Archimed (Syracuse Subco) acquires 91.35% of Jeisys Medical for KRW 911.6bn

FI Bio & Healthcare Aesthetic medical devices
Deal value
$629m
Stake
91.35%
Implied 100%
$688m

Deal value ÷ stake (structure unconfirmed)

Revenue
$99m

2023 연결 · DART-verified

Op. income
$25m

2023 연결 · DART-verified

Multiples
EQV/EBIT 27.5xPSR 7.0x

On implied equity value

DART 20240314001085

Target
Jeisys Medical · Aesthetic medical devices
Buyer
Archimed (Syracuse Subco) · FI
Seller
Kang Dong-hwan, Lee Myung-hoon and tendering shareholders
Structure
—
Announced
Jun 10, 2024
Closed
Aug 16, 2024
Stage
Closed

Target

Jeisys Medical, founded in 2004, makes aesthetic medical devices including the radiofrequency systems Potenza, Density and Linearz; it was a KOSDAQ-listed company with a high overseas sales share and was delisted in November 2024.

Deal rationale

French healthcare PE firm Archimed, via its Korean SPC Syracuse Subco, bought the founder's 23.2% and a director's 3.2% at KRW 13,000 per share and launched a tender offer at the same price. The company stated it would carry out a comprehensive share exchange 'as quickly as possible under applicable law' to delist and become a wholly owned subsidiary; reports say Archimed secured over 90% through two tender offers and delisted the company in November 2024 for management efficiency.

공개매수·상장폐지승계·창업자 엑시트
Revenue$99m
Operating income$25m
EBITDA—
Net income—

2023 연결 · DART-verified · 20240314001085

Press coverage

  • 서울경제 시그널 (2024-06-09): “총 7244억 원 규모로 지난 7일 주가인 1만760원 보다 약 21% 높은 수준이다.”
  • 아시아경제 (2024-06-10): “이는 제이시스메디칼 잠재발행주식총수의 72.0%에 해당한다.”
  • 데일리메디 (2024-06-10): “아키메드는 이날부터 오는 7월 22일까지 주당 1만3000원에 제이시스메디칼 보통주 5572만4838주(72.0%)에 대한 공개매수를 진행한다.”
  • 스마트투데이 (2024-08-19): “프랑스 사모펀드(PEF) 운용사 아키메드는 최근 제이시스메디칼 2차 공개매수를 통해 총 91.35%의 지분을 확보했다.”
  • Korea Economic Daily Global (2024-06-10): “Archimed aims to hold 98.4% of Jeisys through the acquisitions”
  • 머니투데이 유니콘팩토리 (2025-03-19): “시러큐스서브코를 통해 제이시스메디칼을 7200억원에 인수했다. … 경영효율화를 위해 지난해 11월 상장 폐지했다.”

This is a data entry summarising filings and press reports. Please check the original sources for the figures.