Write to [email protected] for more info for any of the following direct PE (buyout/controlling/large minority stake) opportunities:
SG-based Dental Chain
- 11 dental clinics + 1 GP clinic
- Among fastest growing SG companies (2019-2022) as cited by Straits Times
- FY2023 rev: SGD 24.6M; NOPAT23: SGD 2.7M; 2023 EBITDA: SGD 6.4M post IFRS-16, SGD 4.1M pre IFRS-16
- SGD 28M raise represents 49.1% of equity (SGD 13M and SGD 15M in 2 separate stages, to ideally a PE group (as opposed to a SGX-listco)
- Founder still looking to continue running business but using raise primarily to pay off debt and expand via acquisition of other clinics including into surrounding ASEAN region
SG-based High End Aesthetics Clinic in CBD
- High profit margin (50% 2023 NOPAT) clinic near Raffles Place MRT
- 40 years experience in dermatology, aesthetics, plastic/reconstructive surgery
- Services high profile celebrities
- Founded by 2 doctors (one in early 50s, one in mid 30s) w/ 5 other doctor employees where they’re looking to sell large minority or majority stake and stay on as employees
- SGD 60M valuation (needs to be paid in cash)
Johor Bahru (Iskander) Hospital (in SEZ)
- Hospital launched in 2020, w/i prime area within Johor-Singapore Special Economic Zone, and geared for growth
- Comprehensive range of medical services incl obstretics, gynaecology, paediatrics, orthopaedics, internal medicine, anaesthesiologist, radiology, IVY, fertility, etc
- State of art facility includes advanced diagnostics, large operating theatres, 4 ambulatory care centres for scopes and daycare, consultation rooms and specialized 10k sq ft fertility centre, all operational and compliant w/ regulations
- 80 beds, w/ current capacity for 130 beds
- Company owns land, building, and occupies only 25% of 3 acre land
- Medical tourism opportunity, w/ hospital benefiting from SEZ’s Special Corporate Tax rate and Knowledge Worker Tax rate
- 2023 rev: RM 15.3M; 2024 est rev: RM 19M; 2024 est PAT: RM 4M
- 100% buyout for RM 240M (RM 1.8M/bed assuming expansion to 130 beds)
Vietnam Family Medicine, Kidney Dialysis, Stem Cell Therapy Clinics
- 1st clinic building near complete in HCM
- Launching 22 clinics (over 10 yrs) in CBD and premier residential districts of HCM, Hanoi and other Vietnamese major cities to service upper middle class traditionally looking to SG for medical treatment
- Secured license to provide healthcare services via JV w/ Vietnamese listco partner
- Yr 1 revenue low estimate: USD 6M; Yr 1 revenue high estimate: USD 12.3M
- Projected yr 5 revenue of USD 47M
- SG Holdco looking to IPO in 3yrs
- Raising USD 19.4M for building 1st few clinics (where in talks w/ banks to extend line of credit collateralized by imaging centre machines where the bank will match 1:1 up to USD 19.4M whatever is raised from external investors)
Aerial Long Term Time Lapse Video Service Provider
- 25 yr old SG SME that applies proprietary techniques into assembling/integrating hardware/software and deploying drones in manner that provides stunning time lapse HD video results to clients at fraction of cost charged by leading German competitor
- Offers in-house built time-lapse boxes and tethered UAV systems to construction companies, property developers, oil refineries, media groups, etc
- Annual turnover hitting SGD 1.5M (15% net profit margin) w/ long term contracts (on time-lapse for construction projects)
- Drone business provides extensive aerial services to build track record, capture market share and generate positive cashflow
- For expansion, looking to acquire significant stakes in two other local drone companies specialising in customised military drone technology and AI/AR construction monitoring respectively
- One of these companies also developed tethered UAV system which currently deployed through partnership
- Target capital raise will accelerate acquisitions
- As for time-lapse system developed and manufactured in-house, funding is needed to upgrade it to next version
- Raising USD 5M (target valuation USD 15M) (3M to expand into at least 2 new territories – Saudi Arabia, Thailand; 2M to start acquiring AR/VR and AI technologies)
SG-based Expat Preschool/Kindergarten
- Feeder preschool/kindergarten into international schools (British, Australian, American, etc) with strong reputation among expat families (and established since 1999)
- Preschool/kindergarten curriculum that allows for students to graduate into UK school system
- Holds 1 of ~5 Foreign System Kindergarten licenses (by SG’s MOE) that are no longer being issued
- Moved into new location near Bukit Timah in 2021 w/ 6 yrs remaining in 9yr lease
- 70 full-time students with capacity to 118
- Rev in 1st term of 23/24 up more than 15% y/y
- Looking for strategic buyer looking to increase school fees in line with international brands and to expand into other parts of ASEAN, or to roll in existing kindergartens to create premium kindergarten brand
- Est Rev 2023-2024: > SGD 1.7M; Est EBITDA 2023-2024 (ending Aug 31st): >SGD 700k
- British couple owners (who bought business in 2012) wish to move back to UK and are selling for SGD 5.5M
SG-based Sports Training Agency Platform
- Agency places instructors for tennis, swimming, gymnastics, soccer/football w/ students (starting from preschool aged to seniors)
- Agency leverages on existing sports training venues as made available through partnerships w/ >50 schools, golf & country clubs
- Minimal overhead other than student/class booking SAAS licensing fee, marketing expenses
- Annual revenue of ~SGD 3M
- Founder hoping to exit as he’s looking to move to Spain
- Strategic opportunity for investors/companies in sports, education or wellness industries
Alternative Investments (HF/Family Office/Compliance/PE) EdTech
- Online hedge fund, family office, compliance, PE programs, with strong growth via corporate training for blue chip clients with deep pockets and stickiness (e.g. Point 72, Interactive Brokers)
- Originally started w/ in-person hedge fund programs in HK, Tokyo, Singapore, New York and London
- Hedge fund program accredited by top 10 UK business school
- Raising to expand on business development (esp in London, Hong Kong, Dubai, New York), to develop courses for ESG, FX, digital assets, real estate, VC, AI in finance, Python for Finance, Data Analytics in Finance), and to acquire corporate training companies
- USD 5M pre-money valuation, and looking for another USD 1.3M (out of USD 2M)
- 2022 net loss: ~USD 100k
- Instructors are industry professionals, with emphasis on practical knowledge and networking functions
- Co-founder led M&A of Salomon Brothers & Citi, and Nikko Securities & Schroders
- Investors/advisors include former president/CEO of CFA Institute, and co-founder of SuperCharger Ventures (an EdTech Accelerator)
SG Yakiniku Restaurant Chain
- Founded 20 yrs ago and now has 13 outlets in SG and 10 in HK
- Serves A4/A5 Miyazaki Wagyu which won Japan’s “National Wagyu Award” for 3 straight yrs
- Fresh ingredients from Japan
- Among lowest labor cost/rev in industry, requiring only 3 kitchen staff for 60 seater resto w/ > 50 menu items
- Launched Quick-Service Restaurant (QSR) concept Apr/May 2024 in CBD w/ Yakiniku sets @ SGD 15, and to expand in SE Asia
- 2023 Rev: SGD 40M; 2024 est Rev: SGD 45M; 2024 est adjusted EBITDA: SGD 4.6M
Malaysia’s #1 Premium Chinese Restaurant Chain
- 14 outlets across Greater Kuala Lumpur (w/ 4 concepts in Premium Casual, Casual, Pork-Free Modern Chinese, Casual & Seafood)
- Rev from dine-ins, functionals and seasonal products
- Fast growing loyalty program (> 30% of 2022 rev)
- High cash generative business w/ 90% dividend payout ratio
- Founded 24 years ago
- 23% 2022 EBITDA margin (highest among regional Chinese peers)
- 2023 rev: MYR 156.1M; 2023 GP margin: 69%; 2023 EBITDA: MYR 32.1M
- Est 2024 rev: MYR 160.8; Est 2024 EBITDA MYR 33.6M
SG Hotpot/BBQ Restaurant Chain
- Founded 2014 w/ 16 outlets in SG
- Located in many malls and opening 17th location, w/ 170 employees
- Rev: SGD 20M; Net Profit: SGD 2.7M; 2022 after-tax profit margin: 15%
- Owner who had sold her previous porridge chain in Beijing (22 locations) to Jollibee Group for USD 55.5M in 2009 is looking to retire and sale 100% @ 8x net profit ~ SGD 21.6M
- 2nd level of management able to takeover
- Great opportunity to expand brand throughout SE Asia
Steakhouse SG Restaurant Chain
- Founded 2010 by 2 chef/co-founders w/ 60 yrs experience in total, w/ 5 outlets in SG
- Shareholders looking to partially divest and/or to seek capital to expand
- Total capacity of 489 seats and serving 36k customers monthly in Central and Eastern SG
- Looking to add Halal concept
- Vietnam partner looking to launch 10 branches
- Strong brand awareness in SG, and known for quality w/ value
- Can either fully sale or partially w/ earn out mechanism and/or any combo of sale and development capital (of SGD 5M+) to support expansion (in SG) as well as to introduce new concept to attract new customer segment and for working capital and debt repayment
- Rev SGD 14-16M/yr w/ 2023 EBITDA > SGD 1M
Popiah Asian Fusion SG Restaurant Chain
- Launched in 2016 on inspiration from mother’s original hawker concept serving popiahs, kueh pie ti, laksa and muah chee
- Guoco Tower flagship location (600 sq ft) esp popular, w/ other locations in One Raffles Place, Compass One, Tampines, Westgate, Hillion Mall
- Growth opportunity w/ Halal certification, and can expand w/ franchise-ready model to SE Asia, Australia and Europe
- Central kitchen has spare capacity
- App provides loyalty program and helps analyse ordering patterns, preferences, peak times, helping w/ menu optimization and targeted marketing
High End Fusion SG (Chinatown) Restaurant
- European-Asian fusion
- 1 location in heritage building w/ outdoor patio
- Award-winning chef
- Hosts and caters for corporate events
- Not actively looking to sell but available for SGD 3.5M where capital enables expansion
Premium Casual SG American/Western Cuisine Restaurants
- Established in 2012 w/ 2 outlets in upper mid end malls in downtown shopping/business districts
- 2019-2023, operated additional outlets
- 2023 rev: SGD 5.1M; 2023 EBITDA: SGD -0.06M
Japanese Omakase SG (Orchard) Restaurant
- Chef/Co-Owner has decades of culinary experience at omakase restaurants
- Spent SGD 300k on renovating space
- Available for SGD 1M