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
Recently, WebRTC has a lot of eyes from market. The use cases of WebRTC are expanding - video chat, online education, online health care etc. Not only for human-to-human communication, but also IoT use cases such as machine to human use cases can be seen recently. One of the typical use-case is remote camera monitoring. With WebRTC, people can have interoperability and flexibility for deploying monitoring service. However, the benefit of WebRTC for IoT is not only its convenience and interopera...
Sanjeev Sharma Joins June 5-7, 2018 @DevOpsSummit at @Cloud Expo New York Faculty. Sanjeev Sharma is an internationally known DevOps and Cloud Transformation thought leader, technology executive, and author. Sanjeev's industry experience includes tenures as CTO, Technical Sales leader, and Cloud Architect leader. As an IBM Distinguished Engineer, Sanjeev is recognized at the highest levels of IBM's core of technical leaders.
In his general session at 21st Cloud Expo, Greg Dumas, Calligo’s Vice President and G.M. of US operations, discussed the new Global Data Protection Regulation and how Calligo can help business stay compliant in digitally globalized world. Greg Dumas is Calligo's Vice President and G.M. of US operations. Calligo is an established service provider that provides an innovative platform for trusted cloud solutions. Calligo’s customers are typically most concerned about GDPR compliance, application p...
Mobile device usage has increased exponentially during the past several years, as consumers rely on handhelds for everything from news and weather to banking and purchases. What can we expect in the next few years? The way in which we interact with our devices will fundamentally change, as businesses leverage Artificial Intelligence. We already see this taking shape as businesses leverage AI for cost savings and customer responsiveness. This trend will continue, as AI is used for more sophistica...
The 22nd International Cloud Expo | 1st DXWorld Expo has announced that its Call for Papers is open. Cloud Expo | DXWorld Expo, to be held June 5-7, 2018, at the Javits Center in New York, NY, brings together Cloud Computing, Digital Transformation, Big Data, Internet of Things, DevOps, Machine Learning and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding busin...
SYS-CON Events announced today that Synametrics Technologies will exhibit at SYS-CON's 22nd International Cloud Expo®, which will take place on June 5-7, 2018, at the Javits Center in New York, NY. Synametrics Technologies is a privately held company based in Plainsboro, New Jersey that has been providing solutions for the developer community since 1997. Based on the success of its initial product offerings such as WinSQL, Xeams, SynaMan and Syncrify, Synametrics continues to create and hone inn...
Smart cities have the potential to change our lives at so many levels for citizens: less pollution, reduced parking obstacles, better health, education and more energy savings. Real-time data streaming and the Internet of Things (IoT) possess the power to turn this vision into a reality. However, most organizations today are building their data infrastructure to focus solely on addressing immediate business needs vs. a platform capable of quickly adapting emerging technologies to address future ...
No hype cycles or predictions of a gazillion things here. IoT is here. You get it. You know your business and have great ideas for a business transformation strategy. What comes next? Time to make it happen. In his session at @ThingsExpo, Jay Mason, an Associate Partner of Analytics, IoT & Cybersecurity at M&S Consulting, presented a step-by-step plan to develop your technology implementation strategy. He also discussed the evaluation of communication standards and IoT messaging protocols, data...
Product connectivity goes hand and hand these days with increased use of personal data. New IoT devices are becoming more personalized than ever before. In his session at 22nd Cloud Expo | DXWorld Expo, Nicolas Fierro, CEO of MIMIR Blockchain Solutions, will discuss how in order to protect your data and privacy, IoT applications need to embrace Blockchain technology for a new level of product security never before seen - or needed.
In his session at 21st Cloud Expo, Raju Shreewastava, founder of Big Data Trunk, provided a fun and simple way to introduce Machine Leaning to anyone and everyone. He solved a machine learning problem and demonstrated an easy way to be able to do machine learning without even coding. Raju Shreewastava is the founder of Big Data Trunk (www.BigDataTrunk.com), a Big Data Training and consulting firm with offices in the United States. He previously led the data warehouse/business intelligence and B...
The past few years have brought a sea change in the way applications are architected, developed, and consumed—increasing both the complexity of testing and the business impact of software failures. How can software testing professionals keep pace with modern application delivery, given the trends that impact both architectures (cloud, microservices, and APIs) and processes (DevOps, agile, and continuous delivery)? This is where continuous testing comes in. D
Cloud Expo | DXWorld Expo have announced the conference tracks for Cloud Expo 2018. Cloud Expo will be held June 5-7, 2018, at the Javits Center in New York City, and November 6-8, 2018, at the Santa Clara Convention Center, Santa Clara, CA. Digital Transformation (DX) is a major focus with the introduction of DX Expo within the program. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive ov...
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, whic...
"WineSOFT is a software company making proxy server software, which is widely used in the telecommunication industry or the content delivery networks or e-commerce," explained Jonathan Ahn, COO of WineSOFT, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
"Evatronix provides design services to companies that need to integrate the IoT technology in their products but they don't necessarily have the expertise, knowledge and design team to do so," explained Adam Morawiec, VP of Business Development at Evatronix, in this SYS-CON.tv interview at @ThingsExpo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.