TPG Team Visits YaDa International

On the afternoon of November 9th, Texas Pacific Group (TPG) Asian team, headed by Partner Mr. Wang Shen, visited Yada International’s headquarters. The team had an in-depth discussion with YaDa International’s management team concerning its project development progress and potential future cooperation.

YaDa International’s Vice President Ms. Gao Xiang first briefed the corporate strategic positioning and project process. She said along with the increasing aging population and public soaring demand for rehabilitation healthcare, YaDa International would have a broad market and promising future. Taking the right opportunity at the right timing with the support from respective parties, YaDa International’s first International health ecological park located in Wuzhen is meant to be a successful case.

TPG Partner Mr. Wang Shen gave his view from fund investment perspective on rehabilitation and retirement caring industry. He said the investment cycle and return of investment are the main considerations for an investment decision, and there‘s a potential possibility for TPG getting involved in YaDa’s project.

The Chairman and President of YaDa International Mr. Jiang Jianning expressed warm welcome to TPG team. He said retirement caring is a sunrise industry in China whilst mature business model is yet to be explored. Its development would rely on the wisdom and efforts pooled by all sectors. Mr. Jiang Jianning showed YaDa International’s willingness to discuss further with TPG on the basis of good communication.

Texas Pacific Group (TPG), founded in 1992, is one of the largest private equity investment firms globally. It focuses on leveraged buyout, growth capital and leveraged recapitalization investments in distressed companies and turnaround situations.