Terapin Studios (NPX Capital portfolio company) acquires Toomics for KRW 202bn
- Deal value
- $139m
- Stake
- —
- Implied 100%
- —
- Revenue
- $17m
- Op. income
- $1m
- Multiples
- —
2021 별도 · DART-verified
2021 별도 · DART-verified
DART 20220406001162
- Target
- Toomics · Webtoon platform
- Buyer
- Terapin Studios (NPX Capital portfolio company) · 기타
- Seller
- —
- Structure
- —
- Announced
- Jul 20, 2022
- Closed
- —
- Stage
- Closed
Target
Korean webtoon platform founded in 2015, serving nine languages, with reported revenue CAGR of 42% over 2018-2021. Its title 'Black Knight' was produced as a Netflix original series.
Deal rationale
NPX Capital founder Sam Hwang called Toomics a leader of Korea's digital entertainment growth. Terapin COO Ka Jong-hyun said Korean IP would gain global competitiveness through Terapin's infrastructure and funding, and Toomics co-CEO Kang Kyung-hoon said the company would leverage Terapin's global infrastructure, capital and operating know-how. The deal followed Terapin's December 2021 purchase of Copin Communications, with plans to extend IP across formats (Asia Economy).
| Revenue | $17m |
| Operating income | $1m |
| EBITDA | — |
| Net income | — |
2021 별도 · DART-verified · 20220406001162
Press coverage
- 아시아경제 (2022-07-20): “미화 1억6000만달러(약 2020억원)에 인수했다고”
This is a data entry summarising filings and press reports. Please check the original sources for the figures.