K-beauty pioneer Jung Saem-mool landed investment from CLSA Capital Partners, valuing the company at approximately 300 billion won ($219 million).WHO: Jungsaemmool Beauty was founded in 2014 by renowned celebrity makeup artist Jung Saem-mool, who is responsible for countless K-beauty trends. Jungsaemmool Beauty aims to find people’s natural beauty through their own lines, colors, and textures. The brand currently operates over 1,300 locations in approximately 200 countries.CLSA Capital Partners is an alternative investment management arm under the Chinese state-owned investment company Citic Group. It manages assets worth $5 billion across the Asia-Pacific region.WHY: The new funding will support a stronger push into international markets, especially the US, and fund new product launches. DETAILSCLSA Capital Partners, a private equity firm headquartered in Hong Kong, was selected as the preferred bidder for a 50 billion won ($36 million) investment in Jungsaemmool Beauty.Jungsaemmool Beauty posted sales of 110 billion won ($80 million) and an operating profit of 12.1 billion won ($9 million). Its EBITDA was estimated at around 20 billion won ($14.6 million).The investment is expected to value the company at over 300 billion won ($219 million), exceeding 15x EBITDA.