BGM Group Ltd Acquires HM Management Company Limited to Expand AI Agent Ecosystem
May 2, 2025
BGM Group Ltd. has entered into a definitive agreement to acquire HM Management Company Limited in an all-stock transaction valued at approximately RMB300 million (US$41.7 million). The deal will give BGM 100% ownership of HM Management and its wholly-owned subsidiaries, with closing expected in the second quarter of 2025.
- Buyers
- BGM Group Ltd.
- Targets
- HM Management Company Limited, Beijing Shuda Technology Company Limited, New Media Star Technology (Shenzhen) Co., Ltd.
- Industry
- AI & Machine Learning
- Location
- China
- Transaction Type
- Buyout
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