Kibo signs its first technology-innovation M&A contract through a public-private partnership M&A platform.

The Korea Technology Finance Corporation (Korea Technology Finance Corporation, Chairman Kim Jong-ho) announced on the 18th that it has secured its first technology innovation-focused M&A deal through a public-private partnership M&A platform established to promote M&A for small and medium-sized venture companies. This M&A was initiated when AhnGook Pharmaceutical, a KOSDAQ-listed mid-sized company, expressed its intent to acquire the company through the platform.

The Korea Technology Finance Corporation (Korea Technology Finance Corporation) linked Angook Pharmaceutical with InterCapital Partners, a private platform participant, and provided expert advice, leading to the signing of a contract with Demedi Korea, a technology innovation company in the healthcare sector. This case marks the first M&A transaction to be completed solely through brokerage and advisory services, without any guarantee support. It is significant in that it demonstrates the tangible results of a platform built through public-private collaboration.

Furthermore, this transaction, a technology-driven M&A where the acquiring company internalizes the target company's innovative technologies, is expected to contribute to securing new growth engines beyond simple business expansion. Going forward, Angook Pharmaceutical plans to continue exploring strategic partnerships and acquisition opportunities with technology-innovating companies through the Kibo M&A platform and to expand into new business areas, including health tech and H&B.

Kim Jong-ho, Chairman of the Korea Technology Finance Corporation, evaluated this contract as “an example of combining the management capabilities of a mid-sized company and the technological prowess of a small and medium-sized company through public-private cooperation,” and added, “We will strengthen our support for technological innovation-type M&A in the future to revitalize the venture recovery market.”

To support the growth strategies of small and medium-sized venture companies, the Korea Technology Finance Corporation (KIBO) operates a one-stop support system, encompassing demand identification, consulting, brokerage, and financing, through its M&A platform. KIBO is also expanding its customized support offerings for various types of businesses, including technological innovation, business succession, and restructuring. To strengthen its private-sector collaboration network, KIBO is recruiting additional M&A partners until the 4th of next month. Interested organizations can apply through the Smart Tech Bridge website.

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