Elevation Equity Partners
Profile: Elevation Equity Partners’ Gordon Cho
Negotiating a spinout while troubled by health issues tested Gordon Cho’s faith and resilience. He feels stronger for the experience and is now looking to make his mark on Korea’s middle market
Deal focus: Elevation targets Lumena uplift
Elevation Equity Partners sees Korean consumer electronics brand Lumena as a diamond in the rough, with high margins, quality products, and scope for domestic and international expansion
OTPP backs Korean fried chicken chain at $1.6b valuation
Ontario Teachers’ Pension Plan (OTPP) has invested in Korean fried chicken restaurant franchisor BHC Group at an enterprise valuation of KRW1.8 trillion ($1.6 billion), facilitating a full exit for Elevation Equity Partners.
Korea cross-border consumer: Dining out
Restaurant chains can potentially ride on the tailwinds generated by demand for Korean cultural exports, but strong execution is ultimately the key factor in overseas expansion
Rohatyn's Korea team spins out
The Rohatyn Group’s (TRG) Korea team has spun out to form a new private equity firm called Elevation Equity Partners.