Buy. Rebuild. Hold.
We partner with owners and management teams to acquire businesses across Southeast Asia. After the close, the partners do the operating work themselves.
Request our thesis
A short document on where we see value in Southeast Asia and how we plan to capture it. Shared with accredited investors.
From first meeting to year ten.
Sourcing, execution and value creation sit with the same two people. Nothing gets handed to a junior team after signing.
Deal sourcing and origination
Direct relationships with owners and a regional founder network, so we meet businesses before they are listed for sale.
Transaction execution
Diligence, structuring and negotiation, led by the partners from the first meeting to the close.
Operational value creation
Post-acquisition programs that upgrade operations, go-to-market and financial reporting.
Market entry and growth
Playbooks for new channels, new locations and new markets across the region.
Two upgrades most small businesses never get.
How it runs
How it sells
“At the heart of every great company is a set of processes which help them do things faster and more predictably than their competitors.”
A good business, held back by manual work.
Consumer brands, business services and niche industrial platforms in Thailand, Indonesia, Vietnam, Malaysia and the Philippines.
Owner-operated
Built and still run by its founder or family, who cares what happens to it next.
Proven demand
Loyal, repeat customers and cash flow that has held up over years, not months.
Manual today
Operations on paper, spreadsheets and chat apps. Little or no digital marketing.
Room to grow
A market that rewards better service, more locations or a stronger brand.
Focused process. Clear milestones.
Introductory meeting
We learn the story of the business and what you want from the next chapter.
Initial proposal
A clear indication of interest with the key commercial terms in plain language.
Due diligence
A detailed look at operations, growth potential, governance and strategic fit.
Close and build
We agree an operating plan with management and get to work.