Woongjin to acquire a majority stake in Preed Life from VIG Partners.

Synopsis

Woongjin, a Korean conglomerate specializing in publishing and education, agreed to acquire a majority stake in Preed Life, a funeral services provider, from VIG Partners, a private equity firm. Financial terms were not disclosed.

Principals

target

Preed Life

bidder

Woongjin Group

Show Details & Financials

Did you work on this deal?

Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.

Market Context

Sort

Seller Team (1)

kim man-ki

CEO at PREED LIFE

Manager

target

Deal

n/a

Total Value

Bidder Team (1)

lee soo-young

CEO at WOONGJIN GROUP

Manager

bidder

Deal

n/a

Total Value

Vendor Team (2)

chulmin lee

Managing Partner at VIG PARTNERS

Investor

vendor

Deals

£ 424 M

Total Value

changhoon shin

Managing Partner at VIG PARTNERS

Investor

vendor

Deal

n/a

Total Value

By continuing, you agree to our Terms & Conditions and our Data Privacy Policy