A PERMANENT HOLDING COMPANY FOR SOUTHEAST ASIAN BUSINESSES
A permanent home for the businesses Southeast Asia has built.
We buy exceptional Southeast Asian companies from founders thinking about what comes next — and we hold them for decades, not quarters.
Why we exist
The buyer Southeast Asia’s founders deserved.
Southeast Asia’s best businesses are not software companies. They are manufacturing operations, industrial distributors, and food-processing plants built by founders who spent thirty years getting them right. Most of those founders have no obvious buyer who will treat the business with the care it deserves.
We built Enduring Ventures to be that buyer. Fair price. Fast close. A permanent home for the team. No fund clock. No exit agenda.
What we look for
Investment criteria
Revenue
SGD 5M – 100M
EBITDA
SGD 1M – 10M
Industry
Manufacturing, industrial services, distribution, food processing, semiconductor supply chain
Geography
Singapore, Malaysia, Indonesia, Thailand, Philippines, Vietnam
History
At least 10 years of operating history
Speed
LOI within 3 weeks. Close in 60 days.
Specific situations
Whatever your situation, we’ve thought about it.
Succession Planning
No obvious heir, no ready successor. We become the next steward — and the business carries on.
Owner Retirement
You've built something real over decades. We're the buyer who honours that work and pays for what it's worth.
Family Business Transition
The next generation has different plans. We give the family business a permanent home outside the family.
Our portfolio
One company. Zero sold.
We hold every business we acquire. Yutaka is our platform acquisition — and the first of what we plan to build across Southeast Asia over the coming decades.
Yutaka
Singapore · Acquired 2025
A 50-year-old supplier of packaging machinery, food-service equipment, and system integration to food-processing and semiconductor customers across Asia. Yutaka’s long-tenured leadership team continues to run the business independently under our stewardship.
What founders say
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The process
LOI in 3 weeks. Close in 60 days.
Intro Call
45 minutes
What you’ll need
Nothing prepared. A rough sense of revenue and what you're exploring.
What we promise
A direct conversation with a partner — not a junior associate. You'll know if there's interest by the end of the call.
NDA & High-Level Numbers
1–3 days
What you’ll need
Last 2–3 years of financials, a brief overview of the business. No deck required.
What we promise
A signed NDA before we see a single number. Confidentiality is not negotiable for us.
LOI
Within 3 weeks of intro call
What you’ll need
Answers to follow-up questions. A sense of your walk-away number.
What we promise
A clean LOI with a fair valuation — no games, no low-ball. If we can't get to a fair number, we'll tell you and explain why.
Diligence
≤45 days
What you’ll need
Financial records, key contracts, employee census, customer list (anonymized is fine initially), cap table.
What we promise
A focused, respectful process. We'll send one document request list, not dozens. We don't use diligence as a retrade mechanism.
Close
Wire on the agreed date
What you’ll need
Executed purchase agreement, representations and warranties.
What we promise
The wire lands on the date we agreed. No last-minute surprises. After close, you'll hear from us regularly — but not constantly.
Annual letter
Read the 2025 Annual Letter.
Every year we write a frank, unvarnished letter about what we acquired, what we learned, and where we think this is all going.
Read the letter →“We have never sold a company we’ve acquired. We don’t plan to start.”
Scout program
Know a business we should meet?
Our Scout program pays finders who introduce us to a business we end up acquiring. If you know a Southeast Asian industrial or manufacturing business thinking about succession, reach out.
Become a scout →1%
of the equity check
Paid to scouts who introduce us to a business we acquire
Let's have a confidential conversation.
Tell us about your company. Lucien reads every inbound personally and responds within 72 hours. If it's not a fit, he'll say so — fast.
Tell us about your company