Hyesung Newsletter Vol. 25-12.
Quarterly Brief - Q1, 2025
As economic and political uncertainties continue to grow both domestically and globally, the 2024 year-end closing season has come to an end with the completion of the first quarter. Despite the turbulent market environment, Hyesung Accounting Corporation and Hyesung Advisory have achieved meaningful milestones by supporting the Korean market entry of the global fintech unicorn Airwallex and the global fully furnished residence service provider Blueground.
Additionally, Moore Global, Hyesung’s global alliance partner, achieved a significant milestone by recording USD 5.1 billion in global revenue, marking a 13% growth compared to the previous year. While economic prospects remain uncertain and challenging, Hyesung will continue to identify opportunities amidst change and grow as a professional group that prepares for the future.
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Featured News
Moore Global Surpasses $5 Billion
in Annual Revenue for 2024
Hyesung’s global alliance partner, Moore Global, recorded $5.1 billion in annual revenue for 2024, marking a 13% increase and achieving double-digit growth for the fourth consecutive year. CEO Anton Colella stated that the trust and quality of the network, particularly in the mid-market sector, have been the key drivers of growth. He also highlighted that the addition of new member firms to Moore’s global network, which consists of 234 member firms across 116 countries, has contributed to the increase in revenue.
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Featured News
Deal Advisory Expert, Danny Park, Joins Hyesung
as a new Partner
Hyesung Accounting Corporation has newly welcomed Partner Park Sungjun, who brings over 20 years of experience in M&A and financial advisory from Samil PwC FAS, KB Securities M&A Division, Iljin Group Investment Office, and Aquila Private Equity. With this addition, Hyesung aims to expand its presence in the PE advisory market, building upon its proven track record and experience in the VC advisory sector. The firm plans to further strengthen its advisory capabilities for both strategic and financial investors.
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Featured News
Moore Global Launches PE Sector Group
Hyesung’s global alliance partner, Moore Global, has recently launched the Private Equity Sector Group. This group brings together key partners from Moore member firms across 116 countries, who have extensive private equity networks and industry experience. The group will be led by Candice Czeremuskin, a partner at Moore Cayman Islands. Hyesung also plans to strengthen its collaboration with the Global PE Sector Group, with Partners Shin Seokjae and Park Sungjun at the forefront. By leveraging an expanded global network in the PE sector, Hyesung aims to further enhance its specialized service capabilities.
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Featured News
Hyesung Accounting Corporation Attends
Hong Kong Asian Financial Forum
In January, Chris Song, Partner at Hyesung Accounting Corporation, attended the Asian Financial Forum (AFF), an annual event organized by the Hong Kong Trade Development Council (HKTDC). During the forum, he engaged with global fintech companies, financial institutions, and investment firms.
Hyesung’s fintech clients also participated in the event, taking part in networking and pitching sessions aimed at attracting investment, making it a meaningful and valuable experience.
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