Novo Tellus and 65 Equity Partners acquire TDConnex to drive global expansion
04/03/24, 12:31 PM
Location
singaporesingaporesingaporeIndustry
manufacturing
financial services
manufacturing
Novo Tellus and 65 Equity Partners have finalized the acquisition of TDConnex from the Tongda Group, positioning TDConnex as a newly independent global company with significant operations and a strong focus on serving global technology leaders. This strategic move is aimed at driving growth and innovation in the global precision manufacturing industry.
Company Info
Location
Singapore, Southeast Asia, Singapore
Company info
Novo Tellus Capital Partners is a private equity firm focused on investments in industrial and technology companies in Southeast Asia's lower middle market.
Novo Tellus has built a track record of returns that place it in the top 5% of all private equity funds worldwide (over the last 40+ years). The Firm seeks to create value by bringing its team’s extensive company-building experience into close partnerships with portfolio management teams, working together to build businesses that last.
Location
Singapore, Southeast Asia, Singapore
Company info
Headquartered in Singapore with investment teams and operations in Europe and the United States, we are a global investment firm with S$4.5 billion (US$3.3 billion) in funds under management. We adopt a longer term partnership approach to our investments, and focus on investing in established family owned and entrepreneur-led businesses in Southeast Asia, Europe and the United States, who have regional or global ambitions.