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    Recent Advisory Engagements

    Recent advisory cases

    A selection of M&A engagements Samjong KPMG has advised on — across sales, acquisitions, and fundraising — showcasing accumulated experience and expertise.

    M&A AdvisoryKorea

    JUNO Hair's Strategic Partnership between Blackstone

    CompanyJUNO Hair
    IndustryBeauty Services
    ScopeM&A Advisory
    Period2025
    beauty-services

    Lead Partner
    Junseok, Lee

    Deal Type

    Strategic Partnership

    Counterparty
    Blackstone

    Deal Size
    Undisclosed (70% stake)

    Summary
    Advised on a strategic partnership between JUNO Hair, Korea's No. 1 hair salon brand, and global private equity firm Blackstone, formed through Blackstone's acquisition of a 70% stake.

    Key Points

    • Highlighted JUNO Hair's position as Korea's leading salon brand, built on some 180 directly operated salons nationwide and a systematic talent pipeline through JUNO Academy
    • Framed the company as a K-beauty global platform on the strength of its overseas expansion into the Philippines, Thailand and Singapore, achieving a valuation exceptional for a Korean consumer services business
    • Structured the transaction so the founder retains an approximately 30% stake and continues as CEO, preserving brand continuity and aligning seller and buyer interests
    • Secured global private equity firm Blackstone as the company's partner, successfully closing the transaction

    Full Description
    In 2025, Samjong KPMG advised on the formation of a strategic partnership between JUNO Hair, Korea's No. 1 hair salon brand, and global private equity firm Blackstone, through an equity investment.

    Since opening its first salon in 1982, JUNO Hair has grown into Korea's largest salon brand with some 180 directly operated locations nationwide, with its systematic hair artist training program through JUNO Academy serving as a core competitive advantage. More recently, the company had been demonstrating the global potential of K-beauty services, expanding its footprint into the Philippines, Thailand and Singapore.

    Samjong KPMG positioned JUNO Hair not as a domestic salon operator but as a K-beauty global platform, marketing the opportunity to global investors with an emphasis on its overseas growth potential. Reflecting the buyer's priorities — continuity of the domestic business alongside overseas-driven growth — the transaction was structured so that the founder retains an approximately 30% stake and continues to lead the company as CEO.

    As a result, the company achieved a valuation exceptional for a Korean consumer services business, and the transaction closed successfully with Blackstone acquiring a 70% stake.