M&A Deal Summary |
|
|---|---|
| Date | 2021-11-15 |
| Target | Accordia Golf |
| Sector | Leisure |
| Buyer(s) | Fortress |
| Sellers(s) | MBK Partners |
| Deal Type | Secondary Buyout |
| Deal Value | 3.5B USD |
SEARCH BY
| Category | Asset Manager |
|---|---|
| Founded | 1998 |
| PE ASSETS | 44.2B USD |
| Size | Mega |
| Type | Sector Agnostic |
Fortress is a public investment firm that manages hedge fund, credit, and private equity investments. Fortress' private equity practice primarily makes control-oriented investments in North American and Western European businesses with significant asset-bases and strong cash-flows. Fortress is open to investing in a wide range of sectors, however the Firm has tended towards capital intensive sectors. These include transportation, financials, senior living/healthcare, real estate, media & telecommunications, leisure and energy infrastructure. The pivate equity group also invests in publicly traded alternative investment vehicles, which Fortress refers to as 'castles' that primarily invest in real estate and real estate related debt. Fortress was formed in 1998 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 41 of 49 |
| Sector: Leisure M&A | 3 of 3 |
| Type: Secondary Buyout M&A Deals | 4 of 9 |
| Country: Japan M&A | 1 of 2 |
| Year: 2021 M&A | 2 of 3 |
| Size (of disclosed) | 4 of 21 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-10-29 |
NextNav
Reston, Virginia, United States NextNav is a provider of high-precision location services for mobile and wireless applications, delivering accurate positioning indoors and in GPS-challenged environments. NextNav was founded in 2007 and is based in Reston, Virginia. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-12-15 |
Punch
Burton upon Trent, United Kingdom Punch is a pub and bar operator in the United Kingdom, with around 1,300 leased pubs. Punch Taverns was formed in 1997 and is based in Burton upon Trent, United Kingdom. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2005 |
| PE ASSETS | 30.0B 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 | 21 of 21 |
| Sector: Leisure M&A | 1 of 1 |
| Type: Secondary Buyout M&A Deals | 5 of 5 |
| Country: Japan M&A | 5 of 5 |
| Year: 2021 M&A | 3 of 3 |
| Size (of disclosed) | 1 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-08-13 |
DN Solutions
Seoul, South Korea DN Solutions is a manufacturer of turning centers, machining centers and other precision machine tools. DN Solutions was founded in 1976 and is based in Seoul, South Korea. |
Sell | ₩2.40T |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-01-03 |
Dongjin Textile
Busan, South Korea Dongjin Textile is a specialized shoe textile manufacturing company that has production facilities in Vietnam and Indonesia. DJT is a key supplier of synthetic textiles to global athletic footwear brands, including Nike and Adidas. Dongjin Textile was founded in 1968 and is based in Busan, South Korea. |
Buy | $654M |
