Partners Group backs continuation vehicle for Korean restaurant brand
MBK Partners has signed up Partners Group as the anchor investor in an approximately $500 million single-asset continuation fund for its majority stake in Korean fried chicken franchisor BHC.
The target company – the second-largest player in Korea’s fried chicken quick service restaurant (QSR) space – has been in the MBK portfolio since 2018. However, the private equity firm invested...
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