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Announced

Completed

Temasek completed the acquisition of D’Crypt from StarHub for $72m.

Financials

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Transaction Value£59m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Friendly

Security Equipment

Singapore

security systems

Private

Single Bidder

Completed

Majority

Domestic

Private Equity

Synopsis

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Temasek completed the acquisition of D’Crypt, a security system supplier in Singapore, from StarHub, one of the three major telcos in the Republic of Singapore, for $72m. "In providing advanced digital security solutions to enterprise clients, cyber security and cryptography are complementary capabilities. Consolidating such domain expertise allows Ensign to project unrivalled market leadership, accelerate the development of capabilities, fuel its business growth and expand regional reach. We are excited that through this strategic alignment, StarHub will be able to tap on the combined expertise of both entities to create competitive advantage for our enterprise, 5G and IoT offerings, and enable our corporate clients to benefit from digital transformation," Peter Kaliaropoulos, StarHub CEO.

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