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Orchid Asia commits to invest $10mn in Sport100

13
Feb '06
Investment Group Orchid Asia Group Management, Limited ("Orchid Asia") and Sport100 International Holdings Ltd (Sport100) jointly announced that Orchid Asia has made US$10M investment commitment to Sport100 for its business expansion in China.

Sport100 is a Chinese leading specialty sporting goods retail chain based in Shanghai and managed by a team of experienced management.

It offers a wide range of products targeting the young and discerning consumers who aspire to a healthy and energetic lifestyle.

Sport100 is the number 1 player in the sector with more than 30 large format stores of average store size over 2,000 square meters in ten major cities including Beijing, Shanghai, Tianjin and Shenzhen.

It pursues a multi-brand strategy covering a comprehensive range of branded sporting goods in the apparel, footwear, accessories and equipment categories, providing an unrivalled one-stop shopping experience.

Orchid Asia has recently raised more than US$180M to invest in expansion capital in China.

With offices in Hong Kong, Shanghai, Guangzhou and San Francisco, Orchid Asia has been investing in China for over 10 years and is one of the first international private equity investors in China.

Orchid Asia is managed by a team of talented professionals with a balanced mix of operations, consulting, banking, and private equity experience from Goldman Sachs, Salomon Brothers, McKinsey & Co, Boston Consulting Group, General Electric, Chevron and Motorola.

Orchid Asia's investment strategy is to focus on partnering with experienced operating executives who possess outstanding character, intelligence, and drive.

Sport100 International Holdings Ltd


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