M&A Deal Summary

Affinity Equity Partners Acquires Hyundai Commercial

On December 1, 2018, private equity firm Affinity Equity Partners acquired financial services company Hyundai Commercial

Acquisition Highlights
  • This is Affinity Equity Partners’ 3rd transaction in the Financial Services sector.
  • This is Affinity Equity Partners’ 14th transaction in South Korea.

M&A Deal Summary

Date 2018-12-01
Target Hyundai Commercial
Sector Financial Services
Buyer(s) Affinity Equity Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

Hyundai Commercial

Seoul, South Korea
Hyundai Commercial is a provider of commercial vehicle and corporate financing services. Hyundai Commercial provides equipment financing such as machinery for business, as well as working capital loans, real estate, and vessels financing and structured financing. Hyundai Commercial was founded in 2007 and is based in Seoul, South Korea.

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Buyer(S) 1

Buyer

Affinity Equity Partners

Hong Kong, China

Investor Investor Investor Investor Investor


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 34 of 46
Sector (Financial Services) 3 of 5
Type (Buyout (LBO, MBO, MBI)) 15 of 15
Country (South Korea) 14 of 19
Year (2018) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-01 UBASE

Seoul, South Korea

UBASE is a provider of call center and telemarketing services. UBASE was founded in 1998 and is based in Seoul, South Korea.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-01 Ramkhamhaeng Hospital

Bangkok , Thailand

Ramkhamhaeng Hospital operates a private hospital that provides medical services and operates through two segments, Hospital, and Others. Its hospital includes 3 patient buildings with approximately 485 beds. The company also sells medical equipment and instruments. Ramkhamhaeng Hospital was founded in 1988 and is based in Bangkok, Thailand.

Buy -