News Articles

Affinity sells frequent flier stake back to Virgin Australia

Affinity Equity Partners has more than doubled its money on Virgin Australia’s frequent flyer business, having agreed to sell back a 35% stake to the parent company for A$700 million ($480 million).

Affinity secures third Korea deal in three months

Affinity Equity Partners has announced its third Korea deal in as many months with an agreement to acquire a majority stake in ServeOne, LG Group’s maintenance, repair and operation (MRO) unit, for KRW602 billion ($535 million).

Affinity, BRV seal Shinsegae e-commerce deal

Affinity Equity Partners and BRV Capital Management have finalized an agreement with Shinsegae that will see them invest a combined KRW1 trillion ($878 million) in the South Korean retail group’s e-commerce business.

Affinity to acquire Australia's Scottish Pacific for $446m

Affinity Equity Partners has agreed to acquire Australia-listed debt and trade finance provider Scottish Pacific in a deal worth approximately A$612 million ($446 million).

Affinity-backed Tegel gets $310m buyout offer

Tegel Group, a poultry producer in which Affinity Equity Partners is the largest shareholder, has received a privatization offer from Philippines-based Bounty Fresh Foods that values the business at approximately NZ$438 million ($310 million).

Affinity buys Trimco from Partners Group for $520m

Affinity Equity Partners has bought Hong Kong-based garment label manufacturer Trimco from Partners Group for $520 million.

Fundraising: fast, large and with a Japanese flavour

What Affinity’s $6bn ‘one-and-done’ tells us about the market in 2018.

Affinity closes fifth Asia fund at $6bn

Affinity Equity Partners has completed a first and final close on its fifth pan-Asian fund at the hard cap of $6 billion.