Carlyle Group (Carlyle Asia Partners V) to acquire 100% of A Twosome Place for KRW 1tn
- Deal value
- $690m
- Stake
- 100%
- Implied 100%
- $690m
- Revenue
- $252m
- Op. income
- $27m
- Multiples
- EQV/EBIT 25.8xPSR 2.7x
Deal value ÷ stake (structure unconfirmed)
2020 연결 · DART-verified
2020 연결 · DART-verified
On implied equity value
DART 20210409001671
- Target
- A Twosome Place · Coffee franchise
- Buyer
- Carlyle Group (Carlyle Asia Partners V) · FI
- Seller
- Anchor Equity Partners
- Structure
- —
- Announced
- Nov 19, 2021
- Closed
- —
- Stage
- Signed
Target
Coffee and dessert franchise founded by CJ Group in 2002 with about 1,400 franchised and company-run stores. Anchor Equity Partners bought 40% in 2018 and 45% in April 2019 (KRW 202.5bn), then acquired CJ Foodville's remaining shares in July 2020 for full ownership.
Deal rationale
Carlyle said it would use its consumer and retail expertise and global network to enhance brand value, store operations, product development and marketing. Carlyle Asia Partners Korea head Kim Jong-yoon said it would work with CEO Lee Young-sang and the experienced management to build a stronger franchise network and pursue new opportunities in Korea (Asia Economy). Twosome Place said only the major shareholder would change, with management and brand direction unchanged (Dealsite). Seller Anchor Equity's reason was not stated (PE-to-PE secondary).
| Revenue | $252m |
| Operating income | $27m |
| EBITDA | — |
| Net income | — |
2020 연결 · DART-verified · 20210409001671
Press coverage
- 아시아경제 (2021-11-19): “앵커에퀴티파트너스로부터 국내 대표 카페 프랜차이즈 ‘투썸플레이스’를 인수하는 계약을 체결했다고 19일 밝혔다”
- 딜사이트 (2021-11-19): “인수금액은 1조원 수준인 것으로 알려졌다.”
- 스마트투데이 (2025-12-22): “투썸플레이스 지분을 1조원에 가까운 금액을 들여 전부 인수했다”
- 딜사이트 (2021-05-10): “지분 45%를 2025억원에 인수했는데”
- 서울경제 (2025-12-19): “칼라일은 2021년 투썸플레이스를 약 1조 원에 인수한 후 외연 확장에 주력 중이다”
This is a data entry summarising filings and press reports. Please check the original sources for the figures.