M&A Deal Summary

Hillhouse Acquires SK eco prime

On December 28, 2023, private equity firm Hillhouse acquired energy services and equipment company SK eco prime from Hahn & Company

Acquisition Highlights
  • This is Hillhouse’s 1st transaction in the Energy Services and Equipment sector.
  • This is Hillhouse’s 1st transaction in South Korea.

M&A Deal Summary

Date 2023-12-28
Target SK eco prime
Sector Energy Services and Equipment
Buyer(s) Hillhouse
Sellers(s) Hahn & Company
Deal Type Secondary Buyout

Target

SK eco prime

Seoul, South Korea
SK eco prime is an eco-friendly bioenergy company, that creates bioenergy products using our world-class technology and supply them to customers. SK eco prime was founded in 2007 and is based in Seoul, South Korea.

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Buyer(S) 1

DESCRIPTION

Hillhouse Capital Management is a private investment firm focused on opportunities throughout Asia. The Firm will invest at all company stages, including seed investments, buyouts, and listed equities. Areas of interest include consumer and health. Hillhouse Capital Management is based in Hong Kong.


DEAL STATS #
Overall 12 of 12
Sector: Energy Services and Equipment M&A 1 of 1
Type: Secondary Buyout M&A Deals 4 of 4
Country: South Korea M&A 1 of 1
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-09 George Clinical

Newtown, Australia

George Clinical provides the full range of clinical trial services to biopharmaceutical, medical device, and diagnostic customers, for all trial phases, registration and post-marketing trials. George Clinical was founded in 2005 and is based in Newtown, Australia.

Buy -

Seller(S) 1

SELLER

Hahn & Company

Investor


Category Private Equity Firm
Founded 2010
PE ASSETS 3.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Hahn & Company is a South Korean private equity firm focused on acquiring majority positions in companies. The Firm does not have any sector preferences and looks to have direct and active involvement in the companies acquired. Hahn & Company was formed in 2010 and is based in Seoul.


DEAL STATS #
Overall 2 of 3
Sector: Energy Services and Equipment M&A 1 of 1
Type: Secondary Buyout M&A Deals 1 of 1
Country: South Korea M&A 2 of 3
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-31 Solmics

Gyeonggi-do, South Korea

Solmics specializes in semiconductor parts and provides the best solution to customers through its innovative technologies and quality leadership. Solmics is based in Gyeonggi-do, South Korea. ,

Buy $267M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-05 SsangYong C&E

Seoul, South Korea

SsangYong C&E is a cement manufacturer. SsangYong C&E was founded in 1962 and is based in Donghae, South Korea.

Buy $525M