M&A Deal Summary

Giosis Gmarket International Pte. Acquires TMON

On August 25, 2022, Giosis Gmarket International Pte. acquired e-commerce company TMON from KKR and Anchor Equity Partners

Acquisition Highlights
  • This is Giosis Gmarket International Pte.’s 1st transaction in the E-Commerce sector.
  • This is Giosis Gmarket International Pte.’s 1st transaction in South Korea.

M&A Deal Summary

Date 2022-08-25
Target TMON
Sector E-Commerce
Buyer(s) Giosis Gmarket International Pte.
Sellers(s) KKR
Anchor Equity Partners
Deal Type Add-on Acquisition

Target

TMON

Seoul, South Korea
TMON is a mobile-first, e-commerce platform that provides a premium online and mobile shopping experience to customers across South Korea. TMON offers a curated selection of discounted items across the categories of Goods, Local Services, and Travel. TMON was founded in 2010 and is based in Seoul, South Korea.

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Buyer(S) 1

Buyer

Giosis Gmarket International Pte.

Singapore, Singapore

Category Company
Founded 2010
Sector E-Commerce
DESCRIPTION

Qoo10 is an online marketplace platform that allows its buyers enjoy highly secure and convenient shopping experience.


DEAL STATS #
Overall 1 of 1
Sector: E-Commerce M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: South Korea M&A 1 of 1
Year: 2022 M&A 1 of 1

Seller(S) 2

SELLER

KKR

New York, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1976
PE ASSETS 267.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION
KKR's office in Menlo Park, California.
KKR's office in Menlo Park, California.

KKR is a global investment firm founded by Jerome Kohlberg, Henry Kravis, and George Roberts. The Firm is separated into several business segments including private markets, public markets, capital markets, and other principal activities. KKR's private equity practice invests in management buyouts, take privates, corporate divestitures, industry consolidations, and partnerships with family-owned companies. KKR will invest in a broad range of industries and companies and will consider businesses throughout North America, Europe, Asia, and Australia/New Zealand. Sectors of interest include chemicals, consumer products, energy and natural resources, financial services, healthcare, industrial, media/communications, retail, and technology. In addition to its traditional principal investment activity business, KKR also invests in infrastructure assets. KKR was formed in 1976 and is based in New York, New York.


DEAL STATS #
Overall 182 of 215
Sector: E-Commerce M&A 5 of 5
Type: Add-on Acquisition M&A Deals 62 of 69
Country: South Korea M&A 3 of 4
Year: 2022 M&A 10 of 12
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-24 Ruichen Pet Hospital Group

Beijing, China

Ruichen provides pet-focused medical services that include healthcare, laboratory diagnosis, grooming and pet products. Ruichen Pet Hospital Group is based in Beijing, China.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-20 Hero Future Energies

London, United Kingdom

Hero Future Energies is an independent renewable energy power producer with a scaled and diversified operating portfolio of 1.6GW of wind and solar projects. Hero Future Energies was founded in 2012 and is based in London, United Kingdom.

Buy -
SELLER

Anchor Equity Partners


Category Private Equity Firm
Founded 2012
PE ASSETS 5.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Anchor Equity Partners is a private equity investment firm based in Seoul, South Korea.


DEAL STATS #
Overall 3 of 4
Sector: E-Commerce M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: South Korea M&A 3 of 3
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-16 Airoha Technology

Hsinchu, Taiwan

Airoha Technology is a fabless IC design company focusing on the Infrastructure of Fixed Broadband Network and Advanced Artificial Intelligence of Things Technologies. Airoha Technology was founded in 2001 and is based in Hsinchu, Taiwan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-19 Airoha Technology

Hsinchu, Taiwan

Airoha Technology is a fabless IC design company focusing on the Infrastructure of Fixed Broadband Network and Advanced Artificial Intelligence of Things Technologies. Airoha Technology was founded in 2001 and is based in Hsinchu, Taiwan.

Sell -