Fund: MBK Partners II and III
Investment Date: April 2013
NEPA is one of the leaders in the fast-growing outdoor apparel market in Korea, the third largest outdoor apparel market in the world(behind US and Germany) with the highest percentage of active hikers. Operating under its proprietary NEPA and lsenberg brands, the Company designs and sells products like climbing, hiking and trekking jackets, pants and shoes as well as more urban wear like down padding coats, sweatshirts and tee shirts. NEPA has the largest retail network in the Korean outdoor apparel market, with over 350 directly-managed and franchised stores.