Bain Capital Acquires South Korean Activewear Firm Echo Marketing for $344 Million

Bain Capital, a global private investment firm, has announced its acquisition of Echo Marketing, a South Korean activewear firm, in a deal worth $344 million. The acquisition is part of Bain Capital's strategy to invest in the growing activewear market in Asia.

The acquisition was first reported by [7] Bain Capital buying South Korean activewear firm Echo Marketing in $344 million deal.

Echo Marketing is a leading activewear brand in South Korea, known for its high-quality and fashionable products. The company has a strong presence in the domestic market and has been expanding its reach in the international market.

Bain Capital's acquisition of Echo Marketing is a strategic move to tap into the growing demand for activewear in Asia. The firm has a proven track record of investing in successful companies in the region and has a strong network of resources to support Echo Marketing's growth.

The acquisition is expected to be completed in the coming months, subject to regulatory approvals. The terms of the deal were not disclosed.

Sources

[7] Bain Capital buying South Korean activewear firm Echo Marketing in $344 million deal