MCF acted as exclusive buy-side M&A and debt advisor to H.I.G. Capital on the acquisition of go asia

Founded in 2008 and headquartered in Berlin, go asia operates over 70 stores in more than 30 cities across Germany and offers a range of over 10,000 products from across Asia. H.I.G., the founding family led by Wengui Ye, and the management team plan to further expand the store network in Germany and enter additional European markets. MCF facilitated the transaction through buy-side M&A and debt advisory services.

Christian Kraul-von Renner, Managing Director at H.I.G.: “go asia is an impressive founder-led success story. Wengui Ye and his team have built Germany’s largest Asian food retailer with an authentic product range and a distinctive, scalable store concept. We see significant potential to expand the store network in Germany as well as to enter other European markets. Together with the Ye family and the management team, we look forward to accelerating go asia’s next phase of growth.”

About go asia

Founded in Berlin in 2008, go asia opened its first store in Berlin-Charlottenburg in 2009. Today, with over 70 stores in more than 30 cities and over 1,600 employees, go asia is Germany’s largest retail chain for Asian food. Its stores are located predominantly in city-center locations, shopping centers, and transport hubs, complemented by an online shop. The Company’s assortment comprises over 10,000 products from across Asia, ranging from rice, noodles, sauces, and spices to frozen and fresh products, beverages, and kitchenware.
More information at: https://goasia.net/

About H.I.G. Capital

H.I.G. is a leading global private capital firm with $76 billion of capital under management.* Since its founding in 1993, H.I.G. has invested in and managed more than 400 companies worldwide. The Firm’s current portfolio includes more than 100 companies with combined sales in excess of $53 billion.

More information at: https://hig.com/

*Based on total capital raised by H.I.G. Capital and its affiliates.