Yulchon advises on ‘Exit of the Year’-Winning Deal for Unison Capital
2019.11.22.
Unison Capital’s sale of Gong Cha Korea, a Taiwan-style tea franchise, won the “Exit of the Year” award in the small cap category at the 2019 Asian Venture Capital Journal’s Asian Private Equity & Venture Capital Awards, on November 11, 2019, in Hong Kong.
In its sale of Gong Cha Korea to TA Associates, a U.S. private equity firm, at approx. KRW 350 billion, Unison Capital realized a return of almost 6 times its investment, a notable first for a Korean private equity firm’s successful investment in, and exit from, a foreign franchise. From acquisition through its sale of Gong Cha, Yulchon provided Unison Capital with comprehensive advisory services. Yulchon is proud for contributions it made throughout the years for Unison Capital’s successful investment in, and exit from, Gong Cha in this award-winning transaction.
Expertise
Professionals
