27 June 2022
Euan Rellie on The Korea Economic Daily: Carve-out, bolt-on key themes driving M&As
By Chang-Jae Yoo
22 June 2022
“Amid escalating market uncertainties, M&As are not just a growth tactic but survival tools for businesses,” said Euan Rellie, Co-founder and Managing Partner at BDA Partners.
He pointed out that two kinds of M&A activities will be highlighted going forward: bolt-on acquisitions by strengthening what companies are good at; and business unit carve-outs by divesting what they are not good at.
“A new ecosystem was created through ESG, going far beyond the simple existing M&A industry. The concept of a circular economy is being established through ESG while the existing value-chain was based on a uniform structure from the seller to the consumer.”
“Therefore, I believe that there is still a lot of space to be improved on and to flourish, and more various structures of ESG M&A will be delivered at the global level. BDA also played a critical role in the ESG M&A market as an advisor for SK ecoplant’s full acquisition of e-waste recycling firm TES Envirocorp and the $50 million Series B funding of climate change investment firm Pollination.”
Read the full interview.
About BDA Partners
BDA Partners is the global investment banking advisor for Asia. We are a premium provider of Asia-related advice to sophisticated clients globally, with over 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. bdapartners.com