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    Food & BeveragePublished deal

    Project Open - Buyout

    Distinctive position in Korea's premium Hanwoo restaurant market as the only operator managing seven brands directly, with most locations in Seoul

    Location
    Korea
    Industry
    Food & Beverage
    RevenueKRW 10B-50B
    AskingKRW 20 billion on a 100% equity basis (negotiable)
    Deal structureSale of 100% of the equity
    FinancialsExpected 2025 revenue of KRW 31 billion and EBITDA of KRW 4.5 billion, compared with 2024 revenue of KRW 25.6 billion and EBITDA of KRW 0.2 billion

    Investment highlights

    • A team of three executive chefs with Michelin-starred restaurant experience leads menu development and overall service delivery
    • In-house studio shortens brand-launch lead times and provides a standardized platform for scalable expansion

    Deal partner

    Yuseong Song, Director