Sidley represented Inspiration Capital Partners, a leading mid-market private equity firm focusing on growth and control investments in China’s healthcare, consumer, and financial/business services sectors, in connection with its leveraged acquisition of Antute (Beijing) Technology Limited, a leading provider of third-party maintenance services for data center infrastructure and critical IT assets in China.
Following the acquisition, Inspiration Capital Partners will support the company’s management team to strengthen its leadership position in China.
The Sidley team responsible for the acquisition was led by partners Ruchun Ji (M&A and Private Equity) and David Kalani Lee (M&A, Private Equity, and Investment Funds) and supported by senior managing associate Eric Cheng (M&A and Private Equity) and associate Xiaolin Zhu (M&A and Private Equity). The Sidley team responsible for the financing was led by partner Olivia Ngan (China Corporate and Finance) and supported by associate Hao Zhou (China Corporate and Finance) and legal manager Andie Lam (China Corporate and Finance).
Notably, Sidley has been one of the top three legal advisors in China (including Hong Kong) in Bloomberg’s M&A and Private Equity League Table for four consecutive quarters in 2021.