LOCUS ADVISES TRESCAL GROUP IN ITS ACQUISITION OF UNITHREE

Locus Capital Partners (Locus), a M&A advisory firm, is pleased to announce that Trescal Group, one of the leading calibration solution providers in France acquired Unithree.

Founded in 1999 in France, Trescal Group has rapidly expanded its business coverage in the world (30 countries worldwide) by acquiring various international calibration technical service providers to become a worldwide specialist in calibration service, repair offering, software solutions, and technical consulting. Trescal Group is positioned as an unrivaled leader in the field of precision calibration equipment.

Unithree is a professional calibration institution that calibrates various instruments used in industrial sites. It calibrates 110 items in 16 divisions in 5 major categories, including length, mass, force, pressure, hardness, electrical, temperature, humidity, and chemical analysis. It is located in Gangseo-gu, Busan, and provides on-site calibration services mainly to clients in Gyeongsang-do. Trescal acquired Unithree for its Bolt-on strategy to expand its calibration business in Korea.

Locus acted as an exclusive financial advisor to Trescal Group by managing and executing the entire deal process together with accounting, tax and legal advisors.

LOCUS ADVISES TRESCAL GROUP IN ITS ACQUISITION OF SCTI

Locus Capital Partners (Locus), a M&A advisory firm, is pleased to announce that Trescal Group, one of the leading calibration solution providers in France acquired Standard Calibration Technology Institute (SCTI).

Founded in 1999 in France, Trescal Group has rapidly expanded its business coverage in the world (29 countries worldwide) by acquiring various international calibration technical service providers to become a worldwide specialist in calibration service, repair offering, software solutions, and technical consulting. Trescal Group is positioned as an unrivaled leader in the field of precision calibration equipment.

Standard Calibration Technology Institute (SCTI) is a professional calibration institution that calibrates various instruments used in industrial sites. It calibrates 238 items in 33 divisions in 8 major categories, including length, mass, force/torque, pressure/vacuum, time/frequency, electromagnetism/electromagnetic wave, temperature/humidity. It is located in Danwon-gu, Ansan-si, and provides on-site calibration services to clients in Korea. Trescal acquired Standard Calibration Technology Institute (SCTI) for its Bolt-on strategy to expand its calibration business in Korea.

Locus acted as an exclusive financial advisor to Trescal Group by managing and executing the entire deal process together with accounting, tax, and legal advisors.

LOCUS ADVISES SALE OF SEOBU F&V

Locus Capital Partners (Locus), a M&A advisory firm, is pleased to announce that major shareholder and related parties sold their 100% stake in Seobu F&V, to IGEN PE. Locus acted as a sole financial advisor to Seoubu F&V’s shareholders in this transaction.

Seobu F&V is a fruit and vegetable auction company established in 1996. Since February 2004, the company has been designated as a wholesale company of Gangseo Market, located in Seoul. Seobu F&V engages in agricultural product sales brokerage. Agricultural products entrusted by the shipper are sold through an auction to intermediate wholesalers and participants and a certain percentage of the winning bid price is received as consignment sales fee.

IGEN PE, a private equity fund operator, acquired a 100% stake from Seobu F&V’s largest shareholder and related parties. IGEN PE is focusing on small and medium-sized business buyout investment. IGEN PE has resumed its buyout investment through this deal, since its acquisition of the golf club Anseong Q 2 years ago.

Locus acted as an exclusive financial advisor to Seobu F&V by managing and executing the entire deal process together with accounting, tax, and legal advisors.

LOCUS ADVISES SECONDARY SALE OF CB IN SAMG ENTERTAINMENT

Locus Capital Partners (Locus), a M&A advisory firm, is pleased to announce that as an advisor to Excelsior Capital Asia, an Asian-based private equity fund, successfully carried out a transaction to sell convertible bonds of SAMG Entertainment, a domestic content company.

Excelsior Capital Asia is a Hong Kong-based private equity fund operator established in 1988 and is actively investing in Asia region, including China, Hong Kong, Taiwan, and Korea. In addition to minority equity investments, Excelsior Capital Asia also participates in management acquisition transactions. Excelsior Capital Asia made an investment in SAMG Entertainment in 2016 and succeeded in full exit in five years through this transaction.

SAMG Entertainment is an animation studio founded by CEO Kim Soo-hoon in 2000. Numerous 3D characters have been implemented based on the company’s CGI (Computer-Generate Imager) technology. The company has successfully penetrated domestic and overseas markets as a specialized kids’ contents Intellectual Property Rights (IP) production company through “Mini Special Forces” and “Catch Tinyping”.

Locus acted as an exclusive financial advisor to Excelsior Capital Asia by managing and executing the entire deal process together with accounting, tax, and legal advisors.

LOCUS ADVISES TRESCAL GROUP IN ITS ACQUISITION OF SICT

Locus Capital Partners (Locus), a M&A advisory firm, is pleased to announce that Trescal Group, one of leading calibration solution provider in France acquired a controlling stake in Institute of Calibration & Technology (SICT), the largest Korea’s private calibration service provider in Korea to reinforce its position in the Korea’s calibration sector. Locus acted as an exclusive financial advisor to Trescal Group in this transaction.

Founded in 1999 in France, Trescal Group has rapidly expanded its business coverage in the world by acquiring various international calibration technical service providers to become a worldwide specialist in calibration service, repair offering, and calibration training and consulting. Headquartered in Paris, France, Trescal Group is located in 24 countries, covering Europe, Americas, Asia, and North Africa.

SICT is the Korea’s leading calibration service provider and a Korea Laboratory Accreditation Scheme (KOLAS) authorized calibration organization, with maximum accreditation areas in Korea of 35 medium scale categories and 358 items.

Through the bolt-on acquisition of SICT following the buyout of KTICC in December 2019, Trescal Group is targeting to further strengthen its operation in the Korean calibration market and diversify customer base.

Locus acted as an exclusive financial advisor to Trescal Group by managing and executing the entire deal process together with accounting, tax, and legal advisors.

LOCUS ADVISES INSCOBEE IN CB ISSUANCE OF INSCOBEE

Locus Capital Partners (Locus), a M&A advisory firm, is pleased to announce the Completion of Inscobee’s issuance of convertible bonds to domestic investors. Locus advised Inscobee in this debt offering.

Founded in 1970, Inscobee is a KOSPI-listed network management solution provider that also engages in bio research business covering medicines, vaccines for cervical cancer, papillomavirus, cosmeceuticals and nutraceuticals. Inscobee is seeking to use the funds into expanding its bio business.

Locus acted as an exclusive financial advisor to Inscobee by managing and executing the entire debt offering process together with accounting, tax, and legal advisors.

LOCUS ADVISES AMOREPACIFIC CORPORATION IN ITS ACQUISITION OF A 49% SIGNIFICANT MINORITY STAKE IN RATIONALE GROUP

Locus Capital Partners (Locus), a M&A advisory firm, is pleased to announce that Amorepacific, a leading global beauty company, has acquired a 49% significant minority stake in RATIONALE GROUP, a leading luxury skincare brand in Australia. Locus acted as a sole financial advisor to Amorepacific in this transaction.

Founded in 1945, Amorepacific is a global beauty company that operates more than 30 beauty, personal care, and healthcare brands such as Sulwhasoo, Laneige, Mamonde, Etude, and innisfree. The company was an early mover in expanding its operations overseas in 2002 and now has over 14 overseas subsidiaries operating globally.

Through acquisition of a significant minority stake in RATIONALE GROUP, which is a leading luxury skincare brand in Australia, Amorepacific is planning to expand its global brand presence in luxury skincare.

Locus acted as an exclusive financial advisor to Amorepacific by managing and executing the entire deal process together with accounting, tax, and legal advisors.

LOCUS ADVISES MILLET MOUNTAIN GROUP IN SALE OF GLOBAL EIDER BRAND TRADEMARK TO K2 GROUP

Locus Capital Partners (Locus), a M&A advisory firm, is pleased to announce that a mountain and outdoor apparel specialist Millet Mountain Group, part of the Swiss holding Calida Group, sold its Eider trademark to K2 Group, a Korea-based company holding various outdoor apparel brands. Locus acted as a sole financial advisor to Calida Group in this transaction.

Millet Mountain Group gathers together a conglomerate of three historical highly specialized outdoor and sports apparel brands: Millet, Eider and Lafuma. This group has French origins though it has become part of Calida Group, a Swiss holding company that also owns brands like Oxbow and the underwear brand Aubade among others. The three brands of Millet Mountain Group are Millet, technical and Alpine focused brand; Lafuma, horizontal accessible urban travel brand offering footwear, apparel and accessories, though specialized in functional backpacks; and Eider, a transversal protective brand that can be used for skiing but also in the city.

Through the sale of the Eider trademark to K2, Millet Mountain Group is planning to focus on the two remaining core brands: Millet and Lafuma in order to increase market share in global outdoor apparel industry. K2 Group is expected to expand its business into global market including China through the acquired global Eider trademark.

Locus acted as an exclusive financial advisor to Calida Group by managing and executing the entire deal processes together with accounting, tax, and legal advisors.

LOCUS ADVISES TRESCAL GROUP IN ITS ACQUISITION OF KTICC

Locus Capital Partners (Locus), a M&A advisory firm, is pleased to announce that Trescal Group, one of leading calibration solution provider in France acquired a controlling stake in Korea Testing Instruments Calibration Center (KTICC), a Korea’s calibration service provider. Locus acted as a sole financial advisor to Trescal Group in this transaction.

Founded in 1999 in France, Trescal Group has rapidly expanded its business coverage in the world by acquiring various international calibration technical service providers to become a worldwide specialist in calibration service, repair offering, and calibration training and consulting. Headquartered in Paris, France, Trescal Group is located in 24 countries, covering Europe, Americas, Asia, and North Africa. 

Through acquisition of KTICC, which is a Seoul-based calibration solution provider, Trescal Group is planning to expand its operation into Korean market with customer diversification.

Locus acted as an exclusive financial advisor to Trescal Group by managing and executing the entire deal process together with accounting, tax, and legal advisors.

LOCUS ANNOUNCES THE FORMATION OF DONGWOON ANATECH’S DC-DC BUSINESS JV IN CHINA

Locus Capital Partners (Locus), a M&A advisory firm, is pleased to announce the formation of Dongwoon Anatech’s DC-DC Business JV and sale of its related assets to Shenzhen Challenge Technology in China.

Dongwoon Anatec, a KOSDAQ listed fabless semiconductor company, designs, develops, and manufactures analog semiconductors for electronic devices such as mobile phones, tablets, wearable devices, lighting, and TVs. The company has formed Chinese AMOLED DC-DC business JV and sold its related assets to Shenzhen Challenge Technology in China to promote development, production and sales of AMOLED DC-DC products within China and the global market.

Locus acted as an exclusive financial advisor to Dongwoon Anatech by managing and executing the entire deal process together with accounting, tax, and legal advisors.