Linklaters, working alongside Widyawan & Partners, advised Affinity Equity Partners on its investment in Indonesia-based media service platform Vidio.
Affinity Equity Partners announced a US$150m investment in PT Vidio Dot Com (Vidio), one of Indonesia’s leading over-the-top (OTT) media service platforms.
This investment is Affinity Equity Partners’ second technology sector investment in Southeast Asia and continues the Asian private equity powerhouse’s growth and market expansion in Indonesia.
Vidio is part of the Emtek Group, and this marks the first time that it has raised external capital.
Affinity Equity Partners is one of the largest dedicated Asian private equity firms and focuses on leveraged buyout and growth capital transactions.
The Linklaters team was led by corporate partner Karen Phang (Picture), with support from managing associate Gary Beh, working alongside a team from Widyawan & Partners, Linklaters’ association firm in Indonesia.
Law Firms: Linklaters;
Clients: Affinity Equity Partners;