Goodai Global / Company K Partners acquires 100% of Seorin Company (Round Lab) for KRW 600bn
- Deal value
- $414m
- Stake
- 100%
- Implied 100%
- $414m
- Revenue
- $65m
- Op. income
- $17m
- Multiples
- EQV/EBIT 24.0xPSR 6.4x
Deal value ÷ stake (structure unconfirmed)
2024 별도 · DART-verified
2024 별도 · DART-verified
On implied equity value
DART 20250411003501
- Target
- Seorin Company (Round Lab) · Cosmetics brand (skincare)
- Buyer
- Goodai Global / Company K Partners · SI
- Seller
- Kalips Capital / Meritz Securities
- Structure
- —
- Announced
- May 21, 2025
- Closed
- —
- Stage
- Closed
Target
Operator of the skincare brand Round Lab, founded in 2017; flagship products include Dokdo Toner and a birch-sap moisturizing sunscreen (The Fact).
Deal rationale
Goodai Global said it pursues a multi-brand strategy of acquiring brands with proven growth and establishing them globally (Sidae). Per The Fact, sellers Calypso Capital and Meritz Securities bought Seorin in July 2023 for about KRW 240bn and exited after about two years, receiving KRW 600bn in sale proceeds plus about KRW 150bn in dividends (KRW 750bn total); CVC Capital was initially preferred bidder but withdrew.
| Revenue | $65m |
| Operating income | $17m |
| EBITDA | — |
| Net income | — |
2024 별도 · DART-verified · 20250411003501
Press coverage
- 딜사이트 (2025-05-21): “최근 우선협상대상자로 선정됐으며 인수가로는 6000억원이 거론된다.”
- 딜사이트 (2025-07-23): “구다이글로벌은 최근 서린컴퍼니 인수를 위한 주식매매계약(SPA)을 체결했다.”
- 딜사이트 (2025-10-23): “구다이글로벌은 2025년 3분기 딜 완료(잔금납입)를 기준으로 총 4건의 거래를 진행했다.”
- 시대(sidae.com) (2026-07-15): “스킨1004(2456억원), 티르티르(1500억원), 라운드랩(6000억원), 스킨푸드(1500억원) 등 공개된 거래 규모만 1조1456억원에 달한다.”
- 더팩트 (2025-07-19): “칼립스캐피탈은 지난 2023년 7월 메리츠증권과 손 잡고 약 2400억원에 서린컴퍼니를 사들였다”
This is a data entry summarising filings and press reports. Please check the original sources for the figures.