Welcome!

News Feed Item

Lincoln International Opens Office in Beijing; Joe Chang to Lead Office

BEIJING, Jan. 13, 2013 /PRNewswire/ -- Lincoln International, a leading global mid-market investment bank, today announced the opening of its Beijing office.  As part of this expansion, Joe Chang has joined Lincoln International as Managing Director and CEO of Lincoln International in China ("Lincoln-China").  Joe joins Lincoln International from Morgan Stanley, where he was a Managing Director and Head of Investment Banking of Morgan Stanley Huaxin Securities.  Lincoln International now has 14 offices worldwide, including 11 in the top nine global economies ranked by GDP.  With the opening of its Beijing office, Lincoln International now has offices in all of the BRIC countries.

(Photo: http://photos.prnewswire.com/prnh/20130113/CG41441)

Lincoln International has been active with Chinese companies since 2003 and has had personnel located in either Hong Kong or Shanghai since 2006.  Historically, the focus of Lincoln International in China has been finding buyers on sell-side mandates for non-Chinese companies.  Notable engagements where Lincoln International advised the seller on a transaction with a Chinese-based buyer include the following:

  • Sale of Inalfa Roof Systems B.V. to Beijing Hainachuan Automotive Parts Co.
  • Sale of Goss International to Shanghai Electric Group
  • Sale of Neapco Inc. to Wanxiang Group

Lincoln International has also worked with companies being sold that have substantial assets in China.  Most recently, Lincoln International worked with Precision Partners to sell a subsidiary located near Shanghai.

Finally, Lincoln international has worked on a selective basis with Chinese companies interested in making acquisitions outside of China including the following:

  • Wanxiang Group acquisition of the Driveline business of tedrive Holdings in Duren, Germany
  • Fong's Industries Company Limited's acquisition of Monforts Group from L. Possehl & Co. GmbH, Germany

Lincoln International in China will offer highly effective merger and acquisition ("M&A") advisory and capital raising services to its Chinese clients by leveraging its very active mid-market M&A and capital raising practices in Europe, North America, Japan, India, Russia and South America.  While providing a full range of M&A services, the Beijing office will provide a best-in-class platform for introducing Chinese buyers to sell-side opportunities located outside of China.

In expanding its presence in China, Jim Lawson, Lincoln International's Chairman, commented, "We have been working with Chinese companies for many years.  We decided to open an office in Beijing now because of the right combination of timing and leadership.  We see the volume of cross-border acquisitions by Chinese companies increasing significantly over the next several years.  Additionally, we found the right leader for the business - someone that is highly experienced in doing deals both inside and outside of China."

Joe Chang, Lincoln-China's CEO, said, "Chinese corporates are looking at cross-border M&A as a way to buy technology, brands and increase competitiveness both at home and abroad.  There are more than 2,400 Chinese corporations listed on the Shanghai and Shenzhen stock exchanges and many of them have the financial flexibility to compete successfully in cross-border, mid-market deals.  Lincoln International completes over 100 deals each year, a majority of which are sell-side M&A assignments.   The firm's mid-market opportunities in the U.S., Europe, Japan and other parts of the world are just what Chinese corporations want to access.  I am excited to join Lincoln International and introduce these sell-side mid-market opportunities to Chinese corporates."

Prior to joining Lincoln International, Joe Chang was a Managing Director of Morgan Stanley and head of investment banking and deputy general manager of Morgan Stanley Huaxin Securities ("MSHX"), Morgan Stanley's investment banking joint venture in China.   He also headed Morgan Stanley's Infrastructure Fund ("MSI") in China.  Before MSI and MSHX, Joe worked on IPO and M&A assignments for Chinese and multi-national clients in Morgan Stanley's Investment Banking Division in Beijing.  Prior to joining Morgan Stanley, Joe was CFO of hiSoft.  Joe also spent eight years from 1998 to 2005 with GE Consumer Finance and with Credit Suisse's investment banking department based in Hong Kong, New York and Tokyo.  Joe received his undergraduate degree from Princeton University and his graduate degree from Kyoto University. He is fluent in Mandarin, English and Japanese.

In addition to Joe Chang, the Beijing office includes bankers experienced working with Lincoln International.  One of the experienced members of the Beijing office is Charles Hedden.  Charles has been working with Lincoln International in the U.S. since 2010.  Charles is an American and fluent in English and Mandarin.  He holds an MBA from the Wharton School and an MA from the School of Arts and Sciences at the University of Pennsylvania.  He is a Fellow of the Lauder Institute Global MBA program and an alumnus of the Chinese international program. Charles previously lived in China from 2002 through 2004 working for the Chinese State Administration of Foreign Exchange as an editor for China Money magazine after finishing his BA in Economics at The College of William and Mary.  He made the permanent move to Beijing in November 2012 to open Lincoln International's Beijing office, and was instrumental in closing Lincoln International's first China to China transaction in December 2012.

Lincoln-China is in the process of forming an Advisory Board.  Chen Shuang, CEO of China Everbright Limited, is joining the Lincoln-China Advisory Board. 

About Lincoln International

Lincoln International specializes in merger and acquisition advisory services, debt advisory services, private capital raising and restructuring advice on mid-market transactions. Lincoln International also provides fairness opinions, valuations and pension advisory services on a wide range of transaction sizes. With fourteen offices in the Americas, Asia and Europe, Lincoln International has strong local knowledge and contacts in key global economies. The firm provides clients with senior-level attention, in-depth industry expertise and integrated resources. By being focused and independent, Lincoln International serves its clients without conflicts of interest. More information about Lincoln International can be obtained at www.lincolninternational.com.

Media Contact:     
Mary Weber    
Lincoln International     
(312) 506-2762    
[email protected]

SOURCE Lincoln International

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Developers want to create better apps faster. Static clouds are giving way to scalable systems, with dynamic resource allocation and application monitoring. You won't hear that chant from users on any picket line, but helping developers to create better apps faster is the mission of Lee Atchison, principal cloud architect and advocate at New Relic Inc., based in San Francisco. His singular job is to understand and drive the industry in the areas of cloud architecture, microservices, scalability ...
Multiple data types are pouring into IoT deployments. Data is coming in small packages as well as enormous files and data streams of many sizes. Widespread use of mobile devices adds to the total. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists will look at the tools and environments that are being put to use in IoT deployments, as well as the team skills a modern enterprise IT shop needs to keep things running, get a handle on all this data, and deli...
The age of Digital Disruption is evolving into the next era – Digital Cohesion, an age in which applications securely self-assemble and deliver predictive services that continuously adapt to user behavior. Information from devices, sensors and applications around us will drive services seamlessly across mobile and fixed devices/infrastructure. This evolution is happening now in software defined services and secure networking. Four key drivers – Performance, Economics, Interoperability and Trust ...
In recent years, containers have taken the world by storm. Companies of all sizes and industries have realized the massive benefits of containers, such as unprecedented mobility, higher hardware utilization, and increased flexibility and agility; however, many containers today are non-persistent. Containers without persistence miss out on many benefits, and in many cases simply pass the responsibility of persistence onto other infrastructure, adding additional complexity.
Bert Loomis was a visionary. This general session will highlight how Bert Loomis and people like him inspire us to build great things with small inventions. In their general session at 19th Cloud Expo, Harold Hannon, Architect at IBM Bluemix, and Michael O'Neill, Strategic Business Development at Nvidia, discussed the accelerating pace of AI development and how IBM Cloud and NVIDIA are partnering to bring AI capabilities to "every day," on-demand. They also reviewed two "free infrastructure" pr...
Cloud Expo, Inc. has announced today that Aruna Ravichandran, vice president of DevOps Product and Solutions Marketing at CA Technologies, has been named co-conference chair of DevOps at Cloud Expo 2017. The @DevOpsSummit at Cloud Expo New York will take place on June 6-8, 2017, at the Javits Center in New York City, New York, and @DevOpsSummit at Cloud Expo Silicon Valley will take place Oct. 31-Nov. 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Most companies are adopting or evaluating container technology - Docker in particular - to speed up application deployment, drive down cost, ease management and make application delivery more flexible overall. As with most new architectures, this dream takes a lot of work to become a reality. Even when you do get your application componentized enough and packaged properly, there are still challenges for DevOps teams to making the shift to continuous delivery and achieving that reduction in cost ...
The explosion of new web/cloud/IoT-based applications and the data they generate are transforming our world right before our eyes. In this rush to adopt these new technologies, organizations are often ignoring fundamental questions concerning who owns the data and failing to ask for permission to conduct invasive surveillance of their customers. Organizations that are not transparent about how their systems gather data telemetry without offering shared data ownership risk product rejection, regu...
Translating agile methodology into real-world best practices within the modern software factory has driven widespread DevOps adoption, yet much work remains to expand workflows and tooling across the enterprise. As models evolve from pockets of experimentation into wholescale organizational reinvention, practitioners find themselves challenged to incorporate the culture and architecture necessary to support DevOps at scale. In his session at @DevOpsSummit at 20th Cloud Expo, Anand Akela, Senior...
In his keynote at 19th Cloud Expo, Sheng Liang, co-founder and CEO of Rancher Labs, discussed the technological advances and new business opportunities created by the rapid adoption of containers. With the success of Amazon Web Services (AWS) and various open source technologies used to build private clouds, cloud computing has become an essential component of IT strategy. However, users continue to face challenges in implementing clouds, as older technologies evolve and newer ones like Docker c...
SYS-CON Events announced today that Twistlock, the leading provider of cloud container security solutions, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Twistlock is the industry's first enterprise security suite for container security. Twistlock's technology addresses risks on the host and within the application of the container, enabling enterprises to consistently enforce security policies, monitor...
The Internet of Things is clearly many things: data collection and analytics, wearables, Smart Grids and Smart Cities, the Industrial Internet, and more. Cool platforms like Arduino, Raspberry Pi, Intel's Galileo and Edison, and a diverse world of sensors are making the IoT a great toy box for developers in all these areas. In this Power Panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists discussed what things are the most important, which will have the most profound e...
Automation is enabling enterprises to design, deploy, and manage more complex, hybrid cloud environments. Yet the people who manage these environments must be trained in and understanding these environments better than ever before. A new era of analytics and cognitive computing is adding intelligence, but also more complexity, to these cloud environments. How smart is your cloud? How smart should it be? In this power panel at 20th Cloud Expo, moderated by Conference Chair Roger Strukhoff, pane...
The goal of Continuous Testing is to shift testing left to find defects earlier and release software faster. This can be achieved by integrating a set of open source functional and performance testing tools in the early stages of your software delivery lifecycle. There is one process that binds all application delivery stages together into one well-orchestrated machine: Continuous Testing. Continuous Testing is the conveyor belt between the Software Factory and production stages. Artifacts are ...
Blockchain is a shared, secure record of exchange that establishes trust, accountability and transparency across supply chain networks. Supported by the Linux Foundation's open source, open-standards based Hyperledger Project, Blockchain has the potential to improve regulatory compliance, reduce cost and time for product recall as well as advance trade. Are you curious about Blockchain and how it can provide you with new opportunities for innovation and growth? In her session at 20th Cloud Exp...