Business · Companies · 2 hrs ago
SK Square Pursues Sale of Control in Tmap Mobility
SK Square is pursuing a sale of control in Tmap Mobility, with Goldman Sachs involved in the process.
The move offers a possible way out for private equity firms Affirma Capital and EastBridge Partners, which invested in the company.
They have faced difficulty recovering their investments because Tmap Mobility’s planned stock market listing has been delayed.
The sale has raised hopes of an exit for the two firms, even as the company’s valuation has fallen.
The headline also says the investors have a put option with an annual compound return of 8%.
The sale process could give them a route to recover their investment, but no sale outcome or timing is stated.
SK Square, Tmap Mobility’s largest shareholder, is pursuing a sale of control in the company.
SK Square has approached global investment bank Goldman Sachs about the sale.
The effort could give private equity firms Affirma Capital and Eastbridge Partners a way to exit their investments.
The firms had faced difficulty recovering their investments after Tmap Mobility’s listing was delayed.
- Who
- SK Square is pursuing the sale; Affirma Capital and Eastbridge Partners are investors in Tmap Mobility.
- What
- SK Square is pursuing a sale of control in Tmap Mobility.
- When
- The article was published on November 2, 2026; it says the report appeared on October 30, 2026.
- Where
- Not stated.
- Why
- Tmap Mobility’s delayed listing had made it difficult for Affirma Capital and Eastbridge Partners to recover their investments.
This story does not have two clearly opposing sides.
Tmap Mobility’s delayed listing made it difficult for Affirma Capital and Eastbridge Partners to recover their investments.
The report appeared on ChosunBiz’s Money Move site.
Chosun Ilbo published the article reporting SK Square’s sale effort.
- Largest shareholder
- SK Square
- Company
- Tmap Mobility
- Investment bank
- Goldman Sachs
- Private equity firms
- Affirma Capital and Eastbridge Partners
- Report appearance date
- October 30, 2026