Nirvana Asia

Nirvana is the largest integrated funeral and bereavement care provider in Asia, providing premium quality burial plots, niches and tomb design and construction services, as well as high quality and reliable funeral services through its network of cemeteries, columbarium facilities and funeral homes.

The company has operations in six countries across Asia, including Malaysia, Singapore and Indonesia and employs over 700 staff across the region.

Nirvana has a unique pre-need business model, whereby it sells the majority of its products (>85% of contract sales) to customers years in advance of actual use.  The pre-need nature of the majority of sales provides it with good visibility of future earnings and cash flow.

This deal marks the first ever public-to-private transaction on the Hong Kong Stock Exchange completed by a private equity firm

"I have taken huge pride in Nirvana's successes over the past three decades. I am confident that with CVC as our partner in this chapter of our development, we will be able to leverage their operational expertise, financial resources and global network to further help Nirvana to thrive."

Tan Sri David Kong, 首席执行官

投资日期

October 2016

Fund

Asia IV

商务

Bereavement & Funeral Services

国家

Malaysia

营业额

1.47亿美元

雇员人数

700

首席执行官

Tan Sri David Kong

公司网页

www.nirvana-asia-ltd.com