Cathay Capital Private Equity, the first self-made global private equity firm and a leader in cross-border investment in Europe, China, and North America, recently announced that it has successfully made a further investment through the Sino-French (Midcap) Fund by partnering with China Construction Design International Co., Ltd (“CCDI”), one of the largest private architecture and engineering consulting firms in China. Xiaojun Zhao, Chairman and Co-founder of CCDI, is a world-renowned Chinese architect, and the chief designer of the Chinese National Aquatics Center (Water Cube) for the 2008 summer Olympic Games.
CCDI was founded in 1994 in Shenzhen as a design branch of the China State Construction Engineering Corporation. In 2002, CCDI transformed from a state owned enterprise to a privately owned company and became a leader of the private architectural design industry in China. By capitalizing its advantage of diversification, the company provides comprehensive services covering the sectors related to the urbanization such as the residential, commercial real estate, civil projects, transportation, sports, cultural tourism and medical care, and extends to the whole industrial chain of every sector. This innovative model delivers the entire technology and capital solutions for planning, investment, design and operation to target the maximizing value of the investment project. According to the Engineering News Record’s (ENR) annual lists of top design and construction firms in 2015, CCDI’s ranking soars higher into the Top 100. Its landmark projects include the National Aquatics Center (Water Cube), Ping’an International Finance Center, Tencent’s headquarters building, the operational headquarters of Alibaba group, Jinan Olympic Sports Center and Shanghai international tourist resort.
Through overseas projects as well as international cooperation and M&A, CCDI has successfully extended and developed branches in New York and Sydney, and has extensive project management experience in Africa and the Middle East. Its overseas projects including high-rise office buildings in Doha, Qatar and Congo Brazzaville stadium have achieved considerable local influence. With the strategic support of Cathay Capital, the company will continue its overseas expansion and accelerate its pace of acquisitions abroad. By utilizing its vast international experience and platform spanning three continents, Cathay will help CCDI stand out from its peers in China and support its ongoing internationalization.
Mingpo Cai, President of Cathay Capital, stated: “Cathay Capital has a positive outlook for the prospects for international cooperation of the Chinese architecture design industry, as well as on CCDI as a business. By leveraging our rich experience and resources in related fields, we will cooperate with both CCDI’s management and our partners to improve the company’s customer resources and global competitiveness. We are confident that our investment will inject new vitality into CCDI, further contributing to its success on a cross-border level.”
Xiaojun Zhao, Chairman of CCDI, added: “CCDI aims to explore further opportunities overseas while consolidating our industry leading position in China. We believe that Cathy is an ideal partner to achieve this long-term strategy goal. Cathay Capital has extensive resources and practical experience in the cross-border investment field and architecture industry, which will provide significant opportunities and a broader platform for our future development, especially in our expansion in the international market.”
About Cathay Capital Private Equity
Cathay Capital Private Equity, founded by Mingpo Cai and Edouard Moinet in Paris in 2006, is the leading global middle-market, private equity firm created by Entrepreneurs for Entrepreneurs. As an expert in creating value through cross-border investments in Europe, China and North America, Cathay Capital is fully dedicated to helping its portfolio company management teams focus on growth and succeed beyond their home base.
Cathay’s unique platform on three continents – and offices currently located in Shanghai, Beijing, New York and Paris – as well as its multicultural team including thirty investment professionals, enables the firm to locally accelerate cross-border growth strategies through its broad local ecosystems.
To date, Cathay Capital has invested in 42 companies across the world and completed 14 exits, with over 900 million Euros under management.
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