KFC Korea Acquired by Carlyle Group | Consumer M&A Deal

Carlyle Group has completed the acquisition of KFC Korea, a restaurant franchise business in South Korea, for an undisclosed amount. KFC Korea operates a 200-plus store quick-service restaurant network in South Korea under a master franchise agreement with Yum! Brands, serving Korean consumers with drive-through and delivery-ready formats. Carlyle Group acquisitions in consumer M&A align with its restaurant franchise acquisition strategy, leveraging KFC Korea’s brand footprint to support nationwide expansion. The platform acquisition is a 100% stake purchase from Orchestra Private Equity, marking a private equity acquisition by the US-based firm.