M&A Deal Summary

VIG Partners Acquires Siltron

On December 17, 2007, private equity firm VIG Partners acquired semiconductors company Siltron for 761M USD

Acquisition Highlights
  • This is VIG Partners’ 1st transaction in the Semiconductors sector.
  • This is VIG Partners’ largest (disclosed) transaction.
  • This is VIG Partners’ 4th transaction in South Korea.

M&A Deal Summary
Date 2007-12-17
Target Siltron
Sector Semiconductors
Buyer(s) VIG Partners
Deal Type Buyout (LBO, MBO, MBI)
Deal Value 761M USD

Target

Siltron

Gumi, South Korea
Siltron is a manufacturer of silicon wafer mainly used for semiconductors. Siltron, a major supplier to both Samsung Electronics and Hynix, is the only silicon wafer manufacturer based in Korea, and is one of the five major global wafer manufacturers. Siltron is also expanding into silicon wafers for solar cell, which is expected to grow rapidly in the future. Siltron was founded in 1983 and is based in Gumi, South Korea.

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Buyer(S) 1

Buyer

VIG Partners

Seoul, South Korea

Investor Investor

Category Private Equity Firm
Founded 2005
PE ASSETS 3.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Vogo Investment is a Korean buyout fund focused on control and significant minority equity investments in a broad range of Korean companies. The Firm generally targets transactions requiring equity of $50 to $300 million and works closely with management to streamline operations and locate growth opportunities. Broad areas of interest include consumer products, financial services, electronics, mobile commerce, and insurance. VIG Partners was formerly known as Vogo Investment Group. VIG was formed in 2005 and is based in Seoul.

DEAL STATS #
Overall 4 of 21
Sector (Semiconductors) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 4 of 18
Country (South Korea) 4 of 21
Year (2007) 2 of 2
Size (of disclosed) 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-02-01 iRiver

Seoul, South Korea

iRiver is a Korea-based digital multimedia device manufacturer. Iriver is a market leader in the Korean MP3 player as well as electronic dictionary segments. Iriver has expanded its product portfolio to include portable media players, car navigation systems, e-books and landline/wireless network devices.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-10-08 Tong Yang Life Insurance

Seoul, South Korea

Tong Yang Life Insurance is a mid-sized life insurance company that offers a wide range of life insurance products and services through diverse distribution channels. Tong Yang Life Insurance was founded in 1989 and is based in Seoul, South Korea.

Sell -
Mergr

Product

Company

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