M&A Finance
K&L Gates
Full Credential Description
Dash Living, a Hong Kong-based rental housing platform, faced the challenge of expanding its operations across the Asia-Pacific region while transforming into a fully integrated living sector asset management platform. To support this strategic transformation, Dash Living sought a significant investment to bolster its growth and operational capabilities. K&L Gates provided tailored legal advice to Dash Living in securing a majority investment of up to US$150 million from Rava Partners, the real assets investment arm of Hillhouse Investment. This investment not only marked a pivotal milestone for Dash Living but also facilitated its ongoing expansion efforts. The firm’s legal team, led by partner William Ho, leveraged their extensive experience in advising high-growth businesses on complex, cross-border investments to navigate the intricacies of this transaction. As a result of this investment, Dash Living is positioned to enhance its service offerings, which include fully furnished, flexible lease accommodations for young professionals and digital nomads, with over 2,000 rooms under management in major cities such as Hong Kong, Singapore, Tokyo, and Sydney. This strategic partnership with Hillhouse Investment is expected to significantly accelerate Dash Living's growth trajectory and solidify its presence in the competitive rental housing market across the region.
Measurable Results
Successfully completed $150M transaction