Affinity Equity Partners

Retail Asia30/01/2018

South Korean retail heavyweight Shinsegae has drawn a US$938 million investment to help it build a major e-commerce business. Shinsegae has signed an initial funding agreement with BRV Capital and private equity company Affinity Equity Partners as it strives to make the most of a rapidly expanding Korean online shopping market. Shinsegae says it will […]

Retail Asia23/01/2017

American Airlines Cargo safely delivered more than 3,000 pounds (1,500 kilograms) of priceless artifacts belonging to the Kinsey African American Art and History Collection from Los Angeles (LAX) to Hong Kong (HKG). Working with Cookes Crating, one of America’s oldest and most respected fine art shippers, over 100 artifacts, including paintings, sculptures, rare first editions, […]

Retail Asia21/04/2016

Burger King Korea has been snapped up by private equity investors. Affinity Equity Partners has completed the buyout of the Korean business of the US fast food brand for 210 billion won (US$183.3 million), after agreeing to terms in February. The vendor was VIG Partners. Affinity is already planning to open new outlets as a […]

Retail Asia03/11/2015

From decade-long underdogs, South Korea’s indigenous private equity fund (PEF) operators have emerged as big players in the local financial industry, especially in the merger and acquisition (M&A) market. Breaking with their traditional role as mutual fund managers or short-term profit seekers, homegrown PEFs have now transformed into strategic investors to spearhead the recent boom […]

Retail Asia09/07/2015

A carve-up of Tesco Asia operations seems increasingly likely with credible reports in three different nations now of serious expressions of interest. While markets await firm news of progress of HSBC’s quest to find a buyer for the Tesco Korea business, the latest news is that Japan’s Aeon has expressed interest in buying Tesco Malaysia, […]

Retail Asia24/06/2015

Tesco’s obvious technique to attract out bidders for its Korean Homeplus operation is already paying off. Whereas personal fairness gamers have been apparently despatched invites to bid, the best way the information of the as but formally unconfirmed sale plan has unfold, has drawn two public declarations of curiosity. One is decidedly mischievous – from […]

Tag: Affinity Equity Partners

Shinsegae to ramp up e-grocery business with $940 million from private equity

American Airlines Cargo transports priceless art to Hong Kong

Affinity buys Burger King Korea

Local PEFs emerge as big players in M&A market

Tesco Asia carve up likely

Tesco Korea technique paying off