Hansol Technics / Highland Equity Partners acquires 100% of Orion Technology

SI TMT Marine engine controllers (ship electronics)

Deal value: —
Stake: 100%
Implied 100%: —
Revenue: $69m
Op. income: $11m
Multiples: —

DART 20250430000054

Target: Orion Technology · Marine engine controllers (ship electronics)
Buyer: Hansol Technics / Highland Equity Partners · SI
Seller: Keistone Partners
Structure: —
Announced: Jun 20, 2025
Closed: Jul 31, 2025
Stage: Closed

Target

Orion Technology, founded in 2003, manufactures controllers for very large marine engines (ship electronics) and was reported to be benefiting from the shipbuilding upcycle; standalone 2024 revenue was KRW 100.2bn with operating profit of KRW 16.0bn.

Deal rationale

Seller Keystone Partners had bought the company from STIC Investments in January 2021 for about KRW 39bn and was reported to be realizing more than a 3x return. Hansol Technics acquired 50%+1 share (830 shares) to become the largest shareholder, stating it would strengthen its marine and robot electronics portfolio and expand revenue, with Highland Equity Partners taking the rest; Highland holds a put option on its whole stake if no IPO occurs within 3 or 5 years, and Hansol a call option on 30% of Highland's stake.

PE 회수(펀드 만기)신사업 진출

Revenue	$69m
Operating income	$11m
EBITDA	—
Net income	—

2024 별도 · DART-verified · 20250430000054

Press coverage

뉴스토마토(IB토마토) (2025-07-09): “한솔테크닉스가 830주(50%+1주)를 인수하며 오리온테크놀리지의 최대주주 지위를 확보하게 된다.”
더팩트 (2025-03-15): “매각 금액은 1300억원대로 알려졌다.”

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