Discussion of the rising prominence of Greater China in the changing creative and technology landscape.
11th September | 4.15pm - 6.45pm | Ashurst, 11/F, Jardine House, 1 Connaught Place, Central, Hong Kong
SI Partners and Ashurst will host a seminar focusing on Greater China in the M&A landscape.
M&A and legal experts will explain the shape of the M&A market in Hong Kong and China, how to navigate complex domestic and cross-border DD. Also hear from agency founders who have sold their Greater China-based businesses to international buyers.
Our expert panel of speakers are: Alistair Angus, co-founder and global CEO at SI Partners, Chin Yeo Partner at Ashurst, Penny Burgess, WE Communications CEO China and Thomas Stavonhagen, CEO/founder of id creations.
What's next for creative businesses in Greater China?
China's contribution to the global creative economy is significant, having driven more than a decade of growth in creative industries and services - and it's continuing to grow. The average growth of M&A of Chinese creative companies since 2012 has been 13% annually, and in H1 2019, the proportion of cross-border deals involving China rose to 12%.
13% of global marketing services companies are looking to expand by acquiring a business in Greater China. Recent M&A activity in the region includes Eat Creative's sale to Fusion, CatchOn's sale to Finn Partners, AnyMinds's acquisition of Acqua Media, ID Creations' sale to Publicis, Resonance and Skye's merger, and Mailman's acquisition of 7 League, among others.
At this seminar our expert speakers will discuss the increasing opportunities available to creative businesses based in Greater China, the emergence of new global buyers, the attractiveness of Asian agencies to these new acquirers, what acquirers want and how businesses in Greater China can prepare for cross-border acquisition, in addition to hearing from agency founders who have recently sold their Greater China-based businesses to global acquirers.
- Thomas Stavonhagen, CEO / Founder, ID Creations who sold the business to Publicis in 2018
- Penny Burgess, CEO China at WE Communications who sold Red Bridge Communications to WE Communications in 2017
- Chin Yeoh, Partner at Ashurst who has particular expertise in complex, cross-border transactions.
- Alistair Angus, Partner at SI Partners, who has particular expertise in connecting businesses with global investors and partners, creating innovative deal structures designed to match stakeholders’ objectives.
4.15 - 4.45pm: welcome
4.45 - 5.00pm: Alistair Angus, Partner at SI Partners will share insights on the changing M&A landscape, what acquirers look for and trends in cross-border transactions for agencies in Greater China.
5.00 - 5.15pm: Chin Yeoh, Partner at Ashurst will discuss the challenges of domestic and cross-border DD for businesses based in Greater China and what they can do to prepare for acquisition.
5.15 - 5.45pm: Panel discussion and Q&A Penny Burgess and Thomas Stavonhagen will discuss what it’s like to sell a business, international buyers, cross-border challenges and what advice they would give to other entrepreneurs considering sale.
5.45 - 6.30pm: Cocktails