STIC Investments acquires 100% of Cleantopia for KRW 617.8bn

FI Consumer & Retail Laundry franchise
Deal value
$426m
Stake
100%
Implied 100%
$426m

Deal value ÷ stake (structure unconfirmed)

Revenue
$193m

2024 별도 · DART-verified

Op. income
$21m

2024 별도 · DART-verified

Multiples
EQV/EBIT 19.9xPSR 2.2x

On implied equity value

DART 20250321000235

Target
Cleantopia · Laundry franchise
Buyer
STIC Investments · FI
Seller
JKL Partners
Structure
—
Announced
Dec 19, 2025
Closed
—
Stage
Closed

Target

Reported as Korea's largest laundry franchise with about 3,000-3,200 stores (laundry shops, Coinwash365 self-service laundromats and multi-shops), plus B2B laundry for hospitals and care facilities from a plant in Anseong, pickup/delivery with Karrot and an ordering/logistics app.

Deal rationale

According to News1, JKL Partners bought 100% in August 2021 through SPC Casablanca for about KRW 190bn from founder Lee Beom-taek and related parties, betting on structural growth in laundry franchising from single-person and dual-income households, and grew value through franchise expansion, B2B and an app platform before selling. STIC Investments acquired it through its STIC Opportunity Fund III, a roughly KRW 2tn blind fund raised in 2023; The Fact reported STIC gained a consumer-franchise portfolio beyond its IT/manufacturing focus and that a higher 2025 EBITDA forecast drove the price up.

PE 세컨더리PE 회수(펀드 만기)
Revenue$193m
Operating income$21m
EBITDA—
Net income—

2024 별도 · DART-verified · 20250321000235

Press coverage

  • 더팩트 (2025-12-20): “스틱인베스트먼트는 최근 JKL파트너스와 크린토피아 지분 전량을 인수하는 SPA를 체결했다.”
  • 딜사이트 (2025-12-15): “매각 금액은 6300억원으로 알려졌다.”
  • 딜사이트 (2026-07-02): “JKL파트너스의 크린토피아 매각(6178억원)”
  • 헤럴드경제 (2026-09-19): “지분 100%를 6300억원에 인수하며”

This is a data entry summarising filings and press reports. Please check the original sources for the figures.