YOON&YANG

Yoon & Yang LLC advised The Carlyle Group, a global private equity firm, on its acquisition of full ownership and management control of KFC Korea through the purchase of 100% of its equity stake from Orchestra Private Equity.

Leveraging its extensive investment experience in the food & beverage (F&B) and quick service restaurant (QSR) sectors across Asia, Carlyle aims to generate synergies with its existing portfolio company, A Twosome Place (a Korean dessert café chain), and establish a multi-brand platform through this acquisition.

Valued at approximately KRW 192 billion, the transaction involved Yoon & Yang providing comprehensive and systematic legal services throughout all stages of the deal, including legal due diligence, negotiation and execution of the share purchase agreement (SPA), acquisition financing, merger control filings, and foreign exchange filings. 

This transaction further demonstrates Yoon & Yang’s cross-border M&A capabilities, its expertise in managing sophisticated transaction structures and its deep industry knowledge in the consumer, QRS and F&B sectors.

[Press Coverage] Carlyle acquires KFC Korea, eyes aggressive expansion - The Korea Times