26 February 2021

BDA awarded Best Deal of the Year in Korea

BDA Partners was awarded Best Deal of the Year 2020 at the 12th Korea IB Awards, for advising SK E&C on the acquisition of EMC Holdings from Affirma Capital.

SK E&C is the engineering and construction services arm of the SK Group, a leading conglomerate in Korea. EMC is the premier environmental services provider in Korea, with market-leading businesses in water treatment, incineration, landfill and waste oil refining.

Citi Global Market Securities was jointly awarded as the sellside advisor on the deal.

The Korea IB Awards are held by The Korea Economic Daily (Hankyung), the leading Korean publisher on economic and financial news.

The transaction is recognized as the biggest ESG deal to date by a Korean conglomerate. This has paved the way for other conglomerates to consider more seriously an ESG approach to local and overseas inorganic growth. Read more about the deal here.

Howard Lee, Partner and Head of Seoul at BDA Partners, said, “We are happy to have helped our clients achieve outstanding results in the Korean market through a challenging 2020. We are grateful for the trust our clients and counterparties have placed in us. We are committed to further strengthening our team, and delivering optimal outcomes for our clients in the future.”

BDA transactions in Korea in 2020:

BDA advises Hyosung on the sale of Hyosung Capital to ST Leaders

BDA advises SK Group on acquisition of EMC Holdings from Affirma Capital

BDA advises PAG on the sale of Young Toys to MiraeN Group

About BDA

BDA Partners is the global investment banking advisor for Asia. We are a premium provider of Asia-related advice to sophisticated clients globally, with 25 years’ experience advising on cross-border M&A, capital raising, and financial restructuring. We provide global reach with our teams in New York and London, and true regional depth through our seven Asian offices in Mumbai, Singapore, Ho Chi Minh City, Hong Kong, Shanghai, Seoul and Tokyo. BDA has deep expertise in the Chemicals, Consumer & Retail, Health, Industrials, Services and Technology sectors. We work relentlessly to earn our clients’ trust by delivering insightful advice and outstanding outcomes. BDA Partners has strategic partnerships with William Blair, a premier global investment banking business, and with DBJ (Development Bank of Japan), a Japanese government-owned bank with US$150bn of assets.

US securities transactions are performed by BDA Partners’ affiliate, BDA Advisors Inc., a broker-dealer registered with the Securities and Exchange Commission (SEC). BDA Advisors Inc. is a member of the Financial Industry Regulatory Authority (FINRA) and SIPC. In the UK, BDA Partners is authorised and regulated by the Financial Conduct Authority (FCA). In Hong Kong, BDA Partners (HK) Ltd. is licensed and regulated by the Securities & Futures Commission (SFC) to conduct Type 1 and Type 4 regulated activities to professional investors. www.bdapartners.com

Latest news