On June 11, Samil PwC announced that it had signed a memorandum of understanding (MOU) with Plan H Ventures, a corporate venture capital firm established by Hoban Construction, to support startups and companies in their growth stages.
Plan H Ventures is an accelerator and venture capital firm that aims to connect and innovate between traditional and new industries, based on Hoban Construction's philosophy and goal of sustainable management as a 'comprehensive developer.'
Through this agreement, the two companies plan to actively provide integrated management support services for companies invested in or to be invested in by Plan H Ventures, support for accounting audits and financial due diligence, and customized consulting and assistance for fundraising and exits (investment recovery) tailored to each stage of company growth. Samil PwC intends to actively support Plan H Ventures' portfolio companies in establishing stable management systems and achieving sustainable growth.
Hong Junki, Head of Audit at Samil PwC, stated, "Through this agreement, we will systematically support the management areas that startups and growth companies often overlook, helping them build a foundation of trust for investors."
Won Hankyung, CEO of Plan H Ventures, commented, "There are many companies with good business models and competitive products that fail to scale up due to shortcomings in management and organizational operations. Through collaboration with Samil PwC, we will support our portfolio companies so that they can grow stably, based on transparent accounting and systematic organizational management systems."
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