"Policy Finance, Private Capital, and Strategic Investor Join Forces"
IBK Venture Investment announced on January 8 that it has completed a 30 billion won investment in Creon Unity, a company specializing in IT distribution and integrated maintenance services for the financial sector.
On the 30th of last month, at the headquarters of IBK Venture Investment on Teheran-ro, Gangnam-gu, Seoul, Hyo-Seung Cho, CEO of IBK Venture Investment (fourth from the left), Young-Chul Choi, CEO of SGA Solutions, and Kyung-Min Kim, CEO of Axis Investment, are posing for a commemorative photo. IBK Venture Investment
The investment was made through the Axis-IBKVC Digital Infrastructure New Technology Business Investment Fund, which was established jointly with Axis Investment.
SGA Solutions, an integrated security solutions company, participated as a strategic investor (SI) in this investment.
An official from IBK Venture Investment explained, "This investment is considered a case in which policy finance, private capital, and a strategic investor participated together, thereby strengthening the company's management stability and laying the foundation for mid- to long-term growth."
Hyo-Seung Cho, CEO of IBK Venture Investment, stated, "This is a policy finance investment that goes beyond a simple financial investment to support the sustainable growth of family business succession companies. Going forward, we will continue to discover small and medium-sized enterprises with competitiveness in the industrial field and contribute to their stable growth and the sustainability of the industrial ecosystem."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

