2025年度中国股权投资行业「产业并购」投资机构系列名册揭晓！

Core Insights - The year 2025 marks a significant turning point for China's M&A market, transitioning from "strategic attempts" to "systematic prosperity" due to supportive policies and macroeconomic resilience [2][3] - Capital is increasingly focused on high-quality assets with strong cash flow, brand equity, and market share, moving away from merely chasing high returns [3] - The pressure for exits in the primary market has led to innovative liquidity solutions, with M&A becoming a widely accepted exit strategy for investors and entrepreneurs [3] M&A Trends - Major M&A cases exceeding 5 billion have surpassed 25 by 2025, indicating a robust market environment [3] - Notable transactions include CPE Yuanfeng's acquisition of 83% of Burger King's China operations, which aims to enhance digital operations and local menu innovation [4] - The partnership between Boyu Capital and Starbucks exemplifies strategic collaboration, leveraging local insights to drive growth in lower-tier markets and digital transformation [4] Investment Institutions - The top investment institutions in China's industrial M&A for 2025 include: - Boyu Capital - Dinghui Investment - CPE Yuanfeng - Dazheng Capital - Dehong Capital - Sequoia China - Xincheng Capital - Hillhouse Capital - PAG - Kangqiao Capital [6] Notable M&A Cases - Significant M&A cases in 2025 include: - Dayao Soda - Gaoxin Retail - Burger King - Marshall - Boyu Capital - CPE Yuanfeng - KKR - Dehong Capital - WuXi AppTec - Julamat - Xingchujing - Dagan Capital - Hillhouse Capital - PAG [8]