Private Equity

Navis has made over 80 controlling private equity investments across Southeast Asia and its adjacent geographies since 1998

Our experience

Over the last two decades, we have made investments by building a strong local presence first across Southeast Asia, and then in Australia and Hong Kong. As we mostly operate in relatively immature M&A markets, this local presence has been essential in providing the access and proximity required to uncover bi-lateral investment opportunities.

We have raised and managed eight limited partnership funds, six of which are now entirely or largely realized, delivering a return consistently in the top quartile benchmarks in our industry.

Drivers of Return

High growth markets

Southeast Asia’s economies have outperformed the US and Europe almost continuously for 30 years in terms of GDP growth, with a number of consumer sub-sectors experiencing a growth acceleration driven by increasing household income reaching consumption inflection points.

Generating alpha

We acquire majority stakes in distinctive companies and adopt an active partnership approach with portfolio companies’ management teams. We implement strategies that drive revenue and earnings growth, rather than relying on multiple expansion, cost cutting or financial leverage to underwrite returns.

Rapid results

We invest in businesses where there are multiple clearly-identified areas that we can impact. The investment and portfolio operations teams work with management to accelerate the speed at which the strategic agenda is implemented.

Investment Criteria

01.

Distinctive competitive advantage

02.

Ambitious and collaborative management team

03.

Owners and management teams that appreciate our collaborative and transformative approach

04.

Enterprise value of US$30 million – US$500 million

Do you have an investment opportunity?

We are always interested to hear about investment opportunities. Business owners and managers as well as intermediaries, investment banks, advisors, accountants and lawyers are welcome to contact us.

Portfolio

Current Investments Past Investments Case Studies

Name	Industry	Country	Fund	Entry	Exit
Mentor Media 1	Logistics Services	Singapore	NAF IV	Sep 2005	Jan 2014
Andromeda	Call Centre Services	India	NAF V	Dec 2007	Mar 2013
Linatex	Mining-Related Equipment and Services	UK and Malaysia	NAF IV	Oct 2005	Sep 2010
Siangpack	Moulded-Fibre Packaging	Malaysia	NIIF	May 2010	Jan 2014
Profab Group	Oil and Gas Fabrication	Singapore, Indonesia and Australia	NAF V	Aug 2007	Dec 2014
Big Tree Outdoor	Outdoor Media	Malaysia	NAF III	Jul 2003	Mar 2007
Worldwide	Printing Services	Australia	NAF IV	May 2006	Feb 2010
Trio	Mining-Related Equipment and Services	China and US	NAF V	Aug 2009	Oct 2014
King’s Safetywear	Safety Footwear	Singapore	NAF V	Nov 2008	Nov 2011
Hill & Associates	Security Consultancy	Regional	NAF III & NAF IV	May 2005	Nov 2009
Retail Apparel Group	Menswear Retailer	Australia	NAF VI	May 2011	Jul 2017
Callidus	Valve Management Solutions	Australia	NAF V	Dec 2010	Jul 2013
ECO	Waste Disposal	Singapore	NAF V	May 2007	Jul 2015
Europcar	Car Rental	Australia	NAF III & NAF IV	Dec 2004	Apr 2008
Golden Foods Siam	Poultry Processing	Thailand	NAF V	Sep 2009	Jan 2016
Cherry Valley	Poultry Processing	Europe & China	NAF V	Mar 2010	Jul 2017
Isuta	Cleanroom Consumables	Malaysia	NAF III	Dec 2003	Jun 2010
Oriental Containers Limited	Closure Manufacturer	India	NAF IV	Sep 2006	Mar 2015
Dome Coffees	Food and Beverage	Australia	NAF III	Dec 2003	Feb 2008
Drypers Asia	Consumer Products	Malaysia	NAF I/II	Feb 2001	Mar 2004
Kinderdijk	Baby Products Distribution and Retail	Malaysia	MGO	Mar 2011	May 2014
Guardian (Australia)	Early Learning Centres	Australia	NAF VI	Sep 2013	Mar 2016
Wall Street Institute (Thailand & Indonesia)	Education Centres	Thailand and Indonesia	NAF IV	Apr 2006	Apr 2014
Wall Street Institute (Hong Kong)	Education Centres	Hong Kong	NAF IV	Feb 2007	Mar 2015
MFS Technology	Printed Circuits Manufacturing	Singapore	NAF VII	Nov 2014	Jan 2018
HG Power Transmission	Electrical Power Transmission Solutions Provider	Malaysia	MGO	May 2013	Oct 2017
Dunkin Donuts	Fast Food	Thailand	NAF IV	Apr 2006	Dec 2011
KFC	Fast Food	Hong Kong	NAF III & NAF IV	Nov 2004	Nov 2013
Hui Lau Shan	Fast Food	Hong Kong	NAF IV	Jul 2007	Dec 2015
Blueprint REL Group	Field Marketing and Retail Services	Australia	NAF V	Nov 2011	Jul 2019
Agripure	Food Processing	Thailand	NAF I/II	Sep 2000	Apr 2004
Bangkok Ranch	Food Processing	Thailand	NAF I/II	Oct 2000	Jul 2007
BR Group	Food Processing	Thailand	NAF V	Jul 2007	Dec 2012
Mars	Fast Food	India	NAF IV	Oct 2005	Sep 2007
Nirula’s	Fast Food	India	NAF IV	Jun 2006	Jun 2012
Wendy’s	Fast Food	Australia	NAF IV	Jul 2006	Sep 2014
Trimco	Garment Label Manufacturing	Hong Kong	NAF IV	May 2005	Apr 2012
Theodore Alexander (PMI)	Home Furnishing	Vietnam	NAF V	Mar 2008	Dec 2016
IHC	Hospitality	India	NAF IV	Sep 2007	Dec 2010
Grace Park	Household Products	Philippines	NAF I/II & NAF III	Mar 2003	Nov 2006
Peoplebank	Human Resources	Australia	NAF V	Feb 2008	Jan 2015
Mentor Media 2	Logistics Services	Singapore	NAF V	May 2007	Jan 2014
QIMA	Business Services Provider	Regional	NAF VII	Dec 2017	Dec 2021
Tawada Healthcare	Medical Equipment Distributor	Indonesia	NAF VII	Aug 2016	Sep 2021
OPV	Pharmaceuticals	Vietnam	NAF VI	Sep 2012	July 2021
Amazon Papyrus	Specialty Process Chemical Solutions	Hong Kong	NAF VI	Jan 2014	Jul 2021
ITM	Education	India	NAF V	Apr 2009	Jan 2021
BAC	Education	Malaysia	MGO	Nov 2013	Jan 2021
MBO Cinemas	Cinema Exhibitor	Malaysia	NAF VI & MGO	Mar 2012	Oct 2020
Modern Star (Australia)	Education	Australia	NAF VII	Oct 2014	Sep 2020
Strateq	Information Technology	Malaysia	MGO	Mar 2013	Mar 2020
Alliance Cosmetic Group	Color Cosmetics	Regional	NAF VI	Dec 2009	Jan 2019
White Lodge	Education	Singapore	NAF VI	Sep 2015	Jul 2018
National Lifestyle Villages	Retirement Village Development and Operator	Australia	NAF V	May 2007	June 2018
Sky Gourmet	Airline Catering	India	NAF III	Sep 2004	Sep 2007
SAH	Automotive & Industrial Lubricant	India	NAF V	Dec 2008	Jul 2014
Worldmark Group	Automotive Aftermarket	Australia	NAF V	Jun 2010	Aug 2016
Classic Stripes India	Automotive Decals	India	NAF VI	Apr 2011	Apr 2016
RPS Technologies	Automotive Parts	Thailand	NAF III	Mar 2004	Jul 2013
Distri-Thai	Book Distribution	Thailand	NAF I/II	Dec 2001	Mar 2006
Emerald Headway	Book Distribution	Philippines	NAF I/II	Jul 2003	Nov 2008
Cemex Asia/Semen Gresik	Building Material	Regional	NAF I/II	Jan 2000	Dec 2005
TES	Electronic Waste Processing	Global	NAF VI & NAGL	May 2013	Feb 2022
Texon	Solutions Provider of Footwear Structural Components	Hong Kong	NAF VII	Apr 2016	Jul 2022
B Medical Systems	Vaccine Cold-Chain Equipment and Medical Refrigeration	Global	NAF VII	Mar 2015	Aug 2022
Adampak	Manufacturing	Singapore	NAF VI	Apr 2012	Sep 2022
SEGi	Education	Malaysia	NAF VI & MGO	Mar 2012	Apr 2024