FLAG Capital to Acquire Squadron Capital

October 26, 2012

On October 22, 2012, private capital investment manager FLAG Capital Management, LLC announced that it had agreed to acquire Hong Kong-based private equity firm Squadron Capital.

FLAG Capital Management, LLC announced on October 22, 2012 that it had reached a definitive agreement to acquire Hong Kong-based Squadron Capital from private investment company Search Investment Group.  Squadron is a private equity investment firm focused on the Asia Pacific region with approximately $1.5 billion in assets under management.  The transaction will increase FLAG’s total assets under management to approximately $6 billion.  The terms of the deal, which is expected to close on or before December 31, 2012, were not disclosed. 

To read the press release, please click here.


Investment Manager M&A, Private Equity M&A, Transactions