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OUR COMPANIES

We have an in-depth understanding of corporate growth supported by proven investment records across all stages.

PORTFOLIO COMPANIES

MADUP​

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Investment: 2021, 2022 (Growth Capital)

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Madup is a leading AdTech company

driving the digital marketing industry

through tech and data, offering performance marketing services and automated solutions.

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Krossroad has made a growth equity investment in Madup and serves as a key strategic partner.

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ALT​

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Investment: 2024 (Largest Shareholder)

Partailly Exited (IPO)​​

 

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ALT is a telecom and media device company developing products for top-tier telecom providers. ALT leads the segmented mobile phone markets with MIVE-brand phones.

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In 2024, Krossroad acquired majority share in ALT. ALT went public on the KOSDAQ in November 2025.

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3S KOREA​

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Investment: 2025 (Buyout)

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3S Korea, listed on the KOSDAQ, is the  only company in Korea with proprietary technology for wafer shipping boxes, trusted by leading semiconductor manufacturers.

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In 2025, Krossroad acquired a controlling stake and has been actively executing value enhancement strategies. 

CREDENTIALS
(Transactions participated by Hyosang Kim during his tenure at HES Capital Partners)

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PNC LABS​

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Investment: 2016 (Significant Minority)

Exited (M&A)​​

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PNC Labs is South Korea's leading producer and supplier of cosmetic mask pack sheets.

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In 2016, HES Capital became the second largest shareholder and exited through an M&A sale to a PE fund after two years.

LUMAX AEROSPACE​

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Investment: 2016 (Buyout)

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Lumax develops precision pressure sensors and data systems for aerospace applications.

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In 2016, HES Capital executed a strategic investment to acquire a controlling stake as the majority shareholder.

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TWIM​

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Investment: 2017 (Significant Minority)

Exited (IPO)​​

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Twim provides AI inspection solutions leveraging deep learning-based computer vision technology.

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In 2017, HES Capital became the second largest shareholder and Twim successfully went public on the KOSDAQ in 2021.

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RION​

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Investment: 2018 (Largest Shareholder)

​Exited (M&A)​​

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Rion specializes in developing high-performance membranes for CMP process in semiconductors.

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In 2018, HES Capital acquired Rion and secured management stability through corporate restructuring.

PLATEER​

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Investment: 2019 (Significant Minority)

Partially Exited (IPO)​​

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Plateer provides comprehensive solutions for the operation and management of

e-Commerce platforms.

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Following its investment in 2019, HES Capital successfully executed a merger, leading to IPO on the KOSDAQ in 2021.

15th Fl. 479 Bongeunsa-ro, Gangnam-gu, Seoul, Korea (Zip: 06095)

©2025 Krossroad Partners Co., Ltd.  All Rights Reserved.

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