Korea Investment Partners to acquire 73.78% of M&C Solution (terminated)
- Deal value
- —
- Stake
- 73.78%
- Implied 100%
- —
- Revenue
- $278m
- Op. income
- $39m
- Multiples
- —
2025 별도 · DART-verified
2025 별도 · DART-verified
DART 20260318000447
- Target
- M&C Solution · Defense motion control components
- Buyer
- Korea Investment Partners · FI
- Seller
- Socius PE / Well to Sea Investment consortium
- Structure
- —
- Announced
- Mar 12, 2026
- Closed
- —
- Stage
- Terminated
Target
Supplier of defense motion-control and hydraulic components for Korean weapon systems including the K9 howitzer, K2 tank, Chunmoo and Redback; formed when the former Doosan Mottrol unit, sold by Doosan during its 2020 restructuring, was split in December 2023 into defense (M&C Solution) and civilian (Mottrol) entities (Herald Economy, Hankyung Business).
Deal rationale
The Socius–Welltosee consortium, which bought Doosan Mottrol for KRW 453bn, split and listed the business and in March 2026 named Korea Investment Partners' PE division preferred bidder for its 73.78% control stake, then estimated at about KRW 1tn (EV about KRW 1.2tn) (Herald Economy). The share price subsequently fell from the 60,000-won range to around 10,000 won, widening the gap between control price and market price, and talks collapsed in August 2026 over valuation differences (Herald Economy, IB Tomato).
| Revenue | $278m |
| Operating income | $39m |
| EBITDA | — |
| Net income | — |
2025 별도 · DART-verified · 20260318000447
Press coverage
- 헤럴드경제 (2026-03-15): “시장에서는 이번 거래 규모를 약 1조원 안팎으로 추산하고 있다.”
- 헤럴드경제 (2026-08-20): “최근 최대주주인 소시어스프라이빗에쿼티(PE)·웰투시인베스트먼트 컨소시엄과 한국투자파트너스 PE본부 간 경영권 매각 협상이 최종 무산됐다.”
- 뉴스토마토(IB토마토) (2026-08-31): “이번 달 매각이 최종 무산된 엠앤씨솔루션”
- 한경비즈니스 (2024-10-05): “소시어스-웰투시 컨소시엄에 4530억원에 매각”
This is a data entry summarising filings and press reports. Please check the original sources for the figures.