Woori Q Corporate Restructuring PEF managed by Q Capital Partners Co., Ltd. and Woori Private Equity Asset Management Company, Ltd agreed to acquire additional 33.33% stake in The Nolbal Co.,Ltd. for KRW 23 billion.
September 17, 2023
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Woori Q Corporate Restructuring PEF managed by Q Capital Partners Co., Ltd. (KOSDAQ:A016600) and Woori Private Equity Asset Management Company, Ltd agreed to acquire additional 33.33% stake in The Nolbal Co.,Ltd. for KRW 23 billion on September 18, 2023. After the transaction Woori Private Equity Asset Management Company, Ltd will hold 91.66% of the The Nolbal Co.,Ltd. The expected closing date of the transaction is September 18, 2023.
Q Capital Partners Co., Ltd. is a Korea-based company mainly engaged in the venture investment business and provision of financial related services. The Company is involved in the venture investment business, which provides the investment and financing services for new technology operators; corporate restructuring business, which provides the investment, acquisition and normalization of financially distressed companies; mergers and acquisitions (M&A), which provides strategy to motivate and promote business expansions, as well as investment fund business, which maintains operational stability of funds and manages investment risks. On March 17, 2014, the Company announced that it sold entire shares of Onse Telecom Corp.
Woori Q Corporate Restructuring PEF managed by Q Capital Partners Co., Ltd. and Woori Private Equity Asset Management Company, Ltd agreed to acquire additional 33.33% stake in The Nolbal Co.,Ltd. for KRW 23 billion.