2024.03.18
Law.com International recently hosted its annual Asia Legal Awards on March 14, 2024, in Singapore, where the judging panel recognized significant deals and celebrated the exceptional performance of a host of law firms and practitioners over the past year. The take-private of Chindata Group Holdings Limited (Chindata Group) by Bain Capital was named Private Equity Deal of the Year.
Bain Capital, as the buyer’s investor for Chindata’s privatization, provided funding in the forms of equity financing and debt financing. In terms of debt financing, a syndicate led by Shanghai Pudong Development Bank and Industrial Bank was introduced to provide M&A financing for the privatization. Chindata’s privatization is another large-scale listed company privatization that JunHe has undertaken in recent years, following the privatization of WUBA, China Biologic, SINA and JOBS. JunHe’s financial team served as the PRC legal counsel for the financing syndicate and provided full legal services for the privatization and delisting financing. The JunHe team was led by partners ZHOU, Hui (Nelson) and YUAN, Yifeng (Vincent).
As a pioneering law firm in private equity/venture capital practice, JunHe delivers professional and pragmatic legal services across the entire life cycle of a deal, encompassing investment, management, exit, liquidation and dissolution. JunHe’s clients span a diverse spectrum, ranging from private equity/venture capital funds to target companies, as well as banks offering M&A financing and IPO underwriters. Widely acclaimed in the market for our exceptional performance and esteemed reputation among clients, JunHe's prowess in the private equity sector has garnered recognition in the Chambers Greater China Region Guide 2024: “JunHe is notable for its full range of services, advising on fund formation, investments, acquisitions and exits”. Our team routinely represents local and international clients, including RMB funds, across various industries. According to client feedback collected by the guide, “[JunHe’s lawyers] are very professional and efficient. I was impressed with their quick turnaround time”.