Carlyle Leads Investment In Asian Cinema Service Co.

Law360, New York (October 17, 2011, 6:40 PM EDT) -- A consortium led by private equity giant The Carlyle Group LP acquired a majority stake Monday in GDC Technology, Asia's largest digital cinema service provider.

Carlyle and co-investor Yunfeng Capital, a Chinese private equity firm, purchased an 80 percent stake in Hong Kong-based GDC Tech from the company's existing shareholders, including former majority owner GDC Holdings, a digital distribution and content provider also based in Hong Kong.

With the investment, Carlyle now has access to the second-largest digital cinema server provider in the world as it...
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