- Companies
- V3 Group
V3 Group Valuation, Funding & Investors
V3 Group is valued at $1.2B as of December 2018.
Last V3 Group valuation
$1.2B
Undisclosed stage · Dec 2018
Last V3 Group funding round
$267M
Undisclosed stage · Dec 2018
Cumulative funding V3 Group raised
$267M
across 1 funding round
Key investors in V3 Group
About V3 Group
V3 Group is a Singapore-headquartered luxury group operating in lifestyle and wellness sectors across over 100 cities in 26 countries. Its portfolio encompasses the OSIM massage products launched in 1980, TWG Tea as a premium tea brand, and ONI Global, Asia's largest nutritional supplements retailer holding exclusive GNC franchise rights in Singapore, Malaysia, and Taiwan. Additional brands include LAC blending eastern herbs with western processing and Xndo for formulated health foods, complemented by Futuristic Store Fixtures serving global retail brands.
Founded
1980
HQ
Website
Status
Privately held
Customer focus
B2C
Revenue model
Product sales
Valuation
$1.2B (Dec 2018)
Sectors
V3 Group Valuation
V3 Group is currently valued at $1.2B, based on its undisclosed-stage round in December 2018.
The $267M round was led by KKR.
V3 Group valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Dec 2018 | Undisclosed stage | $1.2B |
V3 Group Funding History
V3 Group has raised a total of $267M across 1 funding round.
V3 Group funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Dec 2018 | Undisclosed stage | KKR (lead) | $267M | $1.2B | V3 Group, headquartered in Singapore, is a specialty retailer of luxury lifestyle and wellness products across Asia, owning brands like OSIM massage chairs, TWG Tea, and ONI (including GNC, LAC, Xndo), with a presence in over 100 cities in 26 countries. The company also owns Futuristic Store Fixtures, supporting global retail brands. KKR invested up to S$500 million (approximately $366.6-367 million USD) in December 2018 from its Asian Fund III, acquiring a significant stake at an enterprise value of about S$1.7 billion, advised by Evercore Asia. This represented over 50% increase in enterprise value since V3 was taken private. V3's annual revenue exceeded S$600 million in the year prior to the investment (2017), recovering from prior declines due to China store closures, with profits also rising. The investment supports expansion, including TWG Tea in Japan and the US, OSIM in China, and earnings-accretive M&A opportunities. KKR highlighted V3's position in the growing Asian consumer sector. The deal underscores V3's brand creation history and regional leadership in luxury wellness, positioning it for global growth. |
Who has invested in V3 Group?
1 investor has backed V3 Group across its funding rounds, including KKR.
Lead investors include KKR.
V3 Group Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
This data is available for Pro users. Sign up to see all 1 V3 Group investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialV3 Group Competitors
V3 Group competitors include listed companies like Guangdong CHJ Industry, Beijing Kingee Culture, DR Corp and Vivara, and private ones like Chrono24 and Kota Gold.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $1.4B | $113M | $1.2B | 0.7x | ||
| Private | $215M | - | $1.2B | 5.4x | ||
| Private | - | - | $1.2B | - | ||
| Publicly listed | $131M | $15M | $1.1B | - | ||
| Publicly listed | $227M | $52M | $1.3B | 3.4x | ||
| Publicly listed | $523M | $174M | $1B | 1.9x |
V3 Group Public Comps
V3 Group is still privately-owned, but its public comps include Guangdong CHJ Industry, Beijing Kingee Culture, Vivara, DR Corp, Gens Aurea, Salvatore Ferragamo, Movado Group, Beijing Caishikou, Canada Goose and CHOW TAI SENG Jewellery.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $1.4B | $113M | 0.8x | 0.7x | 9.7x | 6.5x | |||
| $131M | $15M | 7.2x | - | 62.4x | - | |||
| $523M | $174M | 2.3x | 1.9x | 6.9x | 7.0x | |||
| $227M | $52M | 3.3x | 3.4x | 14.4x | 14.6x | |||
| $963M | $119M | 1.4x | - | 11.6x | - | |||
| $1.1B | $123M | 1.8x | 1.8x | 16.8x | 9.7x | |||
| $671M | $44M | 0.9x | 0.9x | 13.6x | 11.6x | |||
| $4.3B | $247M | 0.3x | 0.2x | 4.7x | 5.4x | |||
This data is available for Pro users. Sign up to see all V3 Group competitors and their valuation data. Start Free Trial | ||||||||
Common questions about V3 Group
| When was V3 Group founded? | V3 Group was founded in 1980. |
| Where is V3 Group headquartered? | V3 Group is headquartered in Singapore, Singapore. |
| Is V3 Group publicly listed? | No, V3 Group is a private, VC-backed company. |
| What is V3 Group's valuation? | V3 Group was last valued at $1.2B in its undisclosed-stage round in December 2018. |
| How much funding has V3 Group raised? | V3 Group has raised $267M across 1 funding round. |
| What was V3 Group's last funding round? | V3 Group's last funding round was a $267M undisclosed-stage round in December 2018, led by KKR. |
| Who are V3 Group's investors? | V3 Group's investors include KKR. |
| Which companies are comparable to V3 Group? | Companies comparable to V3 Group include Guangdong CHJ Industry, Chrono24, Kota Gold, Beijing Kingee Culture, DR Corp and Vivara. |
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