A Twosome Place opens its first US location in Alexandria, Virginia, attracting steady customer lines throughout the day. The coffee shop chain, known for its cozy atmosphere, expands its international presence with this new storefront.
Private equity firm Carlyle Group is negotiating the acquisition of Twosome Place, the operator of KFC Korea. The deal marks Carlyle’s latest move into South Korea’s food service sector, following its prior investments in local dining brands. Twosome Place manages over 1,400 KFC outlets across the country, serving millions of customers annually.
Carlyle Group’s affiliate acquires A Twosome Place, a South Korean coffee and cake chain, from private equity firm Anchor Equity Partners. The deal marks a shift in ownership for the brand, which operates cafés across the country. No further financial terms or operational details were disclosed in the announcement.
Carlyle Group’s Carlyle Asia Partners V acquires full ownership of South Korea’s second-largest coffee chain, A Twosome Place. The deal marks the investment firm’s entry into the country’s coffee retail sector. A Twosome Place operates multiple outlets across South Korea.
