Plus

UShopal

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Amount

$220M

$100M

$99M

New?

Yes

Yes

Yes

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Co-Investors

Sources

1

7

2

10

10

FountainVest Partners Portfolio Exits

9 Portfolio Exits

FountainVest Partners has 9 portfolio exits. Their latest portfolio exit was Broncus Medical on September 24, 2021.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

9/24/2021

IPO

2

3/22/2021

Acq - P2P

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$99M

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10

11/20/2020

IPO

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$99M

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10

11/1/2019

IPO

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$99M

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10

2/4/2016

Acquired

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$99M

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10

Date

9/24/2021

3/22/2021

11/20/2020

11/1/2019

2/4/2016

Exit

IPO

Acq - P2P

IPO

IPO

Acquired

Companies

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Valuation

$99M

$99M

$99M

$99M

Acquirer

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Sources

2

10

10

10

10

FountainVest Partners Acquisitions

11 Acquisitions

FountainVest Partners acquired 11 companies. Their latest acquisition was CFB Group on January 07, 2022.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

1/7/2022

$99M

Acq - Fin

1

11/19/2021

$99M

Acq - Fin

1

11/18/2021

Private Equity

$99M

Acq - Fin - II

1

9/20/2021

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$99M

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10

2/25/2021

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$99M

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10

Date

1/7/2022

11/19/2021

11/18/2021

9/20/2021

2/25/2021

Investment Stage

Private Equity

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

Note

Acq - Fin

Acq - Fin

Acq - Fin - II

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Sources

1

1

1

10

10

FountainVest Partners Fund History

8 Fund Histories

FountainVest Partners has 8 funds, including FountainVest Capital Partners Fund IV.

Closing Date

Fund

Fund Type

Status

Amount

Sources

10/4/2021

FountainVest Capital Partners Fund IV

$595.5M

2

4/2/2019

FV Mascot TopCo Partners

$99M

10

12/17/2018

FountainVest Renminbi Fund

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$99M

10

9/22/2016

FountainVest Partners Chinan Capital Partners Fund III

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$99M

10

11/13/2012

FountainVest China Growth Capital Fund II

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$99M

10

Closing Date

10/4/2021

4/2/2019

12/17/2018

9/22/2016

11/13/2012

Fund

FountainVest Capital Partners Fund IV

FV Mascot TopCo Partners

FountainVest Renminbi Fund

FountainVest Partners Chinan Capital Partners Fund III

FountainVest China Growth Capital Fund II

Fund Type

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Status

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Amount

$595.5M

$99M

$99M

$99M

$99M

Sources

2

10

10

10

10

FountainVest Partners Team

6 Team Members

FountainVest Partners has 6 team members, including current Chief Executive Officer, Frank Tang.

Name

Work History

Title

Status

Frank Tang

Chief Executive Officer

Current

Wei Cai

Managing Director

Current

George Chuang

Managing Director

Current

Andrew Huang

Managing Director

Current

Mingfang Lu

Managing Director

Current

Name

Frank Tang

Wei Cai

George Chuang

Andrew Huang

Mingfang Lu

Work History

Title

Chief Executive Officer

Managing Director

Managing Director

Managing Director

Managing Director

Status

Current

Current

Current

Current

Current

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