VIG Partners

VIG Partners, established in 2005, is a South Korea-based private equity firm specializing in mid-market buyouts. The firm has developed extensive expertise in this sector, with a strong track record of successful investments across various industries such as financial services, consumer goods, online and mobile commerce, and household appliances. Over a decade, VIG Partners has invested more than $1.5 billion across 13 portfolio companies in Korea, maintaining shareholding control in 11 of these entities. Notable investments include BKR, the master franchisee of Burger King; Samyang Optics, a leading manufacturer of interchangeable lenses; Bodyfriend, the top manufacturer of massage chairs; and Enuri.com, a prominent e-commerce portal. Other significant investments encompass Mcorset, a leading underwear manufacturer; Tong Yang Life Insurance, the fifth largest life insurer in Korea; BC Card, the country's largest credit card processing company; and Novita, a leading manufacturer of electronic bidets.

Younggi Han

Partner

Kang, Kijung

Principal

Chulmin Lee

Managing Partner

Jason Shin

Co-Founder and Managing Partner

10 past transactions

FASSTO

Series C in 2022
FASSTO is a consulting company that provides packaging, delivery, logistic, and shipping services.

SMARTSCORE

Series E in 2022
SMARTSCORE Global is an innovative IT company in the golf industry. We currently lead the way in digitalizing the golfing experience in Korea. We aim to achieve further and reach out to the world. We deploy innovative technology that connects golfers with more than 400 golf courses globally. There are currently about 40,000 golf courses and 61 million golfers worldwide. As of March 2023, we have established subsidiaries in Singapore, Vietnam, Thailand, Indonesia and Malaysia, and are planning to expand across SEA region and Greater China first.

Kundal

Acquisition in 2021
Kundal delivers eco-friendly personal care products that everyone loves to use and can be placed in all households.

Preedlife

Acquisition in 2020
Preedlife is a funeral service provider.

Bonchon International

Acquisition in 2018
Bonchon International operates as a fried chicken restaurant brand. Bonchon International is a hansik franchise best known for its Korean-style friend chicken.

Star Vision

Private Equity Round in 2018
Star Vision is a beauty company that manufactures and retails contact lenses and fashion sunglasses for consumers. It was founded in 2012 and is based in Seoul, South Korea.

Youyoung Co.

Acquisition in 2018
Youyoung Co. operates as a shoe fabrics manufacturer. Youyoung founded in 1991 has provided outer fabrics for footwear to global sports retailers including Nike, Adidas, Under Armour, New Balance and Puma.

Press & Converting

Acquisition in 2017
Press & Converting is a manufacturer of facial masks primarily used for skincare.

Autoplus

Acquisition in 2017
Autoplus operates as a used car retailer and maintenance provider.

HiParking

Acquisition in 2016
A local carpark management firm
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