Deals
Asia’s Family-Owned Firm Founders Seek Private Equity Exit
- Credit Suisse expects ‘many-fold’ increase in deals this year
- Asia’s family firms are bracing for succession planning
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Dealmakers across Asia are busy fielding calls from company founders who are mulling letting go of their life’s work as the Covid-19 pandemic has upended how global business is done.
After riding the region’s rise over the past decades, family firms that dominate the economic landscape are now also looking for bigger partners, help to modernize management teams and in succession planning, according to consultants, bankers and private equity firms.