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Boyu Capital Said to Weigh Sale of Medical Device Maker Quasar

Private equity firm Boyu Capital is considering a sale of Quasar, a Singapore-headquartered medical device manufacturer, people familiar with the matter said. The firm is in preliminary talks with potential advisers on a deal that could value the company at more than $1 billion.

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AI take

This is a notable data point for Asia private equity, where exits have been slow and a $1 billion-plus medical device sale would signal renewed appetite for healthcare assets. It matters most to Boyu's limited partners and to other sponsors holding similar Singapore-based manufacturing platforms, since a successful process would set a comparable benchmark. The open question is whether preliminary adviser talks translate into a formal sale, or whether valuation gaps keep the process exploratory.

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