Anchor Equity Partners and KKR have agreed to acquire a controlling stake in mobile commerce company Ticket Monster (TMON) from Groupon (NASDAQ: GRPN), which will retain a 41% minority stake. The investment is based on a $782 million fully diluted valuation of TMON. Boasting over 9 million application downloads since the end of 2014, TMON is a mobile-first, e-commerce platform that provides an online and mobile shopping experience to customers across South Korea. The online marketplace offers a curated selection of discounted items such as clothing, entertainment/leisure coupons and vacation packages. Various other investors including the Canada Pension Plan Investment Board and Pavilion Capital will also participate as investors in the transaction, which is expected to close in 2Q.