Chris Welty is a partner in the Corporate Department of the Firm’s Hong Kong office. Mr. Welty represents corporate clients and financial sponsors in a broad range of private equity and M&A transactions, including public and private acquisitions, leveraged and management buyouts, going-private transactions, joint ventures, minority investments and divestitures. He regularly advises clients in connection with mergers and acquisitions involving U.S. public companies, as well as cross-border and multi-jurisdictional transactions throughout the Asia-Pacific region.
In recent years, Mr. Welty has acted on some of the largest and most high profile M&A and private equity transactions in the Asia Pacific region, including the following:
- Baring Private Equity Asia and Canadian Pension Plan Investment Board in the $4.3 billion take-private of Nord Anglia Education Inc., one of the world’s leading operators of international schools
- Oaktree Capital in the combination of Fitness First Asia (an Oaktree portfolio company) with Celebrity Fitness (a portfolio company of Navis Capital Partners) to create one of the largest fitness club networks in Asia
- Baring Private Equity Asia in the $3 billion take-private of Giant Interactive Group, one of China’s leading online game developers and operators, and in its acquisition of HCP Packaging, one of the world’s leading primary packaging companies for cosmetic products, from TPG Capital
- Boyu Capital, as a member of a consortium including Ally Bridge Group Capital Partners and Dr. Ge Li, founder, chairman and CEO of WuXi PharmaTech, a global contract R&D services provider serving the pharmaceutical and biotechnology industries, in the consortium's $3.3 billion take-private for Wuxi
- Special Committees of the Boards of Directors of Canadian Solar Inc., a Nasdaq-listed solar power company, and Sinovac Biotech, a leading provider of biopharmaceutical products in China, in connection with the evaluation of take-private proposals submitted by their Chairmen
- HNA Group in its $6.5 billion acquisition of an approximate 25% equity interest in Hilton Worldwide Holdings Inc. from Blackstone, and its approximately $6 billion acquisition through Tianjin Tianhai Investment, of Ingram Micro Inc.
- General Electric on a number of significant matters, including with respect to the sale of its interests in GE Capital’s joint ventures with Hyundai Motor Company in South Korea, Hyundai Capital Services, a provider of consumer financial products, and Hyundai Card Co., an issuer of credit cards