EQT Value-Add Infrastructure to acquire SK Shieldus, a leading South Korean integrated security operator
Summary
The Company also provides a "closed loop offering", covering both physical and cyber protection to strategic customer locations. Moreover, EQT Value-Add Infrastructure plans to decarbonize the Companys vehicle fleet in favor of increased electrification and phasing out of fossil fuel. The company is a clear leader in both the Korean physical and cyber security markets and EQT Value-Add Infrastructure is excited about partnering with SK Square to support SK Shieldus as it continues to roll out new digitized security solutions and invest in the decarbonization of its vehicle fleet." Park Jung-ho, Vice Chairman of SK Square, said, "Our joint management deal will provide us an opportunity to upgrade the global competitiveness of the Korean security industry. With the support from EQT, SK Square will further enhance the shareholder value, based on its first full-cycle investment performance since the launch of the company."