M&A Deal Summary |
|
|---|---|
| Date | 2013-08-26 |
| Target | Orange Life |
| Sector | Insurance |
| Buyer(s) | MBK Partners HK |
| Sellers(s) | ING Groep |
| Deal Type | Divestiture |
| Deal Value | 1.7B USD |
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| Category | Private Equity Firm |
|---|---|
| Founded | 2005 |
| PE ASSETS | 25.6B USD |
| Size | Mega |
| Type | Sector Agnostic |
MBK Partners is a private equity firm focused on opportunities throughout Northern Asia (Korea, Japan, China, and Taiwan). MBK specializes in a variety of transactions, including management buy-outs, corporate divestitures, take privates, and add-on acquisitions and will consider both majority and minority positions. Sectors of interest include telecommunication/media, financial services, heavy industrials, consumer, pharmaceuticals, and business services. MBK Partners was formed in 2005 and is based in Hong Kong. The Firm has additional offices in Seoul, Tokyo, and Shanghai.
| DEAL STATS | # |
|---|---|
| Overall | 18 of 42 |
| Sector (Insurance) | 2 of 2 |
| Type (Divestiture) | 3 of 7 |
| Country (South Korea) | 8 of 19 |
| Year (2013) | 3 of 4 |
| Size (of disclosed) | 2 of 15 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-04-01 |
NEPA
Seoul, South Korea NEPA is an outdoor player which designs and manufactures a full line of outdoor apparel and equipment under its proprietary NEPA brand. NEPA also distributes its products through over 300 exclusive stores. NEPA was founded in 2012 and is based in Seoul, South Korea. |
Buy | $521M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-11-11 |
Coway
Seoul, South Korea Coway has been dedicated to researching & developing solutions to combat Air Pollution problem. Coway has progressively improved lives of millions of individuals by offering unique Air Purifiers with Patented Filtration Technology. Coway was founded in 1989 and is based in Seoul, South Korea. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1762 |
| Sector | Financial Services |
| Employees | 57,000 |
| Revenue | 18.3B USD (2021) |
ING Groep is a diversified financial services company offering banking, investment, life insurance, and retirement services products and services. ING has operations throughout Europe, North America, and Asia. ING Groep was founded in 1762 and is based in Amsterdam, the Netherlands.
| DEAL STATS | # |
|---|---|
| Overall | 9 of 13 |
| Sector (Insurance) | 4 of 5 |
| Type (Divestiture) | 8 of 12 |
| Country (South Korea) | 1 of 1 |
| Year (2013) | 2 of 2 |
| Size (of disclosed) | 4 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-05-01 |
Voya
New York, New York, United States Voya is a diversified financial services company. Voya offers retirement, investment, and insurance products within the US. Voya was formerly known as ING US and was spun out of ING in 2013. Voya was founded in 1999 and is based in New York, New York. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-05-20 |
ING Employee Benefits Global Network
Brussels, Belgium ING Employee Benefits Global Network is a network of insurance companies working together to provide multinational employers and their employees with the best possible employee benefit solutions worldwide. |
Sell | - |
