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  • CHRIS HUANG | PrimeMoversEquity

    Chris joined PrimeMovers Equity with under two years of investment banking experience. Prior to joining the firm, he worked as an Analyst at BDA Partners, where he focused on mid-market M&A transactions. Experience Chris joined PrimeMovers Equity with under two years of investment banking experience. Prior to joining the firm, he worked as an Analyst at BDA Partners, where he focused on mid-market M&A transactions. Education Chris holds a Master’s in Management from INSEAD and a Bachelor of Economics in Finance from Shanghai University of Finance and Economics. CHRIS HUANG Get in Touch Connect with Chris Back to TEAM

  • GTO | PrimeMoversEquity

    GTO™ is the DNA of PrimeMovers Equity and is the main toolkit we apply in creating value for our portfolio companies. Soo Jin led the complex carve out of the two business divisions (GEC and Avdel) that were merged to form Infastech in 2010 and the business grew and transformed under Randy’s leadership.  HOW WE CREATE VALUE GTO™ is the DNA of PrimeMovers Equity and is the main toolkit we apply in creating value for our portfolio companies. The core of our GTO™ framework GTO ™ 1.0 Focus on business fundamentals through cost management, balance sheet, KPIs, culture and governance GTO ™ 2.0 Achieve operational excellence through procurement transformation and lean manufacturing, factory floor efficiency and better resource / machine utilisation GTO ™ 3 .0 Accelerate growth sustainably by increasing Average Selling Price, managing product portfolio and margins efficiently, and undertaking strategic M&A to capture full industry potential GTO ™ 4 .0 Prepare for the future through digital transformation GTO ™ 5 .0 Incorporate environmental, social, and governance (ESG) factors in investment decisions and active ownership, and use these as a competitive edge in the marketplace GTO ™ 6 .0 Institute a purpose-driven approach by embedding a shareholder value creation mindset, and incorporating sustainable practices CASE STUDY Infastech is a market leader in providing innovative engineered fastening solutions to diversified industries, including electronics, industrial, construction, automotive and commercial. It has developed established brands such as Avdel®, Camar®, Elco® that date back to 1920. Soo Jin led the complex carve out of the two business divisions (GEC and Avdel) that were merged to form Infastech in 2010 and the business grew and transformed under Randy’s leadership. Infastech was subsequently sold to Stanley Black & Decker at an enterprise value of US$850 million in 2013.

  • PME | PrimeMoversEquity

    We are first operators, then investors. Our founders have worked together since 2010 and were formerly co-heads of Platinum Equity team in Singapore when it was established in 2013. We are headquartered in Singapore and are dedicated to the thriving mid-market segment in Southeast Asia. ​ PrimeMovers Equity is a continuation of the team’s proven track records in investing, operating and transforming companies based in Southeast Asia into regional and global champions. GROWTH & TRANSFORMATION THROUGH OPERATIONS IN MID-MARKET PRIVATE EQUITY ACROSS SOUTHEAST ASIA FIRST OPERATORS, THEN INVESTORS Our founders have worked together since 2010 and were formerly co-heads of Platinum Equity team in Singapore when it was established in 2013. We are headquartered in Singapore and are dedicated to the thriving mid-market segment in Southeast Asia. PrimeMovers Equity is a continuation of the team’s proven track records in investing, operating and transforming companies based in Southeast Asia into regional and global champions. OUR FIRM OUR TEAM RECENT NEWS PRIMEMOVERS EQUITY AND HONG WEI HOLDINGS COMPLETE THE S$165 MILLION TAKE-PRIVATE OF SPINDEX FEB 11, 2026 PRIMEMOVERS EQUITY TO ACQUIRE EXCEL MARCO APR 17, 2025 VIEW ALL NEWS News TALK TO US PrimeMovers Equity 6 Battery Road, 03-01 Singapore 049909 + 65 80850979 | info@primemoversequity.com First Name Last Name Email Message Submit to Connect with PME Thanks for submitting!

  • SPINDEX | PrimeMoversEquity

    Spindex is a leading precision engineering manufacturer with core competencies in turning, machining, grinding, surface treatments, mechanical sub-assemblies. Spindex has its headquarters in Singapore and 5 production locations located in China, Malaysia and Vietnam with over 1600 headcount and more than 1000 CNC equipment. Its customer base is well diversified and globally represented. Status: Active Year Invested: 2026 Headquarters: Singapore Spindex is a leading precision engineering manufacturer with core competencies in turning, machining, grinding, surface treatments, mechanical sub-assemblies. Spindex has its headquarters in Singapore and 5 production locations located in China, Malaysia and Vietnam with over 1600 headcount and more than 1000 CNC equipment. Its customer base is well diversified and globally represented. Other Portfolios

  • PORTFOLIO | PrimeMoversEquity

    Our portfolio companies span across industrial manufacturing, knowledge based services and healthcare manufacturing and services industries. OUR PORTFOLIO PrimeMovers Equity partners with founder-led businesses leveraging our expertise to unlock their full potential in our growth transformation through operations DNA. Current Investments

  • ABOUT US | PrimeMoversEquity

    Invest in businesses headquartered in Southeast Asia and work with management teams to create value through our Growth & Transformation through Operations (GTO™) framework. Favour mid-market segment & whilst we are sector agnostic in our investment approach, we tend to operate in industrial & manufacturing, knowledge-based services, healthcare & consumer; & focus on creating value through favourable entry price, opportunities for operational improvement & strong downside protection. WHY PRIMEMOVERS EQUITY >50 Years of Experiences From Founders 5 Acquisitions To Date 3 Specialized Industries 3 Investment Tenets Invest in businesses headquartered in Southeast Asia Actively work with management teams to create value through our Growth and Transformation through Operations (GTO™) framework Favour the mid-market segment and whilst we are sector agnostic in our investment approach Focus on creating value through key investment tenets 3 Key Investment Tenets Favourable entry price Opportunities for operational improvement Strong downside protection Operate in industries we are expert with industrial & manufacturing, knowledge-based services, healthcare & consumer Our Vision Build better business People Acknowledged as the catalysts of innovation and success. We aim to elevate human potential and place people at the forefront of the company's and its invested entities' endeavors Process This is represented by the Growth and Transformation through Transformation through Operations (GTO™) framework that we seek to implement in every portfolio company, in the process transforming businesses and generating strong returns Purpose Purpose acts as the compass that guides PrimeMovers Equity's initiatives, defining the underlying motivation behind its efforts, which is to build better businesses

  • ENGTEK | PrimeMoversEquity

    Engtek is a market leader in aluminium die casting and precision engineering for diversified industries, including HVAC, semi-conductor, automotive, telecommunications and data storage. The company is headquartered in Penang with manufacturing sites in Johor, Penang and Manila. Engtek offers an end-to-end service across product design, prototyping, die casting, machining, testing, assembly and supply chain management. Status: Active Year Invested: 2023 Headquarters: Penang, Malaysia Engtek is a market leader in aluminium die casting and precision engineering for diversified industries, including HVAC, semi-conductor, automotive, telecommunications and data storage. The company is headquartered in Penang with manufacturing sites in Johor, Penang and Manila. Engtek offers an end-to-end service across product design, prototyping, die casting, machining, testing, assembly and supply chain management. PrimeMovers Equity, along with co-investor Lingotto Investment Management, has acquired a majority stake in Engtek Group at approximately SGD150 million in June 2023. "The prospect of having PME and Lingotto joining us as strategic partners is immensely exciting. Their participation will enable us to realise our global ambitions and we intend to implement PME's tried-and-tested GTO™ framework, which is expected to take Engtek's operations to the next level." Dato' Teh Yong Khoon, CEO and Chairman of Engtek Group On 11 September 2024, Engtek celebrated its 50th anniversary. "Engtek’s success is a testament to visionary leadership, a strong commitment to innovation, and teamwork. Your journey is not just a business success story – it is an inspiration for all of us. On behalf of the Penang government, I extend my heartfelt congratulations to Engtek Group on this incredible milestone. May the next 50 years bring even greater success and innovation. We look forward to continuing our partnership and sharing in the prosperity ahead.” Chow Kon Yeow, Penang Chief Minister. "Our partnership with NAMIC will not only enhance our technical expertise but also allow us to explore new applications and commercialize innovative additive manufacturing (AM) solutions across the region. Together, we will shape the future of manufacturing." Dato' Teh Yong Khoon, 15 October 2024 First bolt-on Acquisition Second bolt-on Acquisition

  • ASABA | PrimeMoversEquity

    Asaba Manufacturing Phils, Inc. ("AMPI") is a leading manufacturer specializing in Die Casting and Precision Machining Components Manufacturing. AMPI manufactures critical component parts to the Japanese automotive industry for nearly three decades. Engtek acquired Asaba in February 2024 and marks Engtek's first bolt-on acquisition.​ Status: Active Year Invested: 2024 Headquarters: Manila, Philippines Asaba Manufacturing Phils, Inc. ("AMPI") is a leading manufacturer specializing in Die Casting and Precision Machining Components Manufacturing. AMPI manufactures critical component parts to the Japanese automotive industry for nearly three decades. Engtek acquired Asaba in February 2024 and marks Engtek's first bolt-on acquisition. Learn More - Engtek

  • EXCEL MARCO | PrimeMoversEquity

    Excel Marco Industrial Systems Pte Ltd is a leading engineering consultant specializing in Process Control & Process Safety System. Automation and Control System, Digital & IIoT and Operational Technology (OT) Cyber Security. Excel Marco provides solutions for the Marine, Oil & Gas, Petrochemical, Power Generation & Water Treatment Industries. The team has extensive experience in providing the best engineering solutions to our clients. Status: Active Year Invested: 2025 Headquarters: Singapore Excel Marco Industrial Systems Pte Ltd is a leading engineering consultant specializing in Process Control & Process Safety System. Automation and Control System, Digital & IIoT and Operational Technology (OT) Cyber Security. Excel Marco provides solutions for the Marine, Oil & Gas, Petrochemical, Power Generation & Water Treatment Industries. The team has extensive experience in providing the best engineering solutions to our clients. Other Portfolios

  • APPROACH | PrimeMoversEquity

    We work with businesses in complex situations, identify creative, practical solutions and leverage our operational strengths to build platform companies that are leaders in their own areas. OUR COMPETITVE VALUE PROPOSITION We work with businesses in complex situations, identify creative, practical solutions and leverage our operational strengths to build platform companies that are leaders in their own areas. Complex Transactions We deal with complex transactions, including corporate carve outs, public-to-private, founder-owned businesses and ownership transitions. We have consistently been able to execute bolt-on acquisitions and achieve post-merger integration successfully. Operational Focus We partner with management teams to implement growth and transformation through operation - GTO™ initiatives. This involves having a project management office within portfolio companies and diving deep to identify, refine and implement operational changes in an all-hands engaged approach. Instutitional Mindset We help to institutionalise organisations and transform them into regional or global champions. In the process, we create shareholder value. OUR INDUSTRY THEMES Industrial & Manufacturing Knowledge-Based Services Healthcare (Manufacturing & Services)

  • ELIZABETH TEO | PrimeMoversEquity

    Elizabeth has over 12 years of experience in healthcare and is a fully certified Speech-Language Pathologist. Prior to joining PME, she built extensive clinical expertise across both the U.S. and Singapore healthcare systems. Experience Elizabeth has over 12 years of experience in healthcare and is a fully certified Speech-Language Pathologist. Prior to joining PME, she built extensive clinical expertise across both the U.S. and Singapore healthcare systems. In the United States, she worked in sub-acute and rehabilitation settings with organizations such as Affirma Rehabilitation, RehabCare, ONR Rehabilitation, and Encore Rehabilitation Services. In Singapore, her experience spans both the private and social service sectors. She currently serves as the President of Speech and Language Therapy Singapore and the Singapore National Observer for the Asian Dysphagia Society. Education Elizabeth holds a Master of Science in Speech-Language Pathology from California State University, East Bay and Bachelor of Science, Communication Sciences and Disorders from Biola University (USA). ELIZABETH TEO Get in Touch Connect with Elizabeth Back to TEAM

  • NEWS | PrimeMoversEquity

    Read Now for our Annoucements & Headlines about Us LATEST NEWS OUR ANNOUCEMENTS February 11, 2026 PrimeMovers Equity and Hong Wei Holdings Ltd Complete the S$165 million Take-Private of Spindex December 19, 2025 Results of Court Meeting in relation to privatization of Spindex Industries Limited November 4, 2025 2025 Annual General Meeting October 15, 2025 PrimeMovers Equity Announces Appointment of Managing Director October 1, 2025 PrimeMovers Equity Announces Appointment of Operating Partner September 26, 2025 PrimeMovers Equity and Hong Wei Holdings to Privatise Spindex Industries April 17, 2025 PrimeMovers Equity to Acquire Excel Marco November 11, 2024 2024 Annual General Meeting November 11, 2024 PrimeMovers Equity’s Engtek to Acquire Techcom Technology March 01, 2024 PrimeMovers Equity Announces Hiring of Managing Director February 23, 2024 Engtek Completes Acquisition of Asaba Manufacturing Phils, Inc July 10, 2023 PrimeMovers Equity and Lingotto Completes Acquisition of Engtek Group May 18, 2023 PrimeMovers Equity and Lingotto to Acquire Majority Stake in Malaysia Company Engt ek Group August 08, 2022 PrimeMovers Equity Obtained Capital Markets Services License from the Monetary Authority of Singapore HEADLINES ABOUT US October 25, 2025 [Singapore Business Review] Transformational M&A delivers outsized returns for Singapore firms October 8, 2025 [AVCJ] PrimeMovers Equity’s Soo Jin Goh on investing in Southeast Asia’s evolving supply chains October 1, 2025 [Singapore Business Review] Skyline II to acquire Spindex Industries September 29, 2025 [Deal Street Asia] PrimeMovers Equity-led consortium to privatise SG's Spindex in $127m deal September 27, 2025 [The Edge Singapore] PrimeMovers Equity backs Spindex's controlling shareholders in $1.43 per share cash offer to delist company October 15, 2024 [Ministry of Trade and Industry Singapore] EngTek and NAMIC will set up a Technology Centre of Excellence in Singapore September 11, 2024 [Buletin Mutiara] Penang’s EngTek Group celebrates 50 years of manufacturing excellence February 22, 2024 [The Edge Singapore] PrimeMovers bucks PE downturn with focus on financing and operations May 23, 2023 [AVCJ] Deal focus: PrimeMovers buys Malaysia machinist in debut deal May 19, 2023 [Nikkei Asia] Singapore's PrimeMovers, partner, take stake in Malaysia's Engtek May 18, 2023 [DealStreetAsia] SG's PrimeMovers partners Lingotto to pick ma jority in Malaysia's Engtek [New Straits Times] Singapore, London firms buy majority stake in Penang-based Engtek Group [The Business Times] PrimeMovers Equity, Lingotto acquire majority stake in Malaysia's Engtek for S$150 million

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