South Korea's No.2 coffee chain A Twosome Place put up for sale

South Korea’s No.2 coffee chain A Twosome Place put up for sale
2021.07.30 14:26:55 | 2021.07.30 14:27:32
South Korea’s No.2 coffee chain A Twosome Place put up for sale
Receiver
South Korea’s top homegrown coffee franchise brand A Twosome Place will be put up for sale after its largest stakeholder Anchor Equity Partners chose to sell its stake instead of going public with it for cash-out.
Hong Kong-based private equity firm which owns a full stake in the country’s No.2 coffee chain has been privately approaching a number of local and overseas private equity funds to test the waters, according to the investment banking industry sources on Thursday. The U.S.-based KKR and major local PEFs have shown keen interest.

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