IDG Capital leads bidding for ASMPT unit valued above $1bn
Monday, October 26, 2026 · first reported by Private Equity Wire
IDG Capital is the leading bidder for ASMPT's surface mount technology business, in a sale that could value the unit at more than $1bn, Reuters reported, as cited by Private Equity Wire. A deal could come within weeks, though talks continue and nothing is final. FountainVest Partners and Triton Partners have also shown interest and joined discussions.
ASMPT is said to want about $1.5bn, though bidders may offer less. The unit made HKD3.87bn of revenue in the first half of 2026, up 53.1%, and orders rose 87.8% to HKD6.98bn. ASMPT began a strategic review of the division in January.
- Firm
- IDG Capital
- Also named
- ASMPT
- Deal value
- $1.5B
- Asset class
- Private equity
- Geography
- Asia-Pacific
The summary and fields above are extracted from the published reports and can contain errors. The linked articles are the source of record.
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