Carver Korea deal Korea’s most profitable private equity acquisition

Carver Korea deal Korea’s most profitable private equity acquisition

The 2016 Bain Capital and Goldman Sachs investment in South Korean cosmetics firm Carver Korea has been reported as being Korea’s most profitable private equity deal.

The two companies invested 300 billion won into the company and have since seen a return of more than six times the invested capital, according to the Korea Economic Daily.

Both Bain Capital and Goldman Sachs received proceeds of 1.88 trillion won in 12 months, with Unilever having acquired shares in the company for approximately 3 trillion via the Bain-Goldman consortium, as well as other shareholders, in 2017.

The paper reviewed 42 South Korean private equity transactions since 2009, which were valued at 100 billion won or over.

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