Precision engineering

Trade sale to a Japanese acquirer

A precision engineering business sold at a premium to a Japanese acquirer that needed a certified Singapore base.

Size

S$9m revenue, S$8.2m EV

Buyer

Overseas strategic

Time to close

9 months

Outcome

Premium paid for certified processes and long-tenure staff

The buyer needed a Singapore base with certifications already in place and MNC customers already approved. That is a capability that costs more to build than to buy, which is where the premium came from.

The work before going to market was almost entirely about customer approvals: confirming which contracts survived a change of control and which required re-qualification, so that the buyer could price certainty rather than discount for it.

(sample entry) Illustrative of the deals we work on, pending publication of live figures.

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