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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
- 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
- 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
- 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
- JIM HUANG | PrimeMoversEquity
Jim joined with more than 5 years of investment banking and equity research experience. Prior to joining PrimeMovers Equity, Jim was an Associate from Wells Fargo Corporate and Investment Banking focusing on M&A Financing. Prior to Wells Fargo, Jim was with Desjardins Capital Markets Equity Research focusing on the Consumer sector. Experience Jim joined with more than 5 years of investment banking and equity research experience. Prior to joining PrimeMovers Equity, Jim was an Associate from Wells Fargo Corporate and Investment Banking focusing on M&A Financing. Prior to Wells Fargo, Jim was with Desjardins Capital Markets Equity Research focusing on the Consumer sector. Education Jim holds a Bachelor of Commerce degree in Finance and Economics from the University of Toronto. JIM HUANG Get in Touch Connect with Jim Back to TEAM
- 2024 AGM | PrimeMoversEquity
On 11 November 2024, PME welcomed our LPs and partners to our 2024 AGM to take stock of year-to-date progress and our pipeline. Co-Founder & CEO Soo Jin Goh kicked off with an update on our investment activities and fund vision. Key focus was the application of our core GTO™ framework, a guiding principle in our investment philosophy and strategy. This was demonstrated through the 2024 bolt-on acquisitions of Asaba Manufacturing and Techcom Technology by our 2023 portfolio company, Engtek Group. On 11 November 2024, PME welcomed our LPs and partners to our 2024 AGM to take stock of year-to-date progress and our pipeline. Co-Founder and CEO Soo Jin Goh kicked off with an update on our investment activities and fund vision. Key focus was the application of our core Growth and Transformation through Operations (GTO™) framework, a guiding principle in our investment philosophy and strategy. This was demonstrated through the 2024 bolt-on acquisitions of Asaba Manufacturing and Techcom Technology by our 2023 portfolio company, Engtek Group. PrimeMovers Equity Managing Director Jovi Zalamea moderated an informative panel on “GTO™ at Work” with LP Dr. Kevin Fernando, Engtek Chief Transformation Officer Ong Fun Aik and PME Value Creation Director Teck Siew Ee. PME Sustainability Lead Donald Chan presented our “GTO™5.0: Responsible Investment” strategy as a competitive advantage in our portfolio construction while Jovi also briefed the group on opportunities in PME's focus market. We are grateful for our LPs and marketplace partners who are walking with us on this journey. Together with you we climb our mountains and we celebrate our wins!
- WHISTLEBLOWING POLICY | PrimeMoversEquity
At PrimeMovers Equity, we are committed to the highest standards of integrity, accountability, and transparency. We believe that open, honest communication is essential to maintaining trust—both within our organization and with the broader community. WHISTLEBLOWING POLICY At PrimeMovers Equity, we are committed to the highest standards of integrity, accountability, and transparency. We believe that open, honest communication is essential to maintaining trust—both within our organization and with the broader community. We provide secure and confidential channels for employees, partners, and external stakeholders to raise concerns about suspected misconduct, unethical behaviour, or violations of company policies or the law. Whistleblowers are encouraged to report concerns in good faith, with the assurance that their reports will be treated with the utmost confidentiality. Employees or external parties who report suspected misconduct may choose to remain anonymous or request that their identity be kept confidential. PrimeMovers Equity is committed to protecting whistleblowers from retaliation and ensuring a safe and respectful process for all reports received. Whistleblowers may report concerns to Andrew Young - andrew.young@protegefs.com.

