Tencent Holdings Mergers & Acquisitions

Tencent Holdings M&A Summary

Tencent Holdings has acquired 15 companies, including 5 in the last 5 years. It has also divested 5 assets.

Tencent Holdings’ largest acquisition to date was in 2022, when it acquired Sumo Group for $1.3B. It’s largest disclosed sale occurred in 2025, when it sold Global Blue Group Holding AG to Shift4 Payments for $2.5B. Tencent Holdings has acquired in 1 US state, and 8 countries. The Company’s most targeted sectors include digital media (34%) and internet software and services (34%).

M&A Summary

  • M&A Total Activity19
    • M&A Buy Activity15
    • M&A Sell Activity4
  • Total Sectors Invested 7
  • Total Countries Invested 8
  • M&A Buy/Sell Connections 15

Tencent Holdings

Tencent Holdings Ltd.

Tencent Binhai Towers No. 33 Haitian 2nd Road Nanshan District,
Shenzhen, 518054
China,
+86 75 5860 13388
www.tencent.com

All (19) Buy (15) Sell (4)
Date Target Value
$mlns
Transaction Type Acquirer Seller SRC
Link
2025-02-18 Global Blue · Financial Services
Signy-Avenex, Switzerland · www.globalblue.com

Global Blue is an international provider of travel-related financial services. The company offers a seamless shopping and payment journey for tourists. Also, it provides a wide range of added-value payment solutions for all the stakeholders involved, including retailers and international shoppers. Global Blue was founded in 1980 and is based in Signy-Avenex, Switzerland.

Revenue (mlns) 422 USD
EBITDA (mlns) 135 USD
Advisors: Deutsche Bank Corporate & Investment Banking , J.P. Morgan Securities , Niederer Kraft & Frey , Oppenheimer & Co. , PJT Partners , Simpson Thacher & Bartlett , UBS Investment Bank
2,500
18.5x EBITDA
5.9x REVENUE
Add-on Acquisition

Shift4
Advisors: Goldman Sachs , Latham & Watkins , Loyens & Loeff

Tencent Holdings


Try Mergr Free — See This and 220,573+
Other Company and Investor Profiles Today

Try free. Full access. Cancel anytime.

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More

What's Mergr?

Mergr is a user-friendly database designed to simplify the complex world of private equity and M&A for busy professionals.

We created Mergr to eliminate the challenge of tracking company acquisitions, sales, and ownership, providing clear insights into investment firms and their activities. For example, explore an investment firm’s investment criteria, deal history, portfolio, and connections - organized to help you uncover opportunities and make informed decisions.

With Mergr, gain access to a comprehensive, interconnected web of transactions, investors, companies, and advisors - all in one place.

Mergr, the Easiest-to-Use PE and M&A DB


Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.8K Private Equity Firms
  • 214K M&A Transactions
  • 216K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.8K M&A Advisors
    (Investment Banks and Law Firms)
  • 83K M&A Contacts
    (PE and M&A Advisors)

What next?

Try Free

Full access to Mergr's investor, acquirer, and transaction data starts here.