M&A Deal Summary

VCI Global Acquires LuxMotion

On March 17, 2025, VCI Global acquired internet software and services company LuxMotion for 19M USD

Acquisition Highlights
  • This is VCI Global’s 1st transaction in the Internet Software and Services sector.
  • This is VCI Global’s largest (disclosed) transaction.
  • This is VCI Global’s 1st transaction in Malaysia.

M&A Deal Summary

Date 2025-03-17
Target LuxMotion
Sector Internet Software and Services
Buyer(s) VCI Global
Deal Type Add-on Acquisition
Deal Value 19M USD

Target

LuxMotion

Kuala Lumpur, Malaysia
LuxMotion is an AI-powered luxury supercar e-commerce platform, transforming high-end automotive services through advanced digital innovation. The company provides a seamless, technology-driven approach to luxury car ownership, offering buyer-centric solutions and premium chartered car services tailored to the needs of high-net-worth clients. LuxMotion is based in Kuala Lumpur, Malaysia.

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Buyer(S) 1

Buyer

VCI Global

Kuala Lumpur, Malaysia

Category Company
Founded 2013
Sector Diversified
Employees58
Revenue 124M MYR (2024)
DESCRIPTION

VCI Global is a diversified global holding company with a strategic focus on AI & robotics, fintech, cybersecurity, renewable energy, and capital market consultancy. VCI Global was founded in 2013 and is based in Kuala Lumpur, Malaysia.


DEAL STATS #
Overall 1 of 2
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 2
Country: Malaysia M&A 1 of 1
Year: 2025 M&A 1 of 2
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-07-07 Secure Encryption Storage

Hong Kong, China

Secure Encryption Storage is an encryption hardware company that offers deployment across sensitive environments in Asia, including government agencies, telecom operators, financial institutions, aviation networks, and mobile device manufacturers. Its hardware is built on both symmetric and asymmetric cryptographic standards and designed for resilience against emerging quantum decryption threats.

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