M&A Deal Summary

Terrapin Acquires Toomics

On July 19, 2022, Terrapin acquired digital media company Toomics from NPX Capital Private Equity for 160M USD

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

M&A Deal Summary

Date 2022-07-19
Target Toomics
Sector Digital Media
Buyer(s) Terrapin
Sellers(s) NPX Capital Private Equity
Deal Type Add-on Acquisition
Deal Value 160M USD

Target

Toomics

Seoul, South Korea
website
Toomics is a webtoon platform company that has over 60 million total subscribers available in multiple languages. Toomics was founded in 2015 and is based in Seoul, South Korea.

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Buyer(S) 1

Buyer

Terrapin

Guro-gu, South Korea

website


Category Company
Sector Media
DESCRIPTION

Terrapin is a global media company that leverages a wide range of intellectual property (IP) to evolve and expand the ways in which the world consumes entertainment content. Terrapin is based in Guro-gu, South Korea.


DEAL STATS #
Overall 1 of 1
Sector (Digital Media) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (South Korea) 1 of 1
Year (2022) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

DESCRIPTION

NPX Capital Private Equity is an investment firm focused on venture, growth, and buyout investments across a range of industries. Specific areas of interest include education services, healthcare, content, and technology. NPX seeks companies with globalization potential across Asia and North America. NPX Capital Private Equity was founded in 2016 and is based in Seoul, South Korea.


DEAL STATS #
Overall 1 of 1
Sector (Digital Media) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (South Korea) 1 of 1
Year (2022) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-18 Vive Studios

Gangnam-gu, South Korea

Vive Studios provides 3D CGI, VFX, and shooting technology. It has a one-stop pipeline from planning to production and software development, and enables fast and efficient content creation through the self-developed integrated control solution vivestudios immersitve technology. Vive Studios was founded in 2003 and is based in Gangnam-gu, South Korea.

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