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    Consumer & RetailPublished deal

    Project WAGTI - Primary Investment Financing

    Creative brand group operating a portfolio of proprietary-IP brands with distinctive identities across fragrance, SW19; sportswear, GOALSTUDIO; and golfwear, MADCATTOS

    Location
    Korea
    Industry
    Consumer & Retail
    RevenueKRW 10B-50B
    AskingKRW 70 billion on a 100% equity basis
    Deal structureKRW 20 billion primary investment (negotiable)
    FinancialsRevenue CAGR of 54% from 2020 to 2024 and a return to operating profitability in 2024; 2025 revenue and EBIT expected at KRW 38.4 billion and KRW 1.8 billion, respectively, growing to KRW 63 billion and KRW 6.5 billion in 2026

    Investment highlights

    • Growth momentum from the global spread of the Korean Wave as distribution channels expand and overseas exports accelerate

    Deal partner

    Jaejoon Cheon, Partner