Announced
Financials
Tags
China
Private Equity
Friendly
real estate business
Private
housing management
Acquisition
corporate housing
Minority
Real Estate Holding and Development
Pending
Single Bidder
Synopsis
The Carlyle Group is set to acquire a minority stake in Anxin Apartment, a provider of corporate housing services. Financial terms were not disclosed. “Anxin Apartment has established a nationwide platform that provides safe, comfortable and well-managed housing solutions to corporate employees. We look forward to leveraging Carlyle’s industry expertise and network of portfolio companies to further expand our footprint, expedite our growth plans and enhance our customer relationship management system and branding,” Zao-xia Xu, Anxin Apartment CEO and Founder.
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