Locus Capital Partners (Locus), a cross-border M&A advisory firm, is pleased to announce that KTB Private Equity (KTB PE) has acquired Dongbu Express, the affiliate of Dongbu Group. Locus advised KTB PE in the transaction.
Dongbu Express provides cargo transportation, stevedoring, warehousing, passenger transportation and international logistics services.
KTB PE is a leading private equity firm in Korea and engages in buyout, growth capital, special situation and mezzanine investment opportunities in Korea and globally. KTB PE is glad to widening its investment portfolio throughout the transaction.
Locus managed and executed the deal processes including management of specific deal-closing schedule and strategy, financial advisory for MOU and SPA, price negotiation, etc. successfully.