.
MergerLinks Header Logo

New Deal


Announced

Completed

NPX Capital-backed Terapin Studios completed the acquisition of Toomics for $160m.

Financials

Edit Data
Transaction Value£133m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Single Bidder

Cross Border

digital entertainment

Friendly

Majority

Acquisition

Completed

South Korea

Private Equity

Entertainment

comics

Private

Synopsis

Edit

NPX Capital-backed Terapin Studios, a company which brings entertainment through multiple mediums including webtoons, games, music, streaming, completed the acquisition of Toomics, a Korean webtoon platform, for $160m. “Toomics is a leading player that represents Korea’s growth in digital entertainment. Not only is it a platform that connects tens of millions of viewers, but also a digital content powerhouse that leverages its premier IP and production capabilities. The acquisition of Toomics will expedite our journey to establish and further strengthen the comprehensive content platform Terapin Studios is creating,” Samuel Hwang, NPX Capital Founder and CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US