Inbizzy, Seoul, – Blackstone (NYSE:BX) has announced a definitive agreement to make a strategic investment in JUNO, South Korea’s leading premium hair care franchise. The investment, made through Blackstone’s private equity funds, will be in partnership with JUNO’s founder, Yun-Seon Kang, who will continue to lead the company as Chief Executive Officer, driving its growth and global expansion.
Founded in 1982, JUNO has grown into a market leader with more than 180 branches across South Korea and an expanding presence in Singapore, Vietnam, the Philippines, Japan, and Thailand. Known as a pioneer in Korean hair artistry, JUNO popularized prevention-focused, multi-step hair wellness treatments that have become a key pillar of the global K-beauty trend. Through JUNO Academy, the company has trained thousands of beauty professionals worldwide, reinforcing its reputation as a premier institution in the industry.
Yun-Seon Kang, CEO and Founder of JUNO, said:
“This partnership with Blackstone marks a significant milestone for JUNO and reaffirms our confidence in the future of the brand. With Blackstone’s support, we are committed to delivering exceptional Korean beauty and wellness services to a global audience.”
Eugene Cook, Head of Blackstone Private Equity Korea, added:
“It is an honor to support JUNO’s leadership team. This investment underscores Blackstone’s commitment to accelerating the growth of family-owned businesses by leveraging our global scale and operational expertise.”
Sonny Park, Principal at Blackstone Private Equity, highlighted the rising global demand for Korean beauty services:
“We are excited to be at the forefront of this trend through our partnership with JUNO. Our focus is to help the company better serve customers domestically and internationally with Blackstone’s world-class resources.”
This marks Blackstone’s fourth private equity investment in South Korea, strengthening its position in supporting the growth of consumer and lifestyle businesses across Asia.
