Funding, M&A, exec moves and hiring — matched to your market, with the people to call.See plans →
Acquiring Company
HYBE
Acquired Company
Supertone
SeoulSeongnam SiMedia And EntertainmentMusicArtificial IntelligenceDescription
HYBE recorded significant goodwill impairment losses related to its acquisitions of Supertone, Ithaca Holdings, and QC Media Holdings. The company has decided to liquidate Supertone after it failed to meet financial expectations. Concerns linger over over KRW 1 trillion in goodwill from Ithaca Holdings and QC Media Holdings as well.
Related People
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed