STIC Investments acquires 100% of Cleantopia for KRW 617.8bn
- Deal value
- $426m
- Stake
- 100%
- Implied 100%
- $426m
- Revenue
- $193m
- Op. income
- $21m
- Multiples
- EQV/EBIT 19.9xPSR 2.2x
Deal value ÷ stake (structure unconfirmed)
2024 별도 · DART-verified
2024 별도 · DART-verified
On implied equity value
DART 20250321000235
- Target
- Cleantopia · Laundry franchise
- Buyer
- STIC Investments · FI
- Seller
- JKL Partners
- Structure
- —
- Announced
- Dec 19, 2025
- Closed
- —
- Stage
- Closed
Target
Reported as Korea's largest laundry franchise with about 3,000-3,200 stores (laundry shops, Coinwash365 self-service laundromats and multi-shops), plus B2B laundry for hospitals and care facilities from a plant in Anseong, pickup/delivery with Karrot and an ordering/logistics app.
Deal rationale
According to News1, JKL Partners bought 100% in August 2021 through SPC Casablanca for about KRW 190bn from founder Lee Beom-taek and related parties, betting on structural growth in laundry franchising from single-person and dual-income households, and grew value through franchise expansion, B2B and an app platform before selling. STIC Investments acquired it through its STIC Opportunity Fund III, a roughly KRW 2tn blind fund raised in 2023; The Fact reported STIC gained a consumer-franchise portfolio beyond its IT/manufacturing focus and that a higher 2025 EBITDA forecast drove the price up.
| Revenue | $193m |
| Operating income | $21m |
| EBITDA | — |
| Net income | — |
2024 별도 · DART-verified · 20250321000235
Press coverage
- 더팩트 (2025-12-20): “스틱인베스트먼트는 최근 JKL파트너스와 크린토피아 지분 전량을 인수하는 SPA를 체결했다.”
- 딜사이트 (2025-12-15): “매각 금액은 6300억원으로 알려졌다.”
- 딜사이트 (2026-07-02): “JKL파트너스의 크린토피아 매각(6178억원)”
- 헤럴드경제 (2026-09-19): “지분 100%를 6300억원에 인수하며”
This is a data entry summarising filings and press reports. Please check the original sources for the figures.