Netmarble seeks M&A professionals The gaming company needs M&A professionals for the PMI following Coway acquisition
Translated by Kim So-in 공개 2020-02-19 08:00:38
이 기사는 2020년 02월 19일 08:00 thebell 에 표출된 기사입니다.
South Korea’s Netmarble has rolled up its sleeves to hire mergers and acquisitions (M&A) professionals to handle post-merger integration (PMI) process following its acquisition of Woongjin Coway.According to industry sources on Monday, Netmarble posted a job opening on its website earlier this month that the gaming company is looking for investment analysts. The role involves handling tasks relative to investment, post-management of investee companies, and researching on industry and management.
Specifically, investment analysts will hunt for investment opportunities, build investment structure and execute works related to contracts. Netmarble also involved ‘works related to PMI’ as one of the job descriptions, implying the gaming firm is seeking a manager for newly-acquired Woongjin Coway.
Netmarble has been quite active in M&A industry, acquiring and investing in a variety of games companies. The South Korea’s gaming firm bought U.S.-based Jam City in 2015 and Canada-based Kabam in 2017. Netmarble tried to acquire social casino gaming giant Playtika for four trillion won in 2016, although it was beaten by a Chinese competitor.
However, Netmarble’s strong M&A activities have been limited to the gaming industry. Despite its investment in Big Hit Entertainment, Kakao Bank, and companies in artificial intelligence (AI), big data and blockchain industries, the investment amount has been insignificant and profits from those investments have been small.
Such backdrop has surprised market watchers when Netmarble made an unexpected move to participate in a final bidding for Woongjin Coway. Since then, market watchers have paid keen attention to the games company’s growth strategies after the acquisition. Many view that the latest hiring of an M&A professional is to secure talents to materialize its roadmap after the takeover.
After picked as the preferred bidder of Woongjin Coway, Netmarble envisioned combining its games knowledge such as artificial intelligence, cloud and big data technology with Coway’s rental service to foray into subscription-based smart home business.
“Netmarble has made large and small investments so far, but they were largely limited to the gaming industry. The acquisition of Woongjin Coway may have prompted the company to secure strategic investment and post-merger professionals,” said an IB industry insider.
Candidates who have five or more years of experience in corporate and industry research; have analytical skills on finance, corporate and industry; have communication skills and networks which can be utilized in the investment industry are eligible for the application. Netmarble prefers applicants who have prior experience in M&A division of the country’s conglomerates, venture capital firms, private equity firms, or IB division of securities firms.
(By reporter Han Hee-yeon)
< 저작권자 ⓒ 자본시장 미디어 'thebell', 무단 전재, 재배포 및 AI학습 이용 금지 >
관련기사
best clicks
최신뉴스 in 전체기사
-
- 우리금융 "롯데손보 M&A, 과도한 가격 부담 안한다"
- 신한캐피탈, 지속성장 포트폴리오 리밸런싱 체계 강화
- 하나금융, ELS 악재에도 실적 선방…확고한 수익 기반
- 하나금융, 자본비율 하락에도 주주환원 강화 의지
- 국민연금, '역대 최대 1.5조' 출자사업 닻 올렸다
- [도전 직면한 하이브 멀티레이블]하이브, 강한 자율성 보장 '양날의 검' 됐나
- [퍼포먼스&스톡]꺾여버린 기세에…포스코홀딩스, '자사주 소각' 카드 재소환
- [퍼포먼스&스톡]LG엔솔 예견된 실적·주가 하락, 비용 절감 '집중'
- [퍼포먼스&스톡]포스코인터, 컨센서스 웃돌았지만 주가는 '주춤'
- 신한금융, ‘리딩금융’ 재탈환에 주주환원 강화 자신감