Tower Capital Asia

Thank you to all our investors, partners, and team for your presence at the recent Tower Capital Asia AGM 2024. Held at the Four Seasons Hotels and Resorts Singapore, the event featured an opening message from our Founder and CEO, Danny Koh, insights from Suvir Varma, Senior Advisor at Bain & Company, on the evolving SEA Private Equity market, and the latest updates of our investment activities. We were also delighted to host two fireside chats with the founders of our latest portfolio companies, Teng Chen Ji from WWRC, and Bing (Heidi) Tian & Danny Chan from Kiztopia Pte Ltd where they shared about their experiences leading up to their partnership with TCA and the journey ahead. We are grateful for the trust and support that our partners have vested in us and look forward to another year of successful collaborations and strengthened relationships. #AGM2024 #PrivateEquity #MidMarket #SoutheastAsiaMarket #PortfolioCompanies #Partnership #InvestmentJourney #FounderLedBusiness

Tower Capital Asia is proud to announce a majority stake acquisition in Kiztopia Pte Ltd, a leading family “edutainment” brand with 15 large-format Family Entertainment Centres across Singapore, Hong Kong, Thailand, Indonesia and Malaysia. This transaction “aligns with the firm’s strategy of backing high-potential, storied businesses in South-east Asia poised for regional success,” commented Mr Danny Koh, Founder and CEO of TCA.   Ms Heidi Tian, Founder and CEO of Kiztopia, shared, “This partnership with TCA marks a new chapter for Kiztopia. Since our conception in 2019, we have been dedicated to creating imaginative, safe and engaging environments for children. We are now positioned to expand our footprint, refine core operating models and foster synergistic collaborations to accelerate business growth. We look forward to developing our IP content and bringing Kiztopia’s enriching and immersive experiences to new markets and families.” #Announcement #Acquisition #StrategicInvestment #PrivateEquity #Partnership #InvestmentJourney #FounderLedBusiness Bing (Heidi) Tian

Our Founder and CEO Danny Koh spoke at a panel discussion on the first day of DealStreetAsia's #AsiaPEVCSummit2024 on the topic 'Will SE Asia predominantly be a mid-market PE play?'. 'For Tower Capital Asia, Koh said “our playbook is differentiated by focusing on trend-based investments rather than sector-specific ones. We seek deals with strong brand equity and heritage stories, coupled with top global talent to execute transformational growth.”' https://lnkd.in/gHVcPbbT #privateequity #southeastasia #midmarket #valuecreation

Tower Capital Asia is pleased to announce a strategic investment in WWRC, a leading regional chemicals distributor operating in 12 cities across 8 countries. This partnership will enable TCA to support WWRC’s vision to build a one-stop chemical solutions platform for the broader APAC region. Commenting on the transaction, Tower Capital Asia Founder and Chief Executive Officer, Mr Danny Koh remarked, "We are proud to welcome WWRC to TCA’s portfolio of highly admired companies. As a key player in the specialty chemicals space with an established track record, WWRC is primed to leverage its extensive experience, regional footprint and ambition to scale up. This latest investment further demonstrates our commitment to forge enduring relationships with founder-led businesses and back companies with robust potential.”  #Announcement #StrategicInvestment #PrivateEquity #Partnership #InvestmentJourney #FounderLedBusiness #SpecialtyChemicals

Tower Capital Asia is honoured to be a Platinum Partner of the Community Chest Singapore Vertical Marathon & Heartstrings Walk 2024 co-organised with Marina Bay Sands over the weekend. The TCA team, together with youths from Trybe, a social service charity that we support, participated together in the “Race to the Sky” Vertical Marathon at MBS early on Saturday morning and took home the second runner-up prize! The event was graced by Mr Eric Chua, Senior Parliamentary Secretary, Ministry of Culture, Community and Youth & Ministry of Social and Family Development, and wrapped up with an award presentation at the Heartstrings Walk later that evening at the MBS event plaza, with Guest of Honour Mr Gan Kim Yong, Deputy Prime Minister and Minister for Trade and Industry. We are glad to support the charitable event as part of our giving back to the community.

Highlights of our recent Tower Capital Asia Investor Event. Thank you to all our guests for gracing the occasion and celebrating the Eu Yan Sang journey with us. We look forward to achieving greater milestones together.

We are pleased to announce the successful completion of sale at a consideration which values Eu Yan Sang International (EYSI) at approximately S$808M. This transaction marks a significant milestone for the firm in its investment journey with EYSI, and we are proud to have played a pivotal role in their evolution and success. Looking back on the collaborative partnership, Richard Eu, Chairman, EYSI remarked: “In 2016, we chose to partner with Tower Capital Asia due to their understanding of the Eu Yan Sang heritage and commitment to driving excellence. Tower Capital Asia, together with Temasek, was instrumental in elevating the EYSI brand, institutionalising operations, and established the foundation for our next chapter as a natural health and wellness brand."   #Announcement #PEexit #InvestmentJourney #CompletionofSale #TCM #HealthandWellness

As we wrap up the week, here is our founder and CEO, Danny Koh, in conversation with DealStreetAsia.

Thank you Brighton Connection for the thoughtful token of appreciation made by your clients at our recent TCA town hall meeting. We are delighted to hear about the impact of our giving to the families, youths & children that your programs support. Grateful for the opportunity to create positive impact in the community with Brighton Connection & other charities that we give to.

We would like to extend our best wishes to Eu Yan Sang International as they embark on their next stage of progress with ROHTO Pharmaceutical Co., Ltd. and Mitsui & Co., Ltd..   “Over the past 8 years, Eu Yan Sang has evolved from a heritage #TCM brand to a natural health and wellness leader with a #globalpresence. We are proud to have overseen this strong period of #growth at Eu Yan Sang and to have contributed to the company’s #transformation. This showcases our ability to partner with high potential family businesses, drive transformation, and position them for long term success.” - Danny Koh, Board Director representing Tower Capital Asia. #Announcement #PrivateEquity #PEexit #FamilyBusiness