Stay up to date with the latest news on Korean F&B expansion and cross-border transactions.
Recent News
December 2023
SnowFox Group Acquisition Completes
The SnowFox Group, which M3 advised on its formation through the merger with YO! Sushi, was acquired by Zensho Holdings for $621 million—marking the largest consumer exit by a UK private equity firm in 2023.
2019
SnowFox and YO! Sushi Merger Announced
M3 Asset Management advised on the landmark merger between SnowFox and YO! Sushi, creating a combined entity with over $425 million in system-wide sales spanning North America and Europe.
2018
KwangcheonKim Achieves $40M U.S. Exports
KwangcheonKim, advised by M3 on their U.S. market entry, achieved $40 million in exports through their Kimnori USA facility in Cerritos, California—Korea's first fully integrated overseas kim production facility.
2017
CoffeeBay Secures U.S. Franchise License
CoffeeBay, with M3's strategic advisory, received FDD approval in California, enabling franchise expansion across the United States following their successful Walmart partnership and establishment of COFFEEBAY INTERNATIONAL INC.