Investment Summary

MBK Partners and Bain Capital Private Equity Invest In Kbank

On June 29, 2021, private equity firms MBK Partners and Bain Capital Private Equity invested in financial services company Kbank

Investment Highlights
  • This is MBK Partners’ 4th and Bain Capital Private Equity’s 6th transaction in the Financial Services sector.
  • This is MBK Partners’ 17th and Bain Capital Private Equity’s 3rd transaction in South Korea.

Investment Summary

Date 2021-06-29
Target Kbank
Sector Financial Services
Investor(s) MBK Partners
Bain Capital Private Equity
Deal Type Stake Purchase

Target

Kbank

Seoul, South Korea
Kbank offers innovative banking services which are processed entirely online through its internet and mobile platforms. K Bank provides a broad range of services online, including account opening, loan application approvals, credit assessment and credit card issuance. Kbank was founded in 2016 and is based in Seoul, South Korea.

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Investor(S) 2

Investor

MBK Partners

Hong Kong, China

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2005
PE ASSETS 30.0B 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 38 of 48
Sector: Financial Services M&A 4 of 4
Type: Stake Purchase M&A Deals 9 of 10
Country: South Korea M&A 17 of 22
Year: 2021 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-30 Tsukui Holdings

Yokohama-shi, Japan

Tsukui Holdings has been taking care of senior citizens for 37 years. The Company is daytime care service provider, with almost 750 care facilities in the country. Tsukui Holdings also provides home-visiting care services and operates nursing care homes for the elderly. Tsukui Holdings was founded in 1969 and is based in Yokohama-shi, Japan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-09 Car

Beijing, China

Car is a provider of automobility, car rental and fleet rental services to individual and corporate customers. The company's technology- and innovation-driven business model, combined with the effective strategy of expansion along the value chain, enables it to provide auto mobility solutions that evolve with times, enhance customer experience, and capture opportunities arising from revolutionary changes in the auto related industry. Car was founded in 2007 and is based in Beijing, China.

Buy $1.1B
Investor

Bain Capital Private Equity

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1984
PE ASSETS 44.2B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Bain Capital Private Equity (BCPE), is the private equity investment arm of alternative asset management firm, Bain Capital. BCPE targets leveraged buyout and growth capital transactions in a wide variety of industries including information technology, communications, media, healthcare, industrial/manufacturing, retail/consumer, and financial services. Bain Capital is based in Boston with additional offices in New York, London, Mumbai, Hong Kong, Shanghai, Tokyo, and Munich.


DEAL STATS #
Overall 204 of 251
Sector: Financial Services M&A 6 of 8
Type: Stake Purchase M&A Deals 21 of 22
Country: South Korea M&A 3 of 3
Year: 2021 M&A 10 of 18
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-23 Icelandair Group

Reykjavik, Iceland

Icelandair Group operates in the international airline and tourism sectors for decades. Icelandair Group's fleet comprised a total of 46 aircraft, of which 36 were owned by the Company. Icelandair Group was founded in 1937 and is based in Reykjavik, Iceland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-14 Carson Group

Omaha, Nebraska, United States

Carson Group is a provider of wealth management tools and services to financial advisors and direct clients. Carson’s flagship partner program offers an integrated technology platform for advisors, offering services including asset management, research, marketing, and compliance. Carson Group was founded in 1983 and is based in Omaha, Nebraska.

Buy -