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Indonesia: Five largest Private Equity/Venture Financing deals by value in the Financial Services sector (LTM June 2022)

  • A total of 51 Private Equity/Venture Financing deals (pending and completed) were announced in the Financial Services of Indonesia, in the last twelve months resulting in a total deal value of over $2,029.6 million. In the LTM period, May 2022 turned out to be the most prolific in terms of deal size, with a total deal value of $503.5 million, resulting in an average deal value of $83.9 million during that month. On the other hand, the month of September 2021 was the most prolific in terms of deal volume, recording a total of 8 deals, resulting in an average deal value of $33.6 million during that month.

  • Of the 51 deals, the deal secured between Accel; Amasia; Coatue; EV Growth; Goat Capital; Insight Partners; Intudo Ventures; Kleiner Perkins; Tiger Global Management LLC and Xendit Inc, was the largest Private Equity/Venture Financing deal in the Indonesia Financial Services sector, which was valued at $300.0 million and was completed on May 19, 2022. The second-largest deal was between Alpha JWC Ventures; DST Global; Horizons Ventures Ltd; ICONIQ Capital, LLC; Insignia Ventures Partners Pte Ltd; Ribbit Capital, L.P.; Softbank Ventures Korea Inc and Ajaib, while the third-largest deal was between Accel; Amasia Ventures; Goat Capital; Tiger Global Management LLC and Xendit Inc. The Alpha JWC Ventures; DST Global; Horizons Ventures Ltd; ICONIQ Capital, LLC; Insignia Ventures Partners Pte Ltd; Ribbit Capital, L.P.; Softbank Ventures Korea Inc-Ajaib deal and the Accel; Amasia Ventures; Goat Capital; Tiger Global Management LLC-Xendit Inc deal were valued at $153.0 million and $150.0 million, respectively. The fourth-largest deal was between Intudo Ventures; Lightspeed Management Company, L.L.C; Pantera Capital Management LP-Northstar Group; PT Pintu Kemana Saja valued at $113.0 million, whereas the deal between AC Ventures Co., Ltd.; East Ventures; MDI Ventures; Quona Capital Management, Ltd.; Saison Capital; Triodos Investment Management BV-KoinWorks valued at $108.0 million was the fifth-largest deal.

  • Cumulatively, the top five deals amounted to $824.0 million and accounted for nearly 40.60% of the total deals (by value) announced during the last twelve months.

Indonesia: Five largest Private Equity/Venture Financing deals by value in the Financial Services sector (LTM June 2022)

Published: June 2022
Source: GlobalData

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