PwC performed financial due diligence on Se'A Mechanics Co., Ltd for Kstone Partners LLC and HPK Inc Consortium.

PwC Korea Deal 6 team is pleased to announce the acquisition of shares in Se'A Mechanics Co., Ltd for Kstone Partners LLC and HPK Inc Consortium.

Se'A Mechanics Co., Ltd, established in 1999, is a manufacturer of parts for rechargeable batteries as well as die cast parts for home appliances and automobiles. It supplies aluminum die casting parts to major television manufacturers and automakers.

Kstone Partners LLC, one of the new owners of Se'a Mechanics Co., Ltd, is a private equity firm in South Korea. It invested ADT Caps Co., Ltd and C&S Asset Management Co., Ltd. HPK, the new owner of Se'a Mechanics Co., Ltd, is a manufacturer of inspection and production equipment and supplies defect repair solutions for LG Electronics.

The PwC Korea Deal 6 team, led by Jin-Song Chung, provided financial due diligence and valuation service and successfully closed the transaction.