Oliver Nip advises sophisticated global and regional investors on their most important transactions in China and across Asia. A partner in Ropes & Gray’s private equity transactions group, Oliver works closely with leading private equity sponsors, asset managers and global investment banks on a wide range of M&A transactions, including cross-border buyouts, disposals and pre-IPO investments. In addition, he regularly advises on growth investments, co-investments and joint ventures, as well as other corporate transactions relating to Hong Kong-listed companies.
Oliver brings a deep understanding of market conditions and dealmaking in China and elsewhere in Asia to his work. This allows him to provide commercially oriented solutions to clients across an array of sectors and industries, including technology, consumer goods and services, financial services, health care, energy and infrastructure, and real estate.
Recognized as a leading lawyer by Chambers Asia-Pacific and Greater China, as well as The Legal 500 Asia Pacific, Oliver is valued by clients for his excellent technical skills, responsive nature, and ability to deliver on marquee deals.
Experience
Oliver’s extensive experience includes advising:
- Baring Private Equity Asia, now BPEA EQT
- on regulatory aspects in connection with its US$7.3 billion merger with EQT, creating BPEA EQT - a global leader in active ownership strategies.
- in its US$2.76 billion acquisition of Tricor Group, Asia’s leading provider of integrated business, corporate and investor services.
- on BPEA EQT’s US$6.5 billion merger of Vistra with Tricor, creating a global fund and corporate services platform.
- The buyer consortium on iClick Interactive Asia Group Limited’s (NASDAQ: ICLK) pending going-private transaction.
- An investment manager in connection with its investment in SK On. Shortlisted for Equity Market Deal of the Year at the 2023 Asian Legal Business Korea Law Awards.
- Alibaba in its equity investment in, and related joint venture with, Dufry.
- Manulife Investment Management in its strategic partnership with real estate private equity investment manager ARCH Capital through a significant minority equity acquisition.
- Ares SSG Capital Management in its co-investment in Luckin Coffee, a China-based coffee chain operator, alongside Centurium Capital, a Chinese private equity firm.
- ICBC International Holdings Limited in its investment in Beijing Missfresh E-Commerce Co., Ltd.
- TPG Capital on its US$400+ million investment in Kakao Corporation’s transport / taxi app business, Kakao Mobility.
- MBK Partners in its acquisition of a controlling stake in Apex Logistics and the subsequent sale of Apex Logistics to global logistics firm Kuehne & Nagel.
- Bain Capital
- in its acquisition of Camp Australia, a leading provider of before and after-school care programs in Australia.
- in its purchase of an equity interest of a leading Australian-based early education center operator.
- and subsidiary MYOB in the buyout of BankLink New Zealand and other corporate transactions.
- Blackstone
- in the acquisition of China-based Suzhou Xinrong-Best Medical Instrument Co., Ltd.
- as the lead buyer of a consortium in the proposed US$625 million take-private transaction of China-based Pactera Technology International Ltd.
- AlpInvest as part of the consortium in the US$818 million take-private transaction of AsiaInfo-Linkage, a NASDAQ-listed telecommunications company with primary operations in China.
- The Canada Pension Plan Investment Board (“CPPIB”) in its acquisition of an approximately 20% stake in Homeplus, Tesco’s South Korean business, for US$534 million as part of the consortium led by MBK Partners. Named Deal of the Year in 2015/2016 by multiple publications including the Asian Lawyer, The American Lawyer, Asian-Mena Counsel and Asian Legal Business.
- China Resources Capital in numerous investments in the health care and infrastructure sectors.
- A leading U.S. fund in its various health care projects in the Asia-Pacific region.
- A global investment bank in its US$100 million convertible bond financing of a newly formed subsidiary of GCL New Energy Holdings Limited to fund the purchase of grid-connected solar farms in China.
- Nova Founders Capital and its affiliated companies in numerous rounds of private equity financings.
- A leading U.S. fund in its acquisition of a group focusing on English language training in China.
- Asia-IO Acquisition Fund L.P. in the acquisition of the controlling interest (55.17%) in Daiwa Associate Holdings Limited (1037.HK), a company listed on the Hong Kong Stock Exchange that specializes in electronics component manufacturing and distribution. The transaction triggered an unconditional general offer to the remaining shareholders by Asia-IO Acquisition Fund.