A Twosome Place

Seoul, South Korea · Founded 2002 · $489.0M raised

Headquarters
Seoul
Employees
1001–5000
Founded
2002
Business Model
B2C
Total Funding
$489.0M
Last Round
$489.0M Private EquityJan 2022
Rounds
2

About

A Twosome Place is a South Korean coffeehouse chain specializing in coffee and desserts, tracing back to its first store opened in Sinchon, Seoul in 2002 under CJ Foodville. The company launched its franchise business in 2008 and was spun off as an independent corporation from CJ Foodville in February 2018. Acquired by the American private equity firm The Carlyle Group in November 2021, A Twosome Place has grown to more than 1,700 stores across South Korea, supported by a proprietary mobile app (Twosome Heart) and a dedicated R&D center.

Summary

A Twosome Place is a Food & Beverage company based in Seoul, South Korea, founded in 2002. It has raised $489.0M in total across 2 rounds, most recently a $489.0M Private Equity round in Jan 2022. Investors include The Carlyle Group, Anchor Group and Canada Pension Plan Investment Board.

Tech & App Stack

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Funding History

Private EquityPrivate EquityJan 2022
$489.0M

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Private Equity — per-round amounts, valuations, and who invested in each round.

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