KCGI Co., Ltd. agreed to acquire 16% stake in WINS Co., Ltd from Crescendo Equity Partners Limited.
December 19, 2021
Share
KCGI Co., Ltd. agreed to acquire 16% stake in WINS Co., Ltd (KOSDAQ:A136540) from Crescendo Equity Partners Limited on December 20, 2021. Howard Lee and Jeff Acton of BDA Partners acted as financial advisor for Crescendo Equity Partners Limited in the transaction.
Wins Co., Ltd., formerly WINSTECHNET. Co., Ltd, is a Korea-based company principally engaged in the network security business. The Companyâs products portfolio consists of intrusion prevention systems (IPSs), intrusion detect systems (IDSs), unified threat management (UTM) systems, Web application firewalls (WAFs), voice over Internet protocol (VoIP) security systems, anti-distributed denial of service (DDoS) systems, threat management systems (TMSs), fire walls (FWs) and others used to avoid illegal intrusion and provide integrated security management solutions. It also provides security operation services, threat forecast and alert services, security maintenance and management services, as well as computer security emergency response services.