Investment Summary

Affinity Equity Partners and EQT Private Capital Asia Invest In Shinhan Financial Group

On September 1, 2020, private equity firms Affinity Equity Partners and EQT Private Capital Asia invested in financial services company Shinhan Financial Group

Investment Highlights
  • This is Affinity Equity Partners’ 4th and EQT Private Capital Asia’s 4th transaction in the Financial Services sector.
  • This is Affinity Equity Partners’ 17th and EQT Private Capital Asia’s 5th transaction in South Korea.

Investment Summary

Date 2020-09-01
Target Shinhan Financial Group
Sector Financial Services
Investor(s) Affinity Equity Partners
EQT Private Capital Asia
Deal Type Stake Purchase

Target

Shinhan Financial Group

Seoul, South Korea
Shinhan Financial Group is a provider of financial products and services in South Korea and internationally. The company operates through five segments: banking, credit card, securities, life insurance, and others. Shinhan Financial Group was founded in 1982 and is based in Seoul, South Korea.

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

Investor(S) 2

Investor

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 38 of 46
Sector: Financial Services M&A 4 of 5
Type: Stake Purchase M&A Deals 11 of 13
Country: South Korea M&A 17 of 19
Year: 2020 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-15 UTAC

Singapore, Singapore

UTAC is a provider of test and assembly services for a wide range of semiconductor devices that includes memory, mixed signal/RF and logic integrated circuits. UTAC was formed in 1997 and is based in Singapore.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-01 aland

Taizhou, China

aland is a manufacturer of nutrition products in China. The company's main product is vitamin C tablets, providing customers with high-quality nutritional supplements and tablets. aland was founded in 1998 and is based in Taizhou, China.

Buy -
Investor

EQT Private Capital Asia

Hong Kong, China

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1997
PE ASSETS 125.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

EQT Private Capital Asia is an Asia-focused private equity group specializing in growth equity investments and buyouts of companies valued between $300 million and $1.5 billion. Baring looks for companies that require capital for organic expansion, recapitalizations, or to fund acquisitions. The Group's geographic coverage spans China, India, Japan, Singapore, Hong Kong, and Taiwan. EQT Private Capital Asia was formed in 1997 and is based in Hong Kong.


DEAL STATS #
Overall 48 of 69
Sector: Financial Services M&A 4 of 5
Type: Stake Purchase M&A Deals 9 of 11
Country: South Korea M&A 5 of 5
Year: 2020 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-06-25 HUTCHMED

Hong Kong, China

HUTCHMED is an innovative, commercial-stage biopharmaceutical company committed to the discovery and global development of targeted therapies and immunotherapies for the treatment of cancer and immunological diseases. HUTCHMED was founded in 2000 and is based in Hong Kong, China.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-04 Wall Street English

Hong Kong, China

Wall Street English is a provider of English language training to adults. Wall Street English was founded in 1972 and is based in Hong Kong, China.

Sell -