Private equity firm Corstone Asia is increasing its presence in the market for mid-size buyout deals, making a series of investments in partnership with other investors.

Corstone Asia and Q Capital Partners singed a deal to buy 100% of Norang Food, which operates fried chicken chain Norang Tongdak, for 70 billion won ($60 million) on September 18. They will invest 25 billion won and 15 billion won respectively in the chain, with the remainder financed by loans.

Corstone Asia formed a consortium for the deal reportedly to reduce risk and work together with Q Capital to increase the value of the chain. They both specialize in investing in mid-market companies.

The Seoul-based firm also participated in MiraeN’s acquisition of Young Toys, which was completed earlier this month.

MiraeN bought 100% of the toy maker from Hong Kong-based investment firm PAG for 148 billion won in a deal where Corstone Asia invested 33 billion won. The education service provider reportedly plans to use the company for its ambitions to expand into the market for toy content.

The two deals were done out of the firm’s second blind-pool fund, which closed at 200 billion won in 2018. The fund has about 60 billion won of dry powder or uninvested capital. Other investments made from the fund include insurance comparison and purchase platform Peoplelife and apparel manufacturer R-Cade Korea. (Reporting by Se-hun Jo)