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New Deal


Announced

Completed

EQT completed the acquisition of a 68% stake in SK Shieldus from SK Square.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For68%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Single Bidder

Security Equipment

Private Equity

South Korea

Acquisition

Private

Friendly

security devices

Majority

Completed

Synopsis

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EQT, a private equity company, completed the acquisition of a 68% stake in SK Shieldus, a security devices manufacturer, from SK Square, an active portfolio management company. Financial terms were not disclosed. “SK Shieldus marks EQT Value-Add Infrastructure’s first investment in Korea and comes just weeks after EQT opened a new office here in Seoul. The company is a clear leader in Korean physical and cyber security markets. EQT Value-Add Infrastructure is excited about partnering with SK Square to support SK Shieldus as it continues to roll out new digitized security solutions and invest in the decarbonization of its vehicle fleet,” Sang Jun Suh, EQT Managing Director and Head of South Korea.

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