M&A Deal Summary

KT Acquires Korea Digital Satellite Broadcasting

On January 27, 2011, KT acquired media company Korea Digital Satellite Broadcasting from Affinity Equity Partners for 246M KRW

Acquisition Highlights
  • This is KT’s 1st transaction in the Media sector.
  • This is KT’s largest (disclosed) transaction.
  • This is KT’s 1st transaction in South Korea.

M&A Deal Summary

Date 2011-01-27
Target Korea Digital Satellite Broadcasting
Sector Media
Buyer(s) KT
Sellers(s) Affinity Equity Partners
Deal Type Add-on Acquisition
Deal Value 246M KRW

Target

Korea Digital Satellite Broadcasting

Seoul, South Korea
website
Korean digital satellite paid-TV broadcaster with over 2 million subscribers.

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Buyer(S) 1

Buyer

KT

Seongnam, South Korea

website


Category Company
Founded 1981
Sector Communications
Employees20,705
Revenue 24.90T KRW (2021)
DESCRIPTION

KT also known as KT formerly Korea Telecom, in Korean ???? ???, is a South Korean integrated wired/wireless telecommunication service provider. KT was founded in 1981 and is based in Seongnam, South Korea.


DEAL STATS #
Overall 1 of 2
Sector (Media) 1 of 1
Type (Add-on Acquisition) 1 of 2
Country (South Korea) 1 of 1
Year (2011) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-09 Epsilon Telecommunications

Singapore, Singapore

Epsilon Telecommunications is a global connectivity provider that simplifies how businesses connect applications and data around the world and in the cloud. Epsilon Telecommunications was formed in 2002 and is based in Singapore.

Buy -

Seller(S) 1

SELLER

Affinity Equity Partners

Hong Kong, China

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 2004
PE ASSETS 14.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Affinity Equity Partners is an independent private equity firm focused on traditional buyout and control oriented investments across Asia-Pacific valued up to US$1 billion. Sectors of interest include businesses in consumer-related goods and services, value-added manufacturing, healthcare, financial services and business services. Affinity prefers companies with an established track record as well as proven, consistent earning power and cash flow generating ability. Affinity will not consider investments in real estate, biotechnology, tobacco, oil and gas exploration, and weaponry development and sales. Affinity Equity Partners was spun out of UBS Capital Asia Pacific in 2004 and is headquartered in Hong Kong.


DEAL STATS #
Overall 8 of 22
Sector (Media) 1 of 2
Type (Add-on Acquisition) 7 of 14
Country (South Korea) 5 of 10
Year (2011) 1 of 3
Size (of disclosed) 9 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-07-06 Loscam

Box Hill Victoria, Australia

LOSCAM provides returnable packaging solutions and equipment used to store and move products through supply chains. We have built our reputation by providing outstanding customer service, innovative products and tailored solutions to our customers.

Sell $650M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-02-13 Jaya Holdings

Singapore

The Jaya Group traces its origins to 1981 when three young friends came together to form a single-vessel owning company. From then, and through the eighties, Jaya grew to own and operate a fleet of tugs and barges, plying regionally. The Group was listed on the Singapore Stock Exchange in 1992. Thereafter, it forayed into ownership and chartering of conventional and container vessels, before taking a strategic decision to focus on the Offshore Energy domain.

Sell $206M