2 Acquisitions of Companies in Jakarta

January 15, 2023
Acquisitions Hub

M&A activity has seen a steady increase across the globe over the past decade, especially in Jakarta. Startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.

In this blog post, we are taking a closer look at 2 acquisitions that took place in Jakarta .

Laku6 acquired by Carousell Group

Details about the transaction:

Acquisition amount:

$25,000,000

Announcement:

27 July 2022

Details about the company:

Through reselling and financing, Laku6 enables the expanding middle class to affordably acquire and update cellphones.

Headquarter:

Jakarta, Jakarta Raya, Indonesia

Where to find them:

Industry:

Retail, Shopping

Details about the buyer:

The largest classifieds company in Greater Southeast Asia, Carousell, is on a mission to encourage people all around the world to start selling.

Headquarter:

Singapore, Central Region, Singapore

Where to find them:

Hypernet Technologies acquired by XL Axiata Tbk

Details about the transaction:

Acquisition amount:

$22,334,948

Announcement:

23 March 2022

Details about the company:

For a variety of industries, Hypernet Technologies provides digital communication, expert IT, security, internet, and cloud services.

Headquarter:

Jakarta, Jakarta Raya, Indonesia

Where to find them:

Industry:

Cloud Computing, Information Technology, Internet of Things, IT Infrastructure, Network Security

Details about the buyer:

Mobile and telecommunications network services are provided to customers and companies by XL Axiata Tbk, a telecommunications provider.

Headquarter:

Jakarta, Jakarta Raya, Indonesia

Where to find them:

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