Genesis PE acquires 100% of Capstec for KRW 79.2bn
- Deal value
- $55m
- Stake
- 100%
- Implied 100%
- $55m
- Revenue
- $174m
- Op. income
- $3m
- Multiples
- EQV/EBIT 18.0xPSR 0.3x
Deal value ÷ stake (structure unconfirmed)
2025 별도 · DART-verified
2025 별도 · DART-verified
On implied equity value
DART 20260401003701
- Target
- Capstec · Security staffing & facility management
- Buyer
- Genesis PE · FI
- Seller
- SK Shieldus / Company H
- Structure
- —
- Announced
- Jul 24, 2026
- Closed
- Aug 14, 2026
- Stage
- Closed
Target
SK Shieldus subsidiary spun off from ADT Caps' guard-staffing unit in 2005, providing security staffing and management, smart building management, physical-security consulting, cleaning and parking management and total outsourcing; 2025 revenue of KRW 252.5bn and operating profit of KRW 4.39bn, a margin of about 1%.
Deal rationale
According to Herald Economy, Genesis PE bought Capstec to build out its bolt-on strategy in apartment-complex management, combining Capstec's facility and security capabilities with its apartment-management volume and extending Capstec from commercial to residential properties; SK Shieldus was reported to be divesting a low-margin, labor-intensive non-core business that did not fit its AI, cloud and cybersecurity growth strategy. Sellers were SK Shieldus (80.02%) and Company H (19.98%), the personal investment vehicle of former Iljin Materials chairman Huh Jae-myung.
| Revenue | $174m |
| Operating income | $3m |
| EBITDA | — |
| Net income | — |
2025 별도 · DART-verified · 20260401003701
Press coverage
- 헤럴드경제(Daum) (2026-07-24): “캡스텍 매각 우선협상대상자로 제네시스PE를 선정했다”
- 딜사이트 (2026-07-24): “SK쉴더스가 자회사 캡스텍의 지분 100%를 제네시스PE에 매각한다.”
- 헤럴드경제(Daum) (2026-07-24): “캡스텍의 지난해 매출은 2525억원에 달하지만 영업이익은 43억8800만원 수준으로”
This is a data entry summarising filings and press reports. Please check the original sources for the figures.