How many acquisitions has PAG made so far?

PAG has completed 33 acquisitions so far, with an average acquisition amount of $588M.

Which countries does PAG usually acquire in?

PAG has made acquisitions in 7 countries with the most activity in Australia and China.

In which year did PAG make the most acquisitions?

PAG was most active in 2022, with 8 acquisitions completed in that year.

List of 33 Acquisitions by PAG (Sep 2026)

Q: Which is PAG's latest acquisition?

PAG's most recent acquisition is サッポロ不動産開発, a Developer of commercial properties, hotels, and mixed-use facilities for lease, acquired in December 2025.

Most viewed in 2019

PAG has made a total of 33 acquisitions. These transactions span 19 sectors, including Food Service Chains, Biopharma Outsourcing, and Food & Beverage Products, across 7 countries, with most activity in Australia, China, and India. Peak acquisition years were 2022 with 8 transactions, 2019 with 6, and 2021 with 5. The average number of acquisitions per year for the 2020–2025 period is 4, with 0 acquisitions completed this calendar year. In December 2025, it acquired サッポロ不動産開発, a Shibuya-based firm founded in 1988 that develops commercial properties, hotels, and mixed-use facilities for lease.

Here's the year on year acquisition history of PAG:

Number of Total Acquisitions

Year	# Acquisitions
2025	3
2024	2
2023	2
2022	8
2021	5
2020	1
2019	6
2017	2
2016	1
2015	3

View all Acquisitions by PAG

Recent acquisitions by PAG

PAG's most recent acquisition - サッポロ不動産開発 is a Developer of commercial properties, hotels, and mixed-use facilities for lease, founded in 1988 and located in Shibuya. PAG acquired a 51% stake in it in December 2025 for a price of $*****.

Here is the list of all acquisitions by PAG sorted by the latest acquisition date:

Acquired on	Acquired Company	Acquisition Price	Facilitators	Stake Acquired	Acquisition Multiple
Dec 24, 2025	サッポロ不動産開発	asgz	pxuk	83	617
Jul 31, 2025	Fengxiang	adud	sbwb	35	651
Jan 10, 2025	Pravesha	mwoi	yryo	82	363
Nov 22, 2024	Manjushree Technopack	pmrq	{hqx	76	523
Jan 10, 2024	Food Union	poyf	pjxn	57	557