Timah Partners Closes US$50M Series A to Address Southeast Asia's SME Succession Crisis
- Editor
- Jun 26
- 1 min read
Whats Happening:
Timah Partners, a Singapore-based permanent holding company, has closed a US$50 million Series A funding round. The fund aims to address Southeast Asia's SME succession crisis by acquiring and operating essential B2B SMEs while developing the next generation of SME leaders through its CEO-in-Training program.
Key Moves:
Timah Partners closes US$50 million Series A funding round
Fund focuses on acquiring B2B SMEs in the $2-10 million EBITDA range
Launches CEO-in-Training program to develop future SME leaders
By The Numbers:
US$50 million Series A funding raised
Target businesses in $2-10 million EBITDA range
Over 70% of Singapore's workforce employed by SMEs
Key Quotes:
"We're not buying to flip," said Dennis Chua, Founder and CEO.
"We acquire businesses to operate and grow them over decades, with no pressure to sell."
"Singapore's SME succession problem isn't just about ownership—it's about leadership"
Bottom Line:
Timah Partners' US$50 million Series A funding marks a significant step in addressing Southeast Asia's SME succession crisis. By focusing on long-term ownership and developing future leaders, the fund aims to preserve and grow essential B2B businesses, potentially reshaping the region's SME landscape.