Stephanie Tang

Stephanie Tang

Head of Private Equity – Greater China Corporate & Finance

Hong Kong

+852 2840 5026

[email protected]

Languages

English, Mandarin

Stephanie Tang

Overview
Experience
Credentials
Insights and events

Stephanie is a partner and Head of Private Equity in Greater China. She is based in Hong Kong.

Stephanie is a well-regarded M&A (both public and private), private equity, and capital markets partner with a strong track record of successfully advising Chinese companies on their outbound investments and global private equity sponsors on their investments in Asia.

In the M&A arena, Stephanie represents private equity firms and public and private companies in a variety of public and private cross-border transactions. Stephanie's transactional practice spans the range of M&A activity, including LBOs, take-private transactions, de-SPACs, equity investments, PIPEs, and other complex cross-border transactions.

In recent years, Stephanie led 31 take-private transactions of U.S.-listed companies based in China and Asia Pacific region, many of these companies have achieved listing in Chinese A-share market subsequent to the privatization.

In addition, she has represented both issuers and underwriters on New York Stock Exchange and NASDAQ IPOs, private placements of equity and equity-linked securities, and Rule 144A and Regulation S offerings by companies based in China and Asia Pacific region.

Stephanie has been listed as a “Highly regarded" lawyer for M&A and Private Equity by IFLR1000 in Hong Kong. For three consecutive years since 2020, Stephanie has been named as an “expert" in Private Equity by Euromoney’s Women in Business Law Expert Guide, 2020-2022. Stephanie was named “Female Dealmaker, North Asia" 2021 by Asian Legal Business. She also gained the Best M&A Legal Service Award 2017 – China Mergers & Acquisitions Association.

Stephanie is a frequent writer and speaker on a range of topics affecting cross-border capital raising and M&A activities and co-authored the chapter, “Investing: China”, The Private Equity Review (Kirk August Radke, editor), 2013, 2014. Stephanie is regularly quoted in news articles by Reuters, Bloomberg, CNBC and Nikkei Asia on regulatory reform initiatives and market developments.

Representative experience

The special committee of the board of directors of NYSE-listed TDCX Inc. in the US$1.037bn take-private transaction led by Mr. Laurent Junique, founder and CEO of TDCX.

The buyer consortium led by CEO of NASDAQ-listed Gridsum Holding Inc. and Trade in Service Innovation Investment Fund in its acquisition of the company in a going private transaction.

The special committee of the board of directors of NYSE-listed Mindray Medical International Limited in its going private transaction. Mindray Medical (300760.SZ) has achieved listing in Chinese A-share market subsequent to the privatization.

The special committee of the board of directors of NASDAQ-listed Bona Film Group Limited in connection with its going private transaction. Bona Film (001330.SZ) has achieved listing in Chinese A-share market subsequent to the privatization.

The independent committee of NASDAQ-listed Focus Media in connection with the US$3.7bn leveraged buyout by a consortium consisting of The Carlyle Group, FountainVest, CITIC Capital and China Everbright and its founder. Named “2013 Private Equity Deal of the Year” by China Law & Practice, “2014 Private Equity Deal of the Year” by IFLR and “2014 Global M&A deal of the Year: China private equity” by The American Lawyer. Focus Media (002027.SZ) has achieved listing in Chinese A-share market subsequent to the privatization.

CDH Investments as a member of a consortium consisting of Baring Private Equity Asia, Hony Capital and Giant Interactive’s chairman Yuzhu Shi in connection with the consortium’s leveraged buyout of NYSE-listed Giant Interactive in a going-private transaction that values Giant Interactive at US$3bn. Named “2015 Private Equity Deal of the Year” by IFLR, “2014 Take Private Deal of the Year” by China Business Law Journal and “2014 Private Equity deal of the year” by China Law & Practice. Giant Interactive (002558.SZ) has achieved listing in Chinese A-share market subsequent to the privatization.

The special committee of NYSE-listed iSoftStone in its acquisition by China Everbright and iSoftStone's chairman and CEO. iSoftStone (301236.SZ) has achieved listing in Chinese A-share market subsequent to the privatization.

Shanghai Pudong Science and Technology Investment Co., Ltd., a Shanghai-based state-owned enterprise, in its acquisition of NASDAQ-listed Montage Technology Group Limited. Montage Technology (688008.SH) has achieved listing in Chinese A-share market subsequent to the privatization.

The special committee of the board of directors of NYSE-listed Jumei International Holding Limited in connection with its going private transaction.

The Carlyle Group, Sequoia Capital China and Actis on their leveraged buyout of NYSE-listed 7 Days Inn.

The independent committee of the board of directors of NASDAQ-listed AutoNavi in connection with its sale to Alibaba Group Holding Limited in a transaction that values AutoNavi at US$1.5bn.

NASDAQ-listed Tudou board in connection with its US$1.1bn stock-for-stock merger with NYSE-listed Youku. Named "2012 M&A Deal of the Year" by China Law & Practice and "2012 M&A Deal of the Year (Inbound & Domestic)" by China Business Law Journal.

The NASDAQ-listed Funtalk China Holdings Limited in connection with its privatization by Funtalk’s management and PAG Asia.

Tricor Group, Asia's leading global corporate services provider and a portfolio company of private equity firm Permira, on the acquisition of Richful Deyong Group.

Primavera Capital Group in connection with its investment in Cainiao Smart Logistics Network Limited, the logistics arm of Alibaba Group.

CMB International Capital Limited and The Benchmark Company, LLC, as lead underwriters in the NYSE American initial public offering and listing of DDC Enterprise Ltd, a food innovator with leading content driven (i.e. using content to reach and engage target customers) consumer brands offering easy, convenient ready-to-heat, ready-to-cook, ready-to-eat and plant-based meal while promoting healthier lifestyle choices to its predominately Millennial and Generation Z customer-base.

Lixiang Education Holding Co. Ltd., a leading education services provider in China, in its NASDAQ initial public offering and listing.

Bank of America Merrill Lynch, Standard Chartered, Guotai Junan and ICBC International, as joint bookrunners and joint lead managers, in initial public offering and listing on the Hong Kong Stock Exchange of Xiao Nan Guo Restaurants Holdings Limited.

Morgan Stanley, Credit Suisse and Bank of America Merrill Lynch as underwriters in connection with China Ming Yang Wind Power Group Limited's initial public offering on the New York Stock Exchange.

VanceInfo Technologies Inc., an information technology service provider and one of the leading offshore software development companies in China, in connection with its initial public offering on the New York Stock Exchange.