STIC Investments

STIC Investments is a private equity firm established in 1999 and headquartered in Seoul, South Korea. The firm specializes in management buy-outs, acquisitions, and corporate restructuring, aiming to foster growth and prosperity in Asian economies. STIC targets investments across various sectors, including industrials, business services, information and communication technology, biology, healthcare, consumer goods, consumer technology, games, and entertainment. Through its strategic investments, STIC seeks to support promising businesses and enhance their potential for success.

Jinsoo Bae

Principal, Private Equity

Jong Ha Bae

Operating Partner

Andy Chang

Managing Partner, Head of Greater China Team and Greater China / Partners Committee Member

Se-Ho Chang

Managing Director, Private Equity

Jason Cho

Managing Partner

Yong Hwan Do

Chairman

Tim Ghim

Senior Associate, Private Equity

Jeff Hsu

Managing Director

In Kyu Hwang

Managing Director

Shin Woo Kang

Operating Partner

Susie Kim

Principal, Private Equity

Hong Jin Kim

Managing Director and Head of Vietnam

Ko, Hyun Jin

Operating Partner

Sung-Q Koh

Managing Director

Hanju Lee

Managing Director

Daniel Lee

Managing Partner, Head of Growth Capital, Growth Capital / Partners Committee

Sam Lee

Senior Managing Director

Byung Do Lee

Principal, Private Equity

Hyukjin Lee

Managing Director and Private Equity / Partners Committee Member

Hyunjy Na

Managing Director

Tran Huu Nam

Managing Director

Jong Hong Park

Senior Associate, Growth Capital

Marvin Reinhart

Principal

Tanay Saigal

Principal, Private Equity

Derrick Yun MD

Managing Director, Growth Capital

Past deals in South Korea

Musicow

Venture Round in 2023
Musicow, Inc. operates an online platform that facilitates investment in music copyrights, specifically K-Pop songs, by allowing fans to buy and sell stakes in these copyrights. Founded in 2017 and based in Seoul, South Korea, the platform enables users to bid on music creations through public auctions and a secondary marketplace. Investors can earn royalties based on the streaming and usage of the songs, thereby participating in the music industry while potentially achieving financial returns. Musicow's innovative approach connects musical artists with fans and investors, creating a unique ecosystem for music project financing and copyright sharing.

Musicow

Private Equity Round in 2022
Musicow, Inc. operates an online platform that facilitates investment in music copyrights, specifically K-Pop songs, by allowing fans to buy and sell stakes in these copyrights. Founded in 2017 and based in Seoul, South Korea, the platform enables users to bid on music creations through public auctions and a secondary marketplace. Investors can earn royalties based on the streaming and usage of the songs, thereby participating in the music industry while potentially achieving financial returns. Musicow's innovative approach connects musical artists with fans and investors, creating a unique ecosystem for music project financing and copyright sharing.

Lotte Energy Materials

Post in 2019
ILJIN Materials is a South Korea-based company specializing in the production of thin copper foils, known as elecfoil, primarily used in printed circuit boards for electronics. The company is recognized for its high-quality products and significant export sales. In addition to thin copper foils, ILJIN Materials offers a diverse range of products, including industrial diamonds, elecfoil for rechargeable batteries, touch screen panels, seamless steel tubes, extra-high voltage cables, heavy electric machines, ultrasonic medical devices, and LED lighting.

Sparkplus

Series A in 2018
Sparkplus, founded in 2016 and based in Seoul, South Korea, specializes in providing comprehensive solutions for office environments. The company designs and manages real estate contracts, interior design, construction, and furniture arrangements specifically for coworking spaces. By addressing various challenges faced by businesses regarding their office needs, Sparkplus aims to streamline the process, enabling clients to focus on their core activities without the distraction of managing their office setup.

CammSys

Private Equity Round in 2018
CammSys is a company that specializes in manufacturing and selling semiconductor equipment and camera modules specifically designed for mobile phones. Its product lineup includes various camera modules, such as a 13-megapixel camera module, VGA camera modules, and 3M sockets. The company's operations are primarily based in South Korea, where it focuses on catering to the needs of the mobile phone industry.

UlalaLAB

Series A in 2018
UlalaLAB is a South Korean company established in 2011 that specializes in developing a software-as-a-service (SaaS) platform tailored for small and medium-sized enterprise (SME) manufacturers. The company focuses on integrating Internet of Things (IoT) and machine learning technologies to enhance manufacturing processes. Its flagship product, the WimFactory Smart Factory Platform, allows for a swift transition to Industry 4.0 standards using plug-and-play IoT devices, enabling factories to access and analyze real-time operational data without the need for extensive changes to existing equipment or retraining staff. UlalaLAB's solutions support both analog and digital signals from various sensors, facilitating remote monitoring and timely notifications through a multi-device dashboard. The company's machine learning capabilities leverage advanced algorithms to identify anomalies in production, thereby improving quality control and operational efficiency for manufacturers.

Wadiz

Series B in 2017
Wadiz is a prominent crowdfunding platform in South Korea that specializes in both product and equity-based crowdfunding. It connects entrepreneurs and startups with potential investors, facilitating the funding of creative projects and innovative businesses. With a user base of 6.6 million members and 10 million monthly visitors, Wadiz has become a significant player in the crowdfunding landscape, managing over 18,000 projects annually and accumulating a transaction value exceeding $1 billion. Recognized as one of Korea's top game-changing brands, the platform enhances the entrepreneurial ecosystem by providing valuable opportunities for businesses to secure funding while allowing investors to engage with emerging companies at an early stage. Wadiz is preparing to go public on the Korean stock market, further solidifying its position in the industry.

Hanwha Systems

Private Equity Round in 2017
Hanwha Systems Co., Ltd. is a South Korean company specializing in defense products and technologies. Established in 1978 and headquartered in Seoul, the company provides a wide range of solutions, including land systems for command, control, and communication, reconnaissance, and surface-to-air missile defense. Its naval systems encompass combat management, underwater surveillance, and unmanned systems. In the aerospace sector, Hanwha Systems develops fixed and rotary wing aircraft, unmanned systems, and satellite technologies. Additionally, the company offers IT services such as system integration and cloud management. Formerly known as Hanwa Thales Co., Ltd., Hanwha Systems has evolved to leverage advanced information and communication technology, positioning itself as a leader in the defense electronics industry while also catering to sectors such as finance, manufacturing, construction, and services.

UBcare

Private Equity Round in 2015
UBCare is a South Korea-based company specializing in healthcare solutions, offering a diverse range of services and products. The company provides integrated information solutions and health management services, which include medical equipment, e-commerce services, and health functional foods available through both online and offline platforms. Additionally, UBcare is involved in e-healthcare, mobile healthcare, and home healthcare, catering to various aspects of patient care and health management. Through its comprehensive offerings, UBcare aims to enhance healthcare accessibility and improve health outcomes for its users.

Median Diagnostics

Private Equity Round in 2015
Median Diagnostics Inc. is a South Korean company that specializes in manufacturing and selling diagnostic drugs for veterinary use. Established in 1999 and headquartered in Chuncheon, the company provides a range of diagnostic solutions for various diseases affecting animals, including foot-and-mouth disease, swine fever, and avian influenza, as well as common industrial diseases like brucellosis and Japanese encephalitis. Its product offerings include ELISA kits for swine, bovine, and poultry, rapid test kits, PCR and chip kits, standard reagents, and biological products, which encompass antibodies for both veterinary and human diagnostics. Formerly known as Jeno Biotech Inc., the company rebranded to Median Diagnostics Inc. in July 2017, reflecting its focus on advanced diagnostic solutions in the veterinary field.

Jeil Hydraulics

Private Equity Round in 2009
Jeil Hydraulics Co., Ltd. is a South Korean manufacturer specializing in hydraulic pumps, motors, and valves. The company produces a range of products, including double-speed sloping board-type axial piston motors and axial swash type piston motors, which are utilized in construction, shipbuilding, and industrial machinery. Their offerings also encompass track drive motors and swing drive motors, as well as main control valves and remote control valves designed for construction equipment. Jeil Hydraulics focuses on providing solutions for various applications, including the circular movement of construction machinery and winching equipment on ships, alongside hydrostatic transmission products.

YG Entertainment

Venture Round in 2006
YG Entertainment Inc. is a South Korean talent development and production company founded in 1996 by Yang Hyun Suk. Originally named Hyun Entertainment, it rebranded to YG Entertainment in April 2001. The company has played a significant role in popularizing hip-hop music in Korea and has been the launching pad for numerous successful artists, including BIGBANG and 2NE1, as well as earlier acts like JINUSEAN and 1TYM. YG Entertainment not only focuses on music but also provides content services and manages a diverse roster of artists and actors, fostering a collaborative environment that encourages the exchange of ideas in music, fashion, art, and culture. The company's unique approach has made it a prominent figure in the South Korean entertainment industry.

Enuri

Private Equity Round in 2006
Enuri is a price comparison company based in South Korea.

SoftonNet

Series B in 2001
SOFTonNET Inc. specializes in virtualization and cloud computing solutions tailored for enterprises, universities, and government offices in the United States and East Asia. Founded in 1999 and headquartered in San Jose, California, with additional offices in Seoul and Tokyo, the company offers a diverse range of products, including Z!BootOS for disk virtualization, Z!Stream for application virtualization, Z!Desktop for virtual desktops, Z!Storage for high-performance storage, Z!Pack for portable application virtualization, and ezsComm for interactive lectures. These solutions leverage advanced application, system, storage, and desktop virtualization technologies to enhance productivity and efficiency while reducing operating costs. By supporting software as a service (SaaS) mechanisms, SOFTonNET enables organizations to manage systems and applications centrally, allowing programs to run on a virtual layer without the need for local installation.
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