Novo Tellus Capital Partners re-energises Asia’s lower middle-market companies
Private equity firm pursues management buyout and growth capital investments in niche companies
Dialling up its focus on Asia’s lower middle-market companies has propelled Novo Tellus Capital Partners in the private equity scene since its founding in 2010. The Singapore-based private equity firm is actively pursuing management buyout and growth capital investments in niche companies with differentiated products and channels catering to a global customer base.
Novo Tellus is centred on making transformative changes in its investments through a shared vision along with increased management ownership, and focused execution on the longer term inputs of a business such as its product pipeline, operational excellence and customer satisfaction.
“We have an experienced management team with a deep understanding of the challenges faced by business owners and CEOs in the lower middle market,” says James Toh, co-founder and director. “This makes us realistic capital partners, fully aware that business pivoting takes time. It’s a journey that we are prepared to take.”
Apart from access to capital, Novo Tellus brings into play its extensive company-building experience, cross-border points of view and broad industry knowledge and connections. It targets lower middle-market businesses with significant value-creation potential that are operating in the information technology, industrial manufacturing, health care and clean technology sectors.
With a country’s economic and geopolitical stability a major consideration in its ventures, the firm’s current equity investments are in businesses based in Singapore and China, but it is looking to expand in Malaysia.