Kirkland & Ellis and Weil, Gotshal & Manges are advising a consortium of investors that’s buying a majority share of South Korean ecommerce company Ticket Monster Inc. from Groupon Inc. in a deal that values the target company at $782 million.
Ticket Monster, like Chicago-based Groupon, is known for the deal-of-the-day discounts it offers to subscribers. The consortium, which is led by private equity investors KKR & Co. and Hong Kong-based Anchor Equity Partners (Asia) Ltd. and also includes Ticket Monster management, is buying 46 percent of the company for $360 million.
