Steven Sha
Partner, Hong Kong SAR
Biography
Overview
Steve Sha is a partner in the Mergers & Acquisitions and Private Equity practice, based in Hong Kong.
Steve advises private equity funds, private and public companies and financial investors on a wide range of private equity and other M&A matters. He has extensive experience in cross-border transactions across Asia and globally, including sponsor-led acquisitions and divestitures, leveraged buyouts, going-private transactions, PIPEs, joint ventures, strategic M&A, restructurings and venture financings.
Bars and Courts
Solicitor of the High Court of Hong Kong
California
US Patent and Trademark Office
Education
JD
Stanford Law School
BS
Stanford University
Languages
English
Mandarin
Experience
Steve Sha's experience* includes representing:
- Advent International on its acquisition, consolidation and subsequent sale of Serta China, a leading mattress business in China.
- Bain Capital Credit on its US$300 million investment in D&J China.
- Bain Capital on its US$2.7 billion sale of Carver Korea, its US$800 million acquisition of a controlling stake in Hugel Inc., and its sale of the Gymboree Play & Music business in China.
- CPPIB on the US$4.3 billion consortium take-private of NYSE-listed Nord Anglia Education.
- Deutsche Bank AG in its role as financial advisor to the Special Committee of the Board of Directors of Hollysys Automation Technologies Ltd. (Nasdaq: HOLI), a leading automation control system solutions provider in China, with overseas operations in eight other countries and regions throughout Asia, which has agreed to be acquired by Ascendent Capital Partners, an international private investment firm headquartered in Hong Kong. The acquisition, which concludes a months-long sale process, will be completed through an all-cash transaction valued at approximately US$1.66 billion.
- GSR/GO Scale Capital on its proposed US$3.3 billion acquisition of 80.1% of Philips' Lumileds business.
- NewQuest Capital Partners on its sale of Integreon, a business process outsourcing provider with a significant Asia footprint, to EagleTree Capital.
- Oxerra on its carve-out acquisition of Venator’s iron oxide business.
- Shandong Hi-Speed Holdings Group Limited in its US$299 million private placement in VNET Group, Inc.
- Takeda Pharmaceuticals on its auction sale of certain non-core assets in Asia Pacific to Celltrion, Inc.
- Tencent on its strategic partnerships with and investments in NYSE-listed 58.com and Nasdaq-listed JD.com.
- Uber's strategic partnership with Baidu in China.
- Various SPACs in business combination transactions with targets in Asia and the US, including Magnum Opus Acquisition Limited on its proposed US$2.5 billion business combination with Asia Innovations Group Limited; Chenghe Acquisition Co. on its proposed US$380 million business combination with Taiwan Color Optics, Inc; and Chenghe Acquisition I Co. on its business combination with Femco Steel Technology Co., Ltd.
*Includes experience prior to joining White & Case
Publications
What China's IPO Crisis Means for PE Investors, China Law & Practice, May/June, 2013.