Interplex Holdings Limited
Role: Adviser to CVC Capital Partners and Standard Chartered Private Equity on the sale of their 56% interest in Interplex Holdings Limited
Date: March 2016
Transaction Size: US$567m (implied enterprise value)
Rippledot Capital was the joint financial adviser to CVC Capital Partners and Standard Chartered Private Equity on the sale of their 56% interest in Interplex Holdings Limited (“Interplex”) to a special purpose vehicle sponsored by Baring Private Equity Asia
Interplex is a leading provider of complex precision mechanical and electro-mechanical components and assemblies to a diverse range of industries including automotive, information technology, industrial, telecom, consumer electronics, imaging & printing and medical & life sciences
Headquartered in Singapore, Interplex’s current platform comprises of 12,000 employees in approximately 40 facilities located across 13 countries worldwide. The business achieved revenues of c.US$1bn for the financial year ended 30 June 2015

 

Classic Fine Foods
Role: Adviser to EQT Greater China II on the sale of the Classic Fine Foods Group
Date: August 2015
Transaction Size: US$328m (including US$38m earn-out)
Rippledot Capital was the exclusive financial adviser to the EQT Greater China II Fund on the sale of Classic Fine Foods Group (“CFF”) to METRO GROUP, one of the largest international retailing companies, headquartered in Germany
CFF is a leading premium foodservice business headquartered in Singapore and represents the brands of some of the world’s best food producers
CFF is focused on serving chefs in premium restaurants and hotels across its 12 markets and 25 cities in Asia, the Middle East and the UK

 

Myanmar Brewery 
Role: Adviser to Kirin Holdings on the acquisition of a 55% shareholding in Myanmar Brewery from Fraser and Neave
Date: August 2015
Transaction Size: US$560m
Rippledot Capital was the financial adviser to Kirin Holdings on the acquisition of a 55% shareholding in Myanmar Brewery (“MBL”) from Fraser and Neave (“F&N”), valuing 100% of the equity in MBL at more than US$1.0bn
MBL is the owner of a portfolio of well-known brands, including “Myanmar Beer”, and has a market share of approximately 80% of the national beer market
Headquartered in Tokyo, Japan, Kirin is one of the world’s largest beverage companies and the acquisition of a 55% shareholding in MBL adds significantly to Kirin’s holdings across the region, which include Lion Nathan in Australia and 48% of San Miguel Brewery in the Philippines

 

Seksun (Supernova)
Role: Adviser to Supernova (Cayman) Limited on the sale of Seksun Group to Suzhou Anjie Technology
Date: November 2014
Transaction Size: US$145m
Rippledot Capital is the exclusive financial adviser to Supernova (Cayman) Limited (“SCL”) on the sale of the Seksun Group to Suzhou Anjie Technology Co. Ltd., a Shenzhen-listed manufacturer of insulation and cushioning materials for the consumer electronic industry
The Seksun Group is a leading precision metals engineering solutions provider serving the HDD, automotive, industrial, and consumer electronics industries, and is wholly owned by SCL, a portfolio company of The Rohatyn Group

 

First Engineering (sale)
Role: Adviser to Anchorage Singapore Holdings on the sale of First Engineering to Sunningdale Tech
Date: November 2014
Transaction Size: US$80m
Rippledot Capital is the exclusive financial adviser to Anchorage Singapore Holdings Pte. Ltd. on the sale of the First Engineering business to SGX-listed Sunningdale Tech Ltd
Both First Engineering and Sunningdale Tech are Singapore-based precision plastics manufacturers serving the consumer electronics, automotive, and healthcare industry sectors. The combined business will have annual revenues in excess of US$500m, and manufacturing and sales operations spanning nine countries
Rippledot was also the sole financial adviser to Anchorage Capital Partners for their acquisition of First Engineering, and also co-invested alongside Anchorage Capital Partners in 2012. The proposed sale of First Engineering today, achieved in just over a two year timeframe, delivers extremely attractive returns for the vendors

 

Goodpack 
Role: Adviser to Goodpack Limited on an acquisition by an affiliate of KKR via a scheme of arrangement
Date: September 2014
Transaction Size: S$1,399m
Rippledot Capital is the exclusive financial adviser to Goodpack Limited on the acquisition by way of a scheme of arrangement by IBC Capital Limited, a wholly owned subsidiary of KKR Asian II Fund
Goodpack is the world’s largest provider of multi-modal reusable metal box systems known as intermediate bulk containers (IBCs), providing reliable and cost-effective packing solutions to clients across more than 5,000 delivery and collection points in over 70 countries worldwide
Goodpack serves a diverse customer base across the rubber, chemicals, automotive and food processing sectors

 

Amtek Engineering 
Role: Adviser to Amtek Engineering Ltd on the acquisition of Interplex Industries, Inc.
Date: August 2014
Transaction Size: US$210m
Rippledot Capital is the exclusive financial adviser to Amtek Engineering Ltd on the acquisition of Interplex Industries, Inc. Amtek Engineering Ltd is majority owned by CVC and Standard Chartered Private Equity and is listed on the SGX
Headquartered in the United States, Interplex is a global leader in the design and manufacture of miniature precision engineered solutions for highly demanding customised interconnect and electronic packaging applications
Combination of Amtek and Interplex will create one of the world’s largest precision engineering companies with global sales of approximately US$1.0 billion across 15 countries with over 13,500 employees

 

Kreuz Holdings
Role: Adviser to Headland Capital Partners on the acquisition of SGX-listed Kreuz Holdings Limited
Date: February 2014
Transaction Size: S$446m
Rippledot Capital is the exclusive financial adviser to SEA9 Limited, a subsidiary of funds advised by Headland Capital Partners, on the acquisition of Kreuz Holdings Limited via a scheme of arrangement
Headquartered and listed in Singapore, Kreuz is an integrated subsea services provider to the offshore oil and gas industry providing subsea construction and installation solutions and inspection, repair and maintenance services for offshore oil and gas projects and facilities
In July 2012, Kreuz was featured by Forbes Asia as one of companies on its “Best under a Billion” list, an honour given to the top 200 Asia-Pacific companies with consistent growth in both sales and profits over the last three years

 

Miclyn Express Offshore
Role: Adviser to CHAMP and Headland on the joint acquisition of ASX-listed Miclyn Express Offshore
Date: August 2011 to November 2013
Transaction Size: Series of 4 transactions totalling A$869m
Rippledot Capital advised a consortium consisting CHAMP Private Equity and Headland Capital Partners on the acquisition and refinancing of ASX-listed Miclyn Express-Offshore
Miclyn is a leading provider of offshore support vessels, crew boats, tugs, barges and associated support services to the offshore oil & gas industry
Miclyn is headquartered in Singapore and has operations in Southeast Asia, Australia and the Middle East
Its key customers include Chevron, DB Schenker and other leading IOCs, NOCs and service providers focused on the oil and gas sector

 

Computer Sciences Corporation
Role: Adviser to Computer Sciences Corporation on the sale of its Southeast Asia reseller unit to a Japanese consortium comprising ITOCHU
Techno-Solutions Corporation and ITOCHU Corporation
Date: February 2013
Transaction Size: US$90m
Rippledot Capital Advisers was the exclusive financial adviser to Computer Sciences Corporation (“CSC”) on the sale of its Enterprise Solutions & Integration (“ESI”) business
The ESI business is a value-added reseller of enterprise IT infrastructure products and a provider of systems integration and maintenance services
Employs 700 employees across its Malaysia and Singapore operations
Originally founded in the 1970s as Computer Systems Advisers (CSA), the business is one of the pioneers of IT systems integration in the Southeast Asia region
CSC is a Fortune 500 company and is one of the largest IT services providers in the world. The sale followed a strategic review by CSC of its portfolio of businesses, which led to the decision to divest non-core business units such as the ESI business

 

Nera Telecommunications
Role: Adviser to Eltek ASA on the sale of its 50.05% stake in SGX-listed Nera Telecommunications to the Northstar Group
Date: November 2012
Transaction Size: S$89m
Rippledot Capital advised Oslo Børs listed Eltek ASA on strategic options for its majority stake in Nera Telecommunications (NeraTel)
NeraTel is one of Southeast Asia’s largest independent systems integrator for telecom and infocom networks
Headquartered in Singapore, it has operations in 14 countries in Southeast Asia, India, Middle East and North Africa with long standing, strategic relationships with Tier 1 telecom service providers in the region
The sale marks the final step of a series of transactions aimed at Eltek’s strategic refocusing on its power electronics business

 

Unisteel
Role: Adviser to KKR on the sale of Unisteel to the SFS Group
Date: August 2012
Transaction Size: Undisclosed
Rippledot Capital advised Kohlberg Kravis Roberts (KKR) on the sale of Unisteel Technology Limited to the SFS Group
Unisteel is a leading precision engineering manufacturer with multi-disciplinary competencies in the areas of fastening systems, stamped, cold forged and machined metal components, plastics optics, and surface treatment solutions. Unisteel serves a diverse range of customers in the hard disk drive, mobile telecommunications, consumer electronics, industrial, and automotive sectors.
The transaction marks the first full exit by KKR from an asset in its first pan Asia fund in Asia

 

First Engineering (acquisition)
Role: Adviser to Anchorage Capital Partners on the acquisition of First Engineering
Date: June 2012
Transaction Size: Undisclosed
Rippledot Capital advised Australian-based private equity firm Anchorage Capital Partners on their acquisition of First Engineering
First Engineering is a leading precision plastics component manufacturer based in Singapore. It serves blue-chip customers across the automotive, business machines, hard disk drives and medical sectors
The transaction marks an exit for First Engineering’s senior lenders, following the S$221m leveraged buyout of First Engineering by Affinity Equity Partners in 2007, and subsequent restructuring and debt-for-equity swap by the senior lenders in 2009

 

Antares Restaurant Group
Role: Adviser to Anchorage Capital Partners on the sale of Antares Restaurant Group to the Blackstone Group
Date: November 2011
Transaction Size: Undisclosed
Rippledot Capital advised Anchorage Capital Partners on the sale of Antares Restaurant Group to the Blackstone Group via a global competitive tender process
Antares is headquartered in Auckland and has the exclusive franchise development rights for Burger King® in New Zealand. Antares operates 75 Burger King® restaurants nationwide and is in the early stages of an ambitious refurbishment and new store opening program to continue to broaden the appeal and increase the footprint of the Burger King® brand within local communities across New Zealand