"Korean companies need to start looking at M&A opportunities in overseas markets", commented Chul Joon Park, Partner of Bain & Company Seoul, a multi-national consulting firm. Chul Joon Park was recently appointed as the head of the Asia-Pacific private equity practice of Bain & Company. Bain & Company is the number one player in the global private equity consulting sector. Chul Joon pointed to the excessive competition in the Korean M&A market as the reason for searching for M&A opportunities abroad.