Permanent stewards for Southeast Asia’s enduring businesses.
Honouring what founders built. Stewarding their legacy for the long term.
Letter from Lucien
The best businesses don’t need an exit strategy. They need stewards committed to their long-term future.
Southeast Asia is home to thousands of exceptional industrial, service and manufacturing businesses. Many were built over decades by founders who poured their lives into them, but who now face a difficult question: What comes next?
When founders are ready to step back or pass on their legacy, they don’t have great options. Private Equity firms looking to buy, lever and sell, or Strategic Buyers with targets and timelines that may compromise the company culture.
Enduring Ventures is the third way. We are permanent successors, not financial buyers. We acquire great businesses from founders and steward them responsibly for the long term. Entrusted with the legacy, we build for the future.
I started this at forty by acquiring our first business, backed by a decade of experience and a partner I trust implicitly. With a young family and my own capital at risk, I am in this for the long run.
The best businesses don’t need an exit strategy. They need stewards committed to their long-term future.
Lucien Ong
Co-Founder & CEO
For founders
If you are a founder looking for succession
We buy profitable, founder-led businesses across Southeast Asia and intend to hold them over the long term. If you are thinking about succession and want your life’s work to go to a buyer who will value the legacy you have built, we would like to hear from you.
See our approach →For co-investors
If you are a family steward of long-term capital
We deploy primarily our own capital with little external debt. On select opportunities, we invite a small number of family offices with aligned values to co-invest on the same terms as us. We are not raising a fund. We are looking to compound returns with aligned partners over the long run.
For co-investors →What we buy
Profitable, founder-led businesses with a decade or more of operating history.
Net Profit
USD$1–3M
Track record of consistent annual profits. Clean balance sheet.
Operating History
10+ yrs
We buy enduring businesses that have proven their model across economic cycles.
Geography
Southeast Asia
Preferably headquartered in Singapore with presence across the region.
Business Model
Industrial/B2B
Industrial, distribution or mission-critical services. We prefer an asset-light business with sticky customer base.
Lucien Ong
Co-Founder & CEO
Former Head of M&A at Jebsen & Jessen Group. Ran JJ-Lapp in the Philippines as General Manager. MBA, INSEAD. Has worked in public and private sectors across Singapore, Australia, Brunei, Cambodia, Indonesia, and the Philippines.
Heinrich Jessen
Co-Founder & Chairman
Chairman of Jebsen & Jessen Group, a global diversified industrial group present in Southeast Asia for over sixty years. Co-Founder of Aglaia, a leading Asian-based multi-family office located in Singapore.
Get in touch
If any of this resonates
Whether you are a founder, a family office, or an intermediary who knows one, we would love to hear from you.
Start a conversation