BEIJING, Oct. 20, 2017 /PRNewswire/ -- China Renaissance is pleased to have been awarded Technology, Media & Telecom M&A Financial Adviser of the Year at the inaugural China M&A Awards held by Mergermarket.
"We are especially honored as this award reflects a year's worth of efforts rather than a single deal," said Jeremy Choy, Managing Director and Head of M&A for China Renaissance, who attended the award ceremony on behalf of the firm. "It is a testament to our clarity of purpose, the strength of our team and, most importantly, the trust of our clients whose interests are at the heart of everything we do.
"The deals we worked on this year demanded an evolution in our approach as the development of China's TMT sector creates ever more innovative business models and increases the complexity of transactions."
The award caps a banner year for China Renaissance as it continued to grow the advisory platform as part of the firm's support for China's high-growth "new economy" companies. In the first three quarters alone, the firm closed 37 deals with a total transaction value exceeding $11.5 billion, among them:
China Renaissance's M&A practice supports the firm's overall mission to be the leading financial partner to China's new economy companies, those with progressive, often tech-oriented business models and high-growth potential. Its clients are entrepreneurial innovators who are constantly pushing limits in their fields and pursing outcomes that can change the shape of industries and influence people's everyday experience of life.
About China Renaissance
China Renaissance Group ("CR Group") is a leading financial institution that combines private placement advisory, M&A advisory, securities underwriting, research, sales and trading, investment management and other financial services. Providing one-stop financial services across mainland China, Hong Kong and the United States, CR Group operates a competitive and unique international network that connects China's capital markets with the rest of the world, serving new economy entrepreneurs and investors globally.
CR Group has offices in Beijing, Shanghai, Hong Kong and New York, with over 600 professionals. Since its establishment in 2004, CR Group has completed more than 500 transactions, including IPOs, M&A transactions and private placements, with over $90 billion in total deal value. CR Group also has a private equity subsidiary with 20 billion RMB in AUM.
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