Samsung SDS acquires 33.39% of EMRO for KRW 111.8bn
- Deal value
- $77m
- Stake
- 33.39%
- Implied 100%
- $231m
- Revenue
- $40m
- Op. income
- $5m
- Multiples
- EQV/EBIT 51.5xPSR 5.7x
Deal value ÷ stake (structure unconfirmed)
2022 연결 · DART-verified
2022 연결 · DART-verified
On implied equity value
DART 20231215000347
- Target
- EMRO · Enterprise SRM/SCM software
- Buyer
- Samsung SDS · SI
- Seller
- CEO Song Jae-min and related parties
- Structure
- —
- Announced
- Mar 15, 2023
- Closed
- —
- Stage
- Closed
Target
Korea's leading supplier relationship management (SRM) software company (KOSDAQ 058970), engaged in SCM consulting, implementation and software development with about 300 employees.
Deal rationale
Samsung SDS said adding procurement to its Nexprime planning and Cello logistics solutions gave it an integrated global SCM platform covering planning, procurement and execution. CEO Hwang Sung-woo said the company would expand its integrated supply-chain platform business for global customers with EMRO and solidify its position as a SaaS provider within its cloud portfolio. News1 framed the deal as securing an in-house SRM solution and strengthening cloud SaaS and logistics.
| Revenue | $40m |
| Operating income | $5m |
| EBITDA | — |
| Net income | — |
2022 연결 · DART-verified · 20231215000347
Press coverage
- 삼성SDS 보도자료 (2023-03-15): “지분 33.4%를 인수하고 최대 주주로서 이사회에 참여”
- 파이낸셜뉴스 (2023-03-15): “1118억원을 투자해 엠로의 최대주주인 송재민 대표와 특수관계인 지분 33.39%(374만4064주)를 획득”
- 바이라인네트워크 (2023-03-15): “삼성SDS, 엠로 지분 33.4% 인수…최대주주 등극”
- 뉴스1 (2023-03-15): “자체 구매공급망관리 솔루션 확보 위해 엠로 인수”
This is a data entry summarising filings and press reports. Please check the original sources for the figures.