GIC and Temasek Acquire Significant Stake in Novotech as TPG Reinvests
March 31, 2025
Affiliates of GIC and Temasek have signed binding agreements to acquire a significant stake in Novotech, with existing investor TPG Asia reinvesting. The capital will support Novotech's global growth — including expansion in the US, Europe and APAC — and enable further organic investment and transformative M&A.
- Buyers
- GIC, Temasek, TPG Asia (TPG)
- Targets
- Novotech
- Industry
- Healthcare Services
- Location
- Singapore
- Transaction Type
- Growth capital
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