Add-on Acquisition • Communications

Berkshire Hathaway Acquires Paytm

On August 28, 2018, Berkshire Hathaway acquired communications company Paytm

Acquisition Context
  • This is Berkshire Hathaway’s 1st transaction in the Communications sector.
  • This is Berkshire Hathaway’s 1st transaction in India.
Investment Fate
  • Paytm went public in 2021.

Explore All 1705 Add-on Acquisition Communications Deals - Search the Database Free


M&A Deal Summary

Date August 28, 2018
Target Paytm
Sector Communications
Buyer(s) Berkshire Hathaway
Deal Type Add-on Acquisition

Target Company

Paytm

Noida, India
Paytm is a mobile value added service company through its mobile content, messaging, commerce services, and made-to-order network applications, it offers new revenue streams to telecom operators. Working closely with service providers and enterprises, the company offers customer lifecycle management and mobile marketing to enhance profitability. Paytm was founded in 2000 and is based in Noida, Uttar Pradesh.
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Buyer Overview 1

Buyer

Berkshire Hathaway

Omaha, Nebraska, United States

Category Company
Founded 1839
Sector Diversified
Employees392,400
Revenue 424.2B USD (2024)
DESCRIPTION
Berkshire Hathaway's corporate headquarters in Omaha, Nebraska.
Berkshire Hathaway's corporate headquarters in Omaha, Nebraska.

Berkshire Hathaway is a diversified holding company. Its subsidiaries engage in a wide range of business activities including insurance, utilities, renewable energy, freight rail transportation, finance, manufacturing, retailing, and business services. Berkshire Hathaway was founded in 1839 and is based in Omaha, Nebraska.


Deal Context for Buyer #
Overall 67 of 70
Sector: Communications 1 of 1
Type: Add-on Acquisition 46 of 47
Country: India 1 of 1
Year: 2018 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-10 Precision Castparts

Portland, Oregon, United States

Precision Castparts is a manufacturer of complex metal components and products. It serves the aerospace, power, and general industrial markets. Precision Castparts was formed in 1953 and is headquartered in Portland, Oregon.

Buy $37.2B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-07-05 Dominion Energy - Gas Transmission & Storage Segment Assets

Richmond, Virginia, United States

Dominion Energy, Inc.'s Gas Transmission & Storage segment assets include more than 7,700 miles of natural gas storage and transmission pipelines and about 900 billion cubic feet of gas storage.

Buy $9.7B