M&A Deal Summary

MBK Partners HK Acquires Nexflex

On March 22, 2023, private equity firm MBK Partners HK acquired electrical equipment company Nexflex for 530.0B KRW

Acquisition Highlights
  • This is MBK Partners HK’s 2nd transaction in the Electrical Equipment sector.
  • This is MBK Partners HK’s 11th largest (disclosed) transaction.
  • This is MBK Partners HK’s 20th transaction in South Korea.

M&A Deal Summary
Date 2023-03-22
Target Nexflex
Sector Electrical Equipment
Buyer(s) MBK Partners HK
Deal Type Buyout (LBO, MBO, MBI)
Deal Value 530.0B KRW

Target

Nexflex

Jeungpyeong-gun, South Korea
Nexflex is specialized in manufacturing FCCL, a key material for the flexible printed circuit. Nexflex was founded in 2018 and is based in Jeungpyeong-gun, South Korea.

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Buyer(S) 1

Buyer

MBK Partners HK

Hong Kong, China

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2005
PE ASSETS 25.6B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

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 42 of 44
Sector (Electrical Equipment) 2 of 2
Type (Buyout (LBO, MBO, MBI)) 18 of 18
Country (South Korea) 20 of 21
Year (2023) 2 of 4
Size (of disclosed) 11 of 17
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-25 Osstem Implant

Seoul, South Korea

Osstem Implant is a global leading dental implant developer and manufacturer. Osstem Implant distributes dental implants and equipment to over 90 countries. Osstem Implant was founded in 1997 and is based in Seoul, South Korea.

Buy ₩2.10T
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-03-31 Medit

Seoul, South Korea

Medit is a provider of 3D measurement and CAD/CAM solutions. Medit specializes in model and impression 3D scanners for dental clinics and labs, including intraoral scanners, based on our own patented state-of-the-art technology. Medit was founded in 2000 and is based in Seoul, South Korea.

Buy ₩2.50T
Mergr

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