Danal Subsidiary Danal Investment Partners Invests in Smart Factory Company 'Sizzle'

Danal's affiliate Danal Investment Partners announced on the 4th that it has made a strategic investment in the smart factory solution company 'SIZL'.

Smart factories are intelligent production plants applying advanced technologies such as artificial intelligence (AI) and the Internet of Things (IoT), and their adoption is increasing in countries like the United States, Japan, and Korea. According to global research firms, the market size is expected to grow from $354.6 billion (approximately 516 trillion KRW) in 2024 to $564.3 billion (approximately 822 trillion KRW) by 2029, emerging as a promising industry.

Danal Investment Partners explained that it decided to invest due to the market's growth potential and SIZL's differentiated technological capabilities. SIZL provides next-generation services to its clients by combining its self-developed programmable logic controller (PLC) and intelligent smart solutions. The solution can be applied without separate equipment replacement or expansion, leading to rapid adoption in the manufacturing industry.

As a result, SIZL's client base increased from 140 in 2023 to over 200 in 2024, with sales and operating profits also rising sharply each year. The company is currently pursuing an IPO, and qualitative improvements in sales, such as increased revenue per customer and repurchase rates, suggest a swift public listing is possible.

Based on this investment, SIZL plans to actively expand its new business of 'manufacturing automation turn-key orders' combining software and hardware, while also promoting data accumulation and analysis, AI solution advancement, and internalization of core equipment. The company aims to supply solutions to large domestic and international corporations as well as primary contractors.

A representative from Danal Investment Partners stated, “SIZL is recognized externally as a leading smart factory company, having been selected as an ‘Innovative Leading Company’ by the Korea Credit Guarantee Fund and receiving a TI-2 grade in Technology Credit Evaluation (TCB), while achieving sales growth. It is a company expected to see an increase in investment share value due to rapid growth, and we will continue to cooperate for mutual development.”