Thursday, December 12, 2024
HomeRecent ArticlesSeaTown Launches Skyform in Partnership with Entrepreneur Yuan En Lim

SeaTown Launches Skyform in Partnership with Entrepreneur Yuan En Lim

Skyform, a company established in 2024, offering a broad suite of cutting-edge enterprise technology services, was officially launched today by SeaTown Holdings International (“SeaTown”), in partnership with seasoned technology investor and entrepreneur Yuan En Lim (“Yuan En”).

Skyform, a company established in 2024, offering a broad suite of cutting-edge enterprise technology services, was officially launched today by SeaTown Holdings International (“SeaTown”), in partnership with seasoned technology investor and entrepreneur Yuan En Lim (“Yuan En”).

Read also – Pi-xcels Secures $2.7 Mn Seed Funding led by Headline

Headquartered in Singapore, Skyform focuses on enterprise technology consulting, implementation, and development services. Backed by a capital commitment of up to SGD100 million from SeaTown Private Capital Master Fund (“PCap”) and Yuan En, Skyform will target key Asia-Pacific (“APAC”) markets, offering strategic services across third-party application software, custom software and data solutions. Skyform will continue to pursue inorganic growth, acquiring and scaling enterprise technology services companies in the region.

Read also – Gentari and Mastercard Announce Collaboration to Catalyse EV Adoption

SeaTown’s private equity strategy centres on buy-and-build companies, delivering scalable growth and value creation. SeaTown’s private equity experience in APAC spans over a decade, with PCap having committed and deployed over USD300 million into six APAC-based companies including Foundation Healthcare Holdings, a Singapore-based private specialist healthcare group; YYC Holdings, a Malaysian professional services firm; and Linnovate Partners, a leader in asset servicing and fintech for the alternative investment industry. The establishment of Skyform aligns with SeaTown’s strategy of targeting industries with attractive financial profiles and resilient growth.

Founder and CEO of Skyform, Yuan En brings 16 years of regional experience investing in and growing platforms such as Straive, Everise and Everlife. He most recently co-led Southeast Asia direct buyouts at private markets investor, Partners Group. Under his leadership, Skyform aims to create a best-in-class digital transformation partner for large and medium enterprises in APAC.

Dickson Loo, Managing Director of SeaTown, said, “Skyform’s vision to build a scalable, multi-market company across key Asia-Pacific markets aligns closely with SeaTown’s strategy and approach to value creation. We are excited to partner with Yuan En to realise our shared vision and work collaboratively to capitalise on the secular trend of digital transformation across the region. Leveraging our deep market access and extensive talent network, we are confident that we can play a big part in supporting Skyform’s growth.”

Yuan En said, “Skyform addresses a market gap in the region for a trusted top-tier technology partner to emerging large and medium enterprises. While there are today several high-quality boutique providers, we aim to build a scaled, multi-market platform with deep domain expertise. Our focus will be on bringing to market a differentiated customer proposition and sustained delivery excellence. I’m thrilled to have the SeaTown team’s support and value creation DNA as indispensable pillars for this partnership.”

About SeaTown

Founded and headquartered in Singapore since 2009, SeaTown is a leading Asia-focused alternative investment firm with deep expertise across private and public markets.

Owned by Seviora, Temasek’s asset management group, we are a trusted steward of capital, investing alongside our investors in conviction-driven strategies. Our alternative investment fund platform offers international investors exposure to highly specialised private equity, private credit, and thematic absolute return opportunities in the region.

About Skyform

Skyform was founded in 2024 with the vision of building APAC’s next generation digital transformation platform. Headquartered in Singapore, Skyform advises, implements, and develops top-tier technology solutions for enterprises across the APAC region. Skyform is backed by SeaTown Private Capital Master Fund, a private equity fund managed by SeaTown Holdings International Pte. Ltd. (“SeaTown”). SeaTown is a leading Asia-focused alternative investment firm owned by Seviora Holdings, Temasek’s asset management group.

- Advertisement -
RELATED ARTICLES
- Advertisment -

Most Popular