On April 2026, Investcorp, a globally renowned investment manager,
announced the sale of its controlling equity stake in one of its portfolios,
Shandong Jianuo Electronics Co., Ltd. ("Juno"), to a buyer syndicate
composed of various SOEs from Anhui. The transaction closed recently. After closing,
Investcorp retains a minority equity stake in Juno with an aim to share Juno’s
future growth.
Juno is a leading PRC company specializing in R&D,
manufacturing, and service provisions in relation to soft ferrite magnetic
cores. Its products are widely applied in high-growth emerging sectors such as
new energy vehicles, data centers, photovoltaic energy storage, and charging
infrastructure.
Fangda acted as legal counsel to Investcorp and provided
comprehensive legal services to Investcorp, including without limitation,
analyzing and advising on the overall transaction structure, drafting,
reviewing and negotiating of the transaction documents, and closing assistance.
Additionally, the Fangda team also provided legal services to Investcorp on its
prior acquisition of such controlling stake in Juno, its participation in
subsequent minority equity financings of Juno, and Juno’s daily operations while
under Investcorp’s control. The Fangda team was led by
partners Chen BAO and Susie SHI, team members also include counsel Leon LU and
associate Barlow LIU.