Investment Summary

Hankook & Company Invests In Preciseley

On December 8, 2021, Hankook & Company invested in semiconductors company Preciseley from BDC Capital and ACE Equity Partners

Investment Highlights
  • This is Hankook & Company’s 1st transaction in the Semiconductors sector.
  • This is Hankook & Company’s 1st transaction in Canada.
  • This is Hankook & Company’s 1st transaction in British Columbia.

Investment Summary

Date 2021-12-08
Target Preciseley
Sector Semiconductors
Investor(s) Hankook & Company
Sellers(s) BDC Capital
ACE Equity Partners
Deal Type Stake Purchase

Target

Preciseley

Burnaby, British Columbia, Canada
Preciseley is a fabless designer and supplier of a range of MEMS micro-mirror products with diverse applications across optical systems, telecommunications, sensors, and other fields. Preciseley was founded in 2006 and is based in Burnaby, British Columbia.

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Investor(S) 1

Investor

Hankook & Company

Seoul, South Korea

Category Company
Founded 2006
Sector Electrical Equipment
Revenue 1.39T KRW (2024)
DESCRIPTION

Hankook & Company produces high-performance, high-quality batteries for various industries, ranging from automotive batteries to batteries for ships and industrial batteries. Hankook & Company was founded in 2006 and is based in Seoul, South Korea.


DEAL STATS #
Overall 1 of 2
Sector: Semiconductors M&A 1 of 1
Type: Stake Purchase M&A Deals 1 of 1
State: British Columbia M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2021 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-11-08 Hanon Systems

Daedeok-gu, South Korea

Hanon Systems is a full-line automotive supplier of climate systems and components. Products include heating ventilation and air conditioning; compressors; powertrain cooling; fluid transport; and electric, hybrid and fuel cell vehicle thermal systems. Hanon Systems was founded in 1986 and is based in Daedeok-gu, South Korea.

Buy -

Seller(S) 2

DESCRIPTION

BDC Capital is the direct investment arm of financial services firm BDC. BDC Capital looks to invest in and provide financing to venture and growth-stage Canadian companies. The Firm's growth-stage investment unit looks to commit $3 to $35 million for minority positions in mid-market companies focused on growth. The Group does not have any sector preferences but does prefer to invest in profitable companies. BDC Capital is headquartered in Montreal.


DEAL STATS #
Overall 6 of 10
Sector: Semiconductors M&A 1 of 1
Type: Stake Purchase M&A Deals 1 of 1
State: British Columbia M&A 2 of 2
Country: Canada M&A 5 of 9
Year: 2021 M&A 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-28 MSP Corp

Guelph, Ontario, Canada

MSP Corp provide access to a full stack of solutions for accounting, tax, human resources, cybersecurity, outsourced helpdesk, colo-location, backup solutions, compliance, web hosting, and marketing. MSP Corp was founded in 2020 and is based in Guelph, Ontario.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-01 Seymour Health

Vancouver, British Columbia, Canada

Seymour Health is an operator of independent medical clinics in BC, operating integrated health facilities that serve the Greater Vancouver Area by providing access to a range of in-demand health services under one roof. Seymour Health was founded in 1937 and is based in Vancouver, British Columbia.

Buy -
SELLER

ACE Equity Partners

Investor


Category Private Equity Firm
Founded 2017
PE ASSETS 2.2B USD
Size Large
Type Sector Agnostic
DESCRIPTION

ACE Equity Partners is a private equity firm focused on buyout and growth capital investments in industrial technology and advanced manufacturing companies.The Firm seeks control positions in partnership with founders as well as corporate carve-out situations. Specific areas of interest include business services, electrical equipment, technology hardware, IT, semiconductors, and software. ACE Equity Partners was established in 2017 and is based in Seoul, South Korea.


DEAL STATS #
Overall 1 of 3
Sector: Semiconductors M&A 1 of 2
Type: Stake Purchase M&A Deals 1 of 1
State: British Columbia M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-21 ASM

West Perth, Australia

ASM is an emerging vertically integrated producer of critical metals for new growth industries, high technologies and sustainable energy solutions. ASM was founded in 2000 and is based in West Perth, Australia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-06 Routejade

Nonsan-si, South Korea

Routejade is providing lithium-ion batteries based on our patented encapsulation technology. Routejade was founded in 2000 and is based in Nonsan-si, South Korea.

Buy -