Acquisitions in Singapore

SUNRATE, a Singapore-headquartered payments and treasury management platform, acquired an experienced payments team along with its acquiring systems and an established book of business. The acquisition enables SUNRATE to launch global acquiring as a new business line and deepen its end-to-end payment acceptance capabilities across online and offline channels.

8x8, Inc. acquired Maven Lab, a Singapore-based mobile marketing and enterprise messaging provider, to expand end-to-end customer engagement capabilities across the Asia-Pacific region. The deal brings Maven Lab’s cloud-based Moobidesk customer engagement and messaging platform into the 8x8 Platform for CX to enhance APAC-native messaging, automation, and omnichannel orchestration. Financial terms were not disclosed.

Vantage Corp, through its subsidiary, completed its previously announced acquisition of PJ Marine Singapore Pte. Ltd., a shipbroking firm. Vantage said the deal supports its entry into the China market and strengthens its petrochemicals and sales & purchase practices, while it continues working toward acquiring PJ Marine Shanghai Co., Ltd. and Peijun Marine Consultant Co., Limited.

Meta Platforms has acquired Manus, a Singapore-based developer of general-purpose AI agents, in a deal reported by The Wall Street Journal to be valued at over $2 billion. Manus will continue operating its subscription service and remain based in Singapore, while Meta plans to integrate Manus’ automation capabilities into its consumer and business products and wind down remaining Manus operations in China with no continuing Chinese ownership interests.

GlobalFoundries (GF) announced the acquisition of Singapore-based Advanced Micro Foundry (AMF), a specialty silicon photonics foundry, to expand GF’s silicon photonics manufacturing footprint and accelerate its AI infrastructure portfolio. The deal combines AMF’s manufacturing assets, IP, and talent with GF’s global operations, with plans to scale AMF’s Singapore 200mm silicon photonics platform to 300mm and to establish a silicon photonics center of excellence in Singapore in partnership with A*STAR.

Zero Two, a digital infrastructure investment platform headquartered in Abu Dhabi, made a strategic growth investment in Evolution Data Centres, a sustainable data centre platform focused on Southeast Asia. Under the transaction, Zero Two will assume a co-controlling position alongside existing investor Warburg Pincus, providing long-term growth capital to accelerate deployment of hyperscale-ready data centres across Southeast Asia.

Safe Life, a provider of life-saving equipment and training, announced the acquisition of Singapore-based HTM Medico, a leading distributor of automated external defibrillators (AEDs). The deal marks Safe Life’s entry into Asia and is part of its ongoing acquisition-driven growth strategy in AEDs and public safety equipment. HTM Medico will continue operating under its existing brand while leveraging Safe Life’s broader resources and expanding product portfolio.

TDCX Group acquired SUPA, a gig-powered data labeling and annotation platform, to strengthen its ability to deliver complex AI data services. SUPA will be integrated into Chemin, TDCX Group’s recently launched AI enablement subsidiary, expanding Chemin’s capabilities across advanced data pipelines, model evaluation, and other human-in-the-loop AI services.

ShawKwei & Partners, through its controlled platform Liberty Energy Solutions Ltd, completed the acquisition and privatization of PEC Ltd via a Scheme of Arrangement, resulting in PEC’s delisting from the Singapore Exchange. The transaction was valued at approximately US$160–165 million and was executed through Alliance Energy Services Pte Ltd, a Liberty Energy–majority-owned holding company with minority ownership by PEC’s Chair Edna Ko and CEO Robert Dompeling.

Aquatech acquired Singapore-based Century Water, a provider of ultrapure process water and wastewater recycling solutions serving semiconductor, pharmaceutical, and advanced manufacturing customers. Following the acquisition, Century Water will become Aquatech’s center of excellence for high-tech industries, expanding Aquatech’s capabilities in high-purity water technology, digital services, and operations & maintenance support. The deal also establishes a strategic base for Aquatech in Singapore, including Century Water’s O&M and BOOT contracts.

Affiliates of GIC and Temasek signed binding agreements to acquire a significant stake in Novotech, a biotech-focused clinical research organization (CRO). Existing investor TPG will also reinvest through its TPG Asia fund, with the new capital intended to support Novotech’s global expansion and future M&A opportunities. Financial terms were not disclosed.

Klick Health acquired the operations of Ward6 Singapore, Singapore’s largest independent life sciences/healthcare marketing agency. The deal expands Klick’s Singapore presence and strengthens its healthcare professional (HCP) marketing and medical communications capabilities for clients across the Asia-Pacific region.

High-Trend International Group completed a $4,452,999 private placement of 1,699,618 Class A ordinary shares to co-founder Mr. Dong Zhang, acting through Speed Wealthy Ltd., at $2.62 per share. The shares are subject to a 36-month lock-up, and the company will use the proceeds for general working capital purposes.

Angsana Molecular & Diagnostics Laboratory and Pathnova Laboratories have merged to create Archerfish Precision Diagnostics Private Limited in Singapore. The combined company will offer an expanded suite of advanced diagnostic assays, leveraging molecular diagnostics, serology, artificial intelligence, and next-generation sequencing for cancer screening and precision diagnostics. The merger is backed by a consortium of strategic investors including Temasek Life Sciences Laboratory, The Life Sciences Innovation Fund, Temasek Life Sciences Accelerator, and SEEDS Capital.

FINN Partners has acquired RICE Communications, a Singapore-based strategic communications and public relations consultancy focused on travel, technology, and corporate/consumer PR across the Asia-Pacific region. The deal expands FINN Partners’ Singapore presence and adds/strengthens offices and coverage across key Southeast Asian markets, with the combined Singapore team approaching 100 employees.

Brown Brothers Media Pte. Ltd., a Singapore-based digital media company, acquired DMNews (dmnews.com) effective February 15, 2025. Following the acquisition, Brown Brothers Media appointed DMNews co-founder Justin Brown as editor-in-chief to drive the platform’s continued growth in self-improvement and lifestyle content.

Sika has acquired Elmich Pte Ltd, a Singapore-headquartered supplier of urban greening systems and green roof solutions. The deal expands Sika’s roofing and waterproofing offering in Asia/Pacific and strengthens its specification business for commercial and residential projects.

The Global Loan Agency Services Group ("GLAS") completed its acquisition of Watiga Trust and Watiga Asia (collectively, "Watiga"), a Singapore-based corporate, trust and funds service provider. The deal, originally announced in March, closed after receiving regulatory approval from the Monetary Authority of Singapore in late November. The acquisition expands GLAS’s Asia-Pacific presence and enables GLAS to deliver loan agency and trustee services from a Singapore base while offering Watiga clients access to GLAS’s broader international platform.

A consortium led by Starwood Capital Group, Sixth Street and SSW Partners (alongside Warburg Pincus, Qatar Investment Authority and ESR’s founders) agreed to take ESR Group Limited private via a Hong Kong scheme of arrangement, valuing ESR at approximately HK$55.2 billion (US$7.11 billion) and offering HK$13.00 per share in cash or a share-rollover alternative. The transaction completed on 4 July 2025, with ESR delisting from the Hong Kong Stock Exchange and becoming privately held, with certain shareholders (including OMERS and Sumitomo Mitsui Banking Corporation) rolling some or all of their equity into the go-forward business.

Standard BioTools Inc. (Nasdaq: LAB) has acquired Sengenics Corporation Pte Ltd, a Summa Equity portfolio company. The deal combines Sengenics’ KREX antibody profiling and immunoproteomics capabilities with Standard BioTools’ SomaScan platform to expand its proteomics offering for biomedical research and drug development.

CVC DIF agreed to acquire a 49.9% stake in ECO, Singapore’s leading hazardous waste management company, through DIF Infrastructure VII. Séché Environnement is selling the minority stake but will retain 50.1% ownership and partner with ECO to support growth in sustainable infrastructure across Southeast Asia.

Allstate Protection Plans, a division of The Allstate Corporation, acquired Kingfisher, a privately held company that optimizes the lifecycle of smart devices through repair, replacement, trade-in, and upgrade solutions. The deal expands Allstate Protection Plans’ mobile-industry offering by adding Kingfisher’s circular-economy products and mobile expertise to better serve carriers, manufacturers, and retailers globally.

The JV platform jointly established by Warburg Pincus and Lendlease, together with its managed investment vehicle LINO, acquired an approximately S$1.6 billion portfolio of industrial assets in Singapore. The assets were acquired from entities associated with Blackstone and Mr. Lim Chap Huat (Executive Chairman of Soilbuild Group Holdings Ltd.) and comprise business parks and specialist facilities oriented to life sciences and R&D uses.

EQT Private Capital Asia, through BPEA Private Equity Fund VIII, completed the acquisition of PropertyGuru Group Limited in an all-cash merger for USD 6.70 per share, valuing the company at approximately USD 1.1 billion. Following the transaction, PropertyGuru was delisted from the NYSE and will operate as a privately held company headquartered in Singapore.

Payoneer, a cross-border payment processing platform, acquired Singapore-based Skuad, an employer-of-record (EOR) and global workforce/payroll management provider. The deal value was USD 61 million plus potential earnouts of up to USD 20 million in cash and equity over the next 18 months.

Hagiwara Electric Holdings Co., Ltd., via its subsidiary Hagiwara Techno Solutions Co., Ltd., has acquired all shares of BellaDati PTE. LTD., an IoT framework and advanced analytics software provider. BellaDati founder and CEO Martin Trgina will step down following the acquisition and remain briefly for transition, with Kazuto Saito to be appointed as the new CEO. The deal positions BellaDati as a core data infrastructure platform within Hagiwara Techno Solutions’ strategy to expand into new markets and higher value-added data businesses.

C5i (Course5 Intelligence Limited) has fully acquired Analytic Edge, an AI-based marketing analytics solutions provider. The deal is intended to strengthen C5i’s integrated analytics and AI capabilities, expanding end-to-end offerings across marketing analytics, optimization, and broader data/AI services. Analytic Edge’s Qube platform and global team will be integrated to enhance scalable delivery and product innovation.

Carousell Group has acquired LuxLexicon, a luxury bag reseller and authenticated luxury consignment platform. The deal is intended to accelerate Carousell’s luxury category growth through an omnichannel strategy and expanded premium luxury offerings, while enabling LuxLexicon to leverage Carousell’s re-commerce capabilities and overseas expansion opportunities. LuxLexicon will continue operating under its existing brand, retaining its name, team, and retail space.

KNAV, an international accounting and advisory firm, announced a merger with Singapore audit firm Natarajan & Swaminathan to strengthen KNAV’s local presence and expand capabilities in the region. Post-merger, Natarajan & Swaminathan will join KNAV International Limited as a new member while retaining its name and leadership team, adding partners and staff to KNAV’s Singapore team.

Meaningful Partners LLC has closed a strategic growth investment in Allies of Skin, a science-led skincare brand founded in Singapore by Nicolas Travis. The capital will support Allies of Skin’s expansion into the United States across digital and retail channels, including marketing, product R&D, and building a US-based team.

MOL Chemical Tankers (a subsidiary of Mitsui O.S.K. Lines) acquired 100% of the shares of Fairfield Chemical Carriers (Fairfield-Maxwell) in an all-cash share transfer valued at about $400 million. The deal, signed in late September 2023 and completed on March 1 after regulatory approvals, adds Fairfield’s 36 chemical tankers (and related subsidiaries) to MOL Chemical Tankers’ fleet, expanding its global stainless-steel chemical tanker platform.

Lotus Technology Inc. (Lotus Tech) completed its previously announced business combination with L Catterton Asia Acquisition Corp (LCAA), a SPAC formed by affiliates of L Catterton. Following the transaction, the public company retains the name Lotus Technology Inc., LCAA became a wholly owned subsidiary of Lotus Tech and is expected to be delisted, and Lotus Tech’s ADSs are expected to begin trading on Nasdaq under the ticker “LOT” on February 23, 2024.

Xalts, a digital finance application platform used by financial institutions, announced the acquisition of Contour Network, a digital trade and supply chain finance network owned by a consortium of global banks. Xalts plans to combine its multi-party application, digitization, and tokenization capabilities with Contour’s trade-finance workflows and bank/corporate network to expand embedded solutions for trade and supply chain finance.

Euronet Worldwide, Inc. (NASDAQ: EEFT) announced the acquisition of Infinitium Holdings Pte. Ltd., a Singapore-based digital payments company providing risk management and payment authentication services such as 3D Secure (3DS). Infinitium’s technology will be integrated into Euronet’s Ren payments platform to enhance fraud protection and reduce merchant chargebacks for eCommerce (“card not present”) transactions, with Infinitium’s management team expected to remain post-close.

Resources Connection, Inc. (RGP) acquired 100% of the equity of CloudGo Pte Ltd. and its subsidiaries, a Singapore-headquartered digital transformation consulting firm and Elite ServiceNow Partner. CloudGo will be combined with RGP’s Veracity business to accelerate RGP’s digital transformation and ServiceNow capabilities across the Asia Pacific region and support U.S. and European markets.

Treehouse announced the acquisition of the intellectual property (IP) of Origins Analytics to expand its product offering in non-fungible token (NFT) analytics. As part of the deal, Origins’ founding team will join Treehouse to integrate Origins’ NFT analytics technology and tools into Treehouse’s flagship platform, Hyperion.

Bain Capital signed a definitive agreement to acquire all outstanding shares of Chindata Group Holdings Ltd and take the company private at US$4.30 per ordinary share (US$8.60 per ADS). Bain Capital will complete the transaction alongside a group of existing and new investors, providing an exit for public shareholders.

AGIC Capital led a growth equity investment round of an undisclosed amount in AP Technologies, a Singapore-based medical device contract manufacturer specializing in precision medical tubing and catheter assemblies. AGIC will partner with AP Tech’s founders and management team to accelerate global growth and expand its medical tubing products and related services.

NV5 Global, Inc. acquired Red Technologies, an information technology and utility infrastructure services provider focused on mission critical data centers. The deal (funded with a combination of cash and stock) expands NV5’s data center and mission critical capabilities and strengthens its presence across the Asia Pacific region, where Red Technologies is headquartered in Singapore and operates across multiple regional offices.

adm Group acquired DASS, a Singapore-headquartered digital and shopper marketing boutique agency, along with its proprietary MarTech platform FLOW. The deal strengthens adm Group’s shopper marketing and digital engagement capabilities, enabling more data-driven marketing execution and digital point-of-sale activation for enterprise clients. DASS will continue to be led by founder Wayne Cowden, who will join adm Group’s APAC senior leadership team.

IQ-EQ, an Astorg portfolio company, announced the acquisitions of Lymon PTE and ComplianceAsia to expand its regulatory compliance services footprint across Asia Pacific. The deals strengthen IQ-EQ’s existing compliance operations and position it as a leading independent regulatory compliance provider globally.

K2 Partnering Solutions announced the acquisition of Aquient, a customer experience and digital transformation consultancy focused on the Asia-Pacific region. The deal expands K2’s managed solutions capabilities in enterprise applications and strengthens its presence in Asia, adding Aquient’s expertise across customer experience design, data science, machine learning, marketing technology, and CRM.

Soprano Design acquired Singapore-based mobile messaging company Hello Technology, with the transaction completion announced on 17 April 2023. The deal strengthens Soprano’s CPaaS capabilities and APAC footprint by adding Hello Technology’s A2P messaging services and enterprise/carrier-grade SMS connectivity. Equiteq advised Hello Technology as financial advisor on the sale.

Wireless Logic, a global IoT connectivity platform provider, has acquired Singapore-headquartered Blue Wireless, a managed service provider for wireless network solutions. The deal expands Wireless Logic’s geographic reach in Asia Pacific and the United States and enhances its fixed wireless access (LTE/5G) service offering for enterprise connectivity and SD-WAN deployments.

Doctor Anywhere, a Novo Holdings portfolio company, acquired Catalist-listed Asian Healthcare Specialists, an integrated specialist healthcare provider in Singapore. The deal expands Doctor Anywhere’s capabilities beyond primary care into multidisciplinary specialist clinics, supporting its regional growth ambitions across Southeast Asia. Doctor Anywhere also raised a US$38.8 million Series C1 round led by Novo Holdings, with participation from existing investors, to accelerate growth and partly fund the acquisition.

Monument Re, through its Isle of Man subsidiary Monument International Life Assurance Company Limited (MILAC), completed the acquisition of the closed book portfolio of Zurich International Life Limited’s Singapore long-term life insurance business. Following court and regulatory approvals in the Isle of Man and Singapore, the portfolio and employees of the Zurich International Life Limited Singapore branch transferred into MILAC’s Singapore branch.

PropertyGuru Group Limited acquired Sendhelper, a Singapore-based home services technology company, to expand into home management and maintenance services. The deal adds an on-demand platform for booking services such as cleaning, air-conditioner maintenance, and handyman repairs, supporting PropertyGuru’s strategy to build an end-to-end digital property ecosystem in Southeast Asia.

Funds advised by Searchlight Capital Partners, L.P. completed the acquisition of a minority ownership stake in Synergy Marine Group, a global ship manager and provider of end-to-end maritime solutions. Synergy Marine Group, founded in 2006 and headquartered in Singapore, manages approximately 500 vessels and provides technical management, crew management, and marine services. Transaction terms were not disclosed.

The Marketing Practice has acquired APAC-based B2B tech marketing specialist Rombii to accelerate its growth across the APAC region. Rombii will enhance The Marketing Practice’s capabilities in media, data, audience insight, and sales activation, while remaining under The Marketing Practice brand. The Marketing Practice is backed by Horizon Capital, and Rombii’s founder and managing director will remain in their roles.

ENTECH Global Solutions (EGS) announced the acquisition of Pestbusters Pte Ltd in Singapore and Original Pestbusters Sdn Bhd in Malaysia, collectively known as PestBusters. The deal marks EGS’s first acquisition since Concentric Equity Partners recapitalized EGS in early 2021, expanding EGS’s integrated pest control and environmental services platform across Southeast Asia.

VISEO, a global IT and digital transformation services company, announced the acquisition of Scanomi, an Anaplan Gold Partner in Asia. The deal expands VISEO’s Connected Planning and Anaplan implementation capabilities and supports larger-scale digital transformation projects across the APJ region. Scanomi is headquartered in Singapore and serves clients across Southeast Asia.

Qualcomm, Inc. announced it has acquired Cellwize Wireless Technologies Pte. Ltd., a provider of cloud-native, multi-vendor 5G RAN automation and management software. The deal is intended to strengthen Qualcomm Technologies’ 5G infrastructure solutions and accelerate innovation and adoption in Open RAN, virtualized RAN, and private/public 5G network deployments.

A consortium led by Macquarie Asset Management, via Macquarie Asia-Pacific Infrastructure Fund 3, acquired a significant minority stake in Bersama Digital Infrastructure Asia Pte. Ltd. for approximately US$610 million. Bersama Digital Infrastructure is a Southeast Asian digital infrastructure platform controlled by Provident Capital and PT Saratoga Investama Sedaya Tbk., and the investment is intended to support growth in telecom towers, fibre, and data centres, including its majority stake in Indonesia’s Tower Bersama.

Industrious announced the acquisitions of The Great Room (Asia) and Welkin & Meraki (Continental Europe) to expand its workplace-as-a-service and flexible workspace platform internationally. The transactions add locations across six new countries—Singapore, Hong Kong, Thailand, France, Belgium, and the Netherlands—representing about 1,000,000 square feet of current and pipeline space and accelerating Industrious’ global expansion plans.

Lineage Logistics, LLC acquired Mandai Link Logistics, marking Lineage’s entry into Singapore and expanding its temperature-controlled logistics footprint in Southeast Asia. Mandai is Singapore’s market leader in automated cold storage warehousing and refrigerated distribution; financial terms were not disclosed.

Tidewater Inc. completed its acquisition of Swire Pacific Offshore Holdings Limited (SPO), a subsidiary of Swire Pacific Limited, effective April 22, 2022. The transaction adds 50 offshore support vessels to Tidewater’s fleet and positions the combined company as the world’s leading offshore support vessel (OSV) operator.

Gupshup, a conversational engagement company, announced it has acquired Active.Ai, a conversational AI platform focused on banks and fintechs. Headquartered in Singapore, Active.Ai provides a Conversational Banking as a Service (CBaaS) platform used by BFSI customers across 43 countries, strengthening Gupshup’s customer experience solutions for financial services organizations.

PropertyGuru Pte. Ltd., a Southeast Asia property technology (PropTech) company, completed its previously announced business combination with Bridgetown 2 Holdings Limited, a SPAC formed by Pacific Century Group and Thiel Capital. The transaction values PropertyGuru at approximately US$1.36 billion enterprise value and delivered ~US$254 million of gross proceeds (trust cash plus PIPE) to support growth and M&A, with shares expected to trade on the NYSE under ticker "PGRU".

Immunefi acquired smart contract security firm Klevoya to expand Immunefi’s DeFi security products and services capabilities. The Klevoya team and its smart contract testing and security analysis tooling will bolster Immunefi’s security products team focused on Web3/DeFi protocols.

Grab Holdings Limited completed its previously announced business combination with Altimeter Growth Corp. (Nasdaq: AGC), a special purpose acquisition company, enabling Grab to become publicly listed on Nasdaq under the ticker “GRAB.” The transaction raised gross proceeds of approximately US$4.5 billion, including a US$4.0 billion PIPE financing led by funds managed by Altimeter Capital Management and joined by multiple institutional and strategic investors.

Vonage has acquired Jumper.ai, a Singapore-based provider of omnichannel conversational commerce solutions. The deal adds packaged, AI-enabled social messaging and conversational commerce capabilities to Vonage’s communications API and platform portfolio, along with Jumper.ai’s engineering talent and enterprise customer base.

Celestica Inc. signed a definitive agreement to acquire PCI Limited, a Singapore-based electronics manufacturing services provider, from Platinum Equity for $306 million in cash. The transaction is expected to close in mid-fourth quarter 2021, subject to regulatory approval and customary closing conditions.

Cambridge Capital led a $20 million Series A investment in Parcel Perform, a SaaS delivery experience and parcel tracking platform for e-commerce businesses. Softbank Ventures, Wavemaker Partners, and Investible participated as co-investors, with the funding intended to support Parcel Perform’s technology development (including AI) and global expansion.

Authentix acquired Strategic IP Information Pte Ltd (SIPI), an online brand and content rights protection provider, to expand its digital brand protection capabilities. SIPI will remain a stand-alone operating entity while integrating within the Authentix group over time to broaden offerings across anti-counterfeiting, online investigations, and content rights solutions.

Entravision Communications Corporation announced the closing of its acquisition of MediaDonuts, a digital marketing performance and branding company operating across seven Asia-Pacific countries. The deal expands Entravision’s digital platform into Southeast Asia, adding MediaDonuts’ programmatic, media planning, and digital advertising capabilities headquartered in Singapore.

TA Associates completed a majority investment in InCorp Global, a Singapore-headquartered corporate services provider operating across seven Asian markets. EQT Private Equity (via the EQT Mid Market fund) sold its stake in InCorp Global as part of its exit, while founder/CEO Atin Bhutani and the management team will continue to lead the business and retain ownership alongside TA. Financial terms were not disclosed.

Volaris Group announced the acquisition of CPR Vision, a provider of end-to-end CRM systems serving the luxury retail and hospitality verticals. Founded in Singapore in 2001, CPR Vision will continue to operate independently under CEO Cameron Richards while receiving support and best practices from Volaris Group.

Cobepa reinforced its existing shareholding in International SOS alongside the entry of FFP as a new investor through the acquisition of a minority interest. International SOS, founded in Singapore, provides medical prevention, healthcare access, emergency intervention, and security services to international companies and government organizations.

Platinum Equity sold Compart Systems Pte Ltd. to Shanghai Wanye Enterprises Co., Ltd. in a transaction valued at approximately $398 million. Compart, headquartered in Singapore, supplies high-precision machined metal components such as valves, fittings, and sensors, with primary operations in China and Malaysia.

Japfa Ltd entered into a strategic partnership under which TPG and Northstar Group will collectively acquire an 80% stake in Japfa’s Southeast Asia branded dairy business for US$236 million. Japfa will retain a 20% stake and continue to support the investors in managing the vertically integrated dairy business, which sells products under the Greenfields brand, with closing subject to customary conditions including shareholder approval.

Investcorp entered into a definitive agreement to acquire a majority ownership position in Viz Branz Holdings Pte Ltd, a Singapore-headquartered instant cereal and beverage manufacturer and distributor across China and Southeast Asia. The stake is being purchased from Viz Branz’s existing shareholder and CEO, Ben Chng, who will retain a significant ownership interest, and the transaction was concluded in partnership with the Asia Food Growth Platform.

GenNx360 Capital Partners portfolio company Subsea Global Solutions (SGS) acquired the commercial diving division of T&T Salvage Asia, Pte. Ltd. (TTSA). The add-on deal expands SGS’ capabilities in Singapore and strengthens its position in the Asia-Pacific region, alongside its recent Singapore acquisition of Underwater Contractors Pte. Ltd. (UWC).

Circles.Life, a Singapore-based digital telecommunications company, received a substantial growth investment from Warburg Pincus. The funding is intended to support Circles.Life’s continued growth and expansion into new markets, building on its existing operations across Singapore, Taiwan, and Australia.

GenNx360 Capital Partners-backed Subsea Global Solutions (SGS) acquired Underwater Contractors Pte. Ltd. in Singapore and Gray Diving Services Pty. Ltd. in Australia. The acquisitions expand SGS’s Asia-Pacific presence and represent the second and third add-on deals completed by SGS since GenNx360’s March 2018 investment.

EQT Mid Market Asia III has made an investment in Health Management International Ltd (HMI), a regional private healthcare provider headquartered in Singapore with operations across Singapore, Malaysia, and Indonesia. EQT will partner with HMI to support organic growth and potential future acquisitions, including further scaling of HMI’s healthcare platform in the region.

EQT Mid Market Asia III Fund announced an investment in MHC Asia Holdings Pte. Ltd., a healthcare benefits administrator headquartered in Singapore. EQT is partnering with founder and CEO Dr Low Lee Yong and the management team to support MHC’s next phase of growth, including regional expansion and further technology investment.

SugarCRM Inc. acquired the Collabspot email integration products from Collabspot Pte Ltd to enhance email-to-CRM integration and reduce manual data entry. The tools integrate CRM systems with providers such as Google and Microsoft, synchronizing emails, contacts, and calendars to improve customer visibility and insights.

SYNNEX Corporation entered a definitive agreement to acquire The Minacs Group Pte Ltd. for approximately $420 million (subject to closing adjustments) and integrate it into SYNNEX’s Concentrix business segment. The deal is intended to strengthen Concentrix’s automotive vertical domain expertise and accelerate its Marketing Optimization and IoT solutions using Minacs’ proprietary technology. The transaction was expected to close in late Q3 2016, subject to regulatory approvals and customary conditions.