Baring Private Equity exits Taiwan’s Airtac

The deal is almost doubled in size to $64 million following strong demand and still prices at the top end of the range.
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Airtac makes pneumatic components for pressurised air and gas systems
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<div style="text-align: left;"> Airtac makes pneumatic components for pressurised air and gas systems </div>

Baring Private Equity last night sold its remaining shares in Taiwan-based Airtac International Group, raising NT$1.89 billion ($64 million). It was a small trade — particularly to begin with — but it still attracted the interest of almost 30 investors, which allowed the deal size to be almost doubled from the initial plan.

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