Vermilion Partners Ltd
Vermilion Partners Ltd () is a boutique advisory firm based in China. The firm provides advice on mergers and acquisitions, restructuring and capital raising, as well as asset management services to corporations, partnerships, institutions, governments, and individuals. Vermilion remains privately owned.
Business overview
Private equity
Vermilion is an ACTIVE private equity investor in middle-market Chinese businesses.
Advisory History
It has provided assistance in establishing dozens of foreign-owned companies and joint ventures with the accumulative investment totaling one billion dollars.
In January 2007, they advised Diageo in its acquisition of Chengdu Yingsheng Investment Holding Corp’s 43% stake in Chengdu Quanxing Group . Chengdu Quanxing Group is the parent company of Swellfun, a baijiu manufacturer.
In 2008, Vermilion Partners Ltd completed a ‘hat-trick of acquisitions’ for Smiths Group and its subsidiaries. It was an adviser in the acquisition of Zhejiang Zheda Medical Instrument Co., Ltd (“ZDMI”) . According to the President of Smiths Medical, the deal expanded its access to the rapidly expanding Chinese market and provided opportunities for growth . Vermilion Partners also advised Smiths Group on the acquisition of Shenzhen Dowin Lighting Technologies, a market-leading Chinese producer of surge protection devices and Allrizon Tongguang, a Shanghai-based communications equipment firm .