M&A Deal Summary

Affinity Equity Partners Acquires ScotPac

On September 24, 2018, private equity firm Affinity Equity Partners acquired financial services company ScotPac for 612M AUD

Acquisition Highlights
  • This is Affinity Equity Partners’ 2nd transaction in the Financial Services sector.
  • This is Affinity Equity Partners’ 4th largest (disclosed) transaction.
  • This is Affinity Equity Partners’ 5th transaction in Australia.

M&A Deal Summary

Date 2018-09-24
Target ScotPac
Sector Financial Services
Buyer(s) Affinity Equity Partners
Deal Type Going Private
Deal Value 612M AUD

Target

ScotPac

Sydney, Australia
ScotPac works with business owners that need financing to support expansion, boost working capital and daily cash flow, and make acquisitions. Its debtor and trade finance services range from corporate credit lines and bad debt protection to credit lines for imports and multi-level supply chain finance solutions. ScotPac was established in 1988 and is based in Sydney, Australia.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

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 32 of 46
Sector: Financial Services M&A 2 of 5
Type: Going Private M&A Deals 2 of 2
Country: Australia M&A 5 of 5
Year: 2018 M&A 2 of 4
Size (of disclosed) 4 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-27 Tegel

Auckland, New Zealand

Tegel manufactures a range of other processed meat products, including sausages, for which it is the country's second-largest producer. It has a network of 38 breeder farms, three hatcheries, 93 farms, three processing plants, and five distribution centers. Tegel was established in 1961 and is based in Auckland, New Zealand.

Sell NZ$438M
FOLLOWING 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 -