Investment Summary

Huayi Brothers Media Invests In Galaxy Technology

On July 1, 2013, Huayi Brothers Media invested in digital media company Galaxy Technology from Ascend Capital Partners

Investment Highlights
  • This is Huayi Brothers Media’s 1st transaction in the Digital Media sector.
  • This is Huayi Brothers Media’s 1st transaction in China.

Investment Summary

Date 2013-07-01
Target Galaxy Technology
Sector Digital Media
Investor(s) Huayi Brothers Media
Sellers(s) Ascend Capital Partners
Deal Type Stake Purchase

Target

Galaxy Technology

GuangZhou, China
Galaxy Technology is one of the pioneer game developers focusing on mobile online game area. Galaxy Technology has introduced to the market several online mobile games, Journey to the West Online (Kjava), Dream Back to Journey to the West( Web/Kjava), Space Hunter(Android/iOS), etc, all highly praised by users and peers

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Investor(S) 1

Investor

Huayi Brothers Media

Beijing, China

Category Company
Founded 1994
Sector Media
DESCRIPTION

Huayi Brothers Media Corp. is one of the largest private entertainment groups in China. Company is the owner, producer and distributor of some of china & other most popular film and television productions and leads the entertainment Industry.


DEAL STATS #
Overall 1 of 1
Sector: Digital Media M&A 1 of 1
Type: Stake Purchase M&A Deals 1 of 1
Country: China M&A 1 of 1
Year: 2013 M&A 1 of 1

Seller(S) 1

DESCRIPTION

Ascent Capital Partners is a financial advisory firm and private equity investor focused on opportunities in China. Ascend Capital Partners was formed in 1999 and is based in Beijing.


DEAL STATS #
Overall 4 of 5
Sector: Digital Media M&A 1 of 1
Type: Stake Purchase M&A Deals 1 of 1
Country: China M&A 4 of 5
Year: 2013 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-01-01 EBS

Taipei, Taiwan

EBS engages in developing alternative therapy products, holistic natural food supplements and probiotics, and creating a series of diagnostic systems using biochip detection technology to detect immune system related diseases in both people and animals. EBS was founded in 2004 and is based in Taipei, Taiwan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-28 Tongtech

Beijing, China

TongTech is a pioneer and the most recognized vender in developing middleware uniquely tailored for China's IT environment. Tongtech is the only home-grown software developer specializing in middleware and infrastructure solutions that can directly compete with international world-class software providers such as BEA System and IBM. Tongtech was founded in 1992 and is based in Beijing, China.

Sell -