Buy-side acquisitions, sell-side mandates, financial due diligence, and GCC-Singapore cross-border M&A. MAS and ACRA-aware structuring, SFRS-specific FDD, and direct GCC family office relationships that pure-Singapore advisors cannot offer. No retainer , success fee 2%–5%. Principal-led.
End-to-end exit advisory , independent valuation, CIM preparation, buyer outreach, DD management, negotiation, close. GCC investor network is a unique advantage.
Representing GCC buyers targeting Singapore businesses , SFRS accounting, MAS change of control, GST, and stamp duty all navigated.
QoE covering SFRS normalisation, Singapore CT (17%), GST (9%), SFRS 16 leases, deferred revenue, MAS licensing. Delivered in 3–4 weeks.
MAS licence transferability, SFRS normalisation, GST compliance, stamp duty optimisation planned well before the sale process starts.
Raising equity from GCC family offices, sovereign-adjacent funds, and ASEAN PE. Direct relationships on both sides.
GCC buyers acquiring Singapore businesses, Singapore raising from GCC investors, family office setup under Section 13O/13U.
Direct relationships with UAE and GCC family offices and Gulf conglomerates actively looking at Singapore acquisitions , access local advisors cannot reach.
FDD calibrated to SFRS accounting, GST (9%), SFRS 16 lease treatment, and MAS licensing , a genuinely Singapore-market report, not a relabelled UAE format.
Understanding how the UAE-Singapore DTA interacts with UAE CT (9%) and Singapore CT (17%) to determine the optimal holding structure.
M&A mandates on success-fee-only basis , 2%–5% of deal value. Standalone valuation and FDD services fixed-fee, agreed upfront.
Valuations in 5–10 business days. FDD in 3–4 weeks. MAS-licensed acquisitions mapped for regulatory milestones from mandate day one.
The CFA Charterholder principal leads every Singapore engagement from day one to close , direct, senior access at every stage.
Singapore remains Southeast Asia's most sophisticated M&A market, handling over USD 60 billion in bilateral GCC trade annually.
Government-linked companies (Temasek, GIC, Sembcorp) remain active acquirers, setting valuation benchmarks. PE activity accelerated following the UAE-Singapore CEPA and Section 13O/13U family office incentives, bringing an estimated SGD 100 billion in family office AUM into Singapore. GCC family offices , particularly Abu Dhabi, Riyadh, Kuwait , are among the fastest-growing buyer categories for Singapore mid-market businesses.
Technology and SaaS command the highest multiples. MAS-licensed entities require detailed regulatory planning but trade at premium valuations given the licensing moat. Healthcare and life sciences benefit from Singapore's clinical research and medtech hub status.
| Sector | EV/EBITDA | Activity |
|---|---|---|
| Technology & SaaS | 10–20x | Very Active |
| FinTech & MAS-Licensed | 9–18x | Very Active |
| Healthcare & Life Sciences | 10–16x | Very Active |
| Logistics & Supply Chain | 7–12x | Growing |
| Agri-Tech & Food Innovation | 8–14x | Growing |
| Professional Services | 7–11x | Growing |
| Hospitality & F&B (ASEAN) | 6–10x | Strategic |
Indicative EV/EBITDA multiples from Singapore and ASEAN comparable transactions. Source: Corvian Advisory analysis, DealStreetAsia, MAS data.
A structured, five-step process that protects confidentiality and creates competitive tension among buyers , including GCC institutional buyers.
SFRS normalisation, GST compliance, MAS licence transferability, ACRA/SGX considerations.
CIM with SFRS-to-IFRS reconciliation and Singapore structure overview for GCC buyers.
15–30 qualified buyers: ASEAN PE, Singapore strategics, GCC family offices and sovereign funds.
Consideration structure, completion accounts, MAS licence conditions, earn-outs.
SPA execution, ACRA filings, MAS notifications, post-completion SFRS 3 PPA if required.
A Singapore B2B SaaS business with ~SGD 5M ARR serving enterprise clients across ASEAN. Pre-sale SFRS normalisation and valuation established a clear EV framework; process targeted ASEAN PE and GCC technology investors.
FDD identified deferred revenue recognised upfront under SFRS not flagged in the seller IM, and a GST liability of SGD 420,000. UAE-Singapore DTA analysis confirmed optimal holding structure.
A GCC financial services group acquiring a MAS-licensed payment institution required an SFRS 3 PPA. Intangibles identified: platform tech (SGD 3.2M), MAS licence premium (SGD 1.8M), customer relationships (SGD 2.1M).
No retainer for most mandates. Pre-sale valuation, CIM prep, GCC/ASEAN buyer outreach, negotiation through ACRA close.
Fixed fee. QoE, working capital SFRS normalisation, net debt and SFRS 16 leases, Singapore CT and GST review.
No retainer. Target ID, MAS timetable mapping, FDD coordination, deal structuring, ACRA close management.
Independent business valuation from SGD 2,000 , see Singapore Business Valuation. All fees fixed and agreed before engagement starts.
Five stages: SFRS valuation, CIM/ACRA data room, confidential buyer outreach (incl. GCC), negotiation, ACRA close. Typically 4–8 months; MAS-licensed businesses need 3–6 months for approval.
SGD 2 million enterprise value , the mid-market segment where structured M&A advisory delivers the most value.
Gateway to 700M ASEAN consumers, no capital gains tax, world-class MAS framework, and a tax-efficient UAE-Singapore DTA.
Practically yes , it surfaces QoE issues, normalises SFRS earnings, and creates a documented price basis. Included in every sell-side mandate.
17% headline, often lower with exemptions. No capital gains tax. Interacts with UAE CT (9%) via the DTA for GCC buyers.
A fund structure with segregated sub-funds and flexible capital, widely used by GCC family offices under Section 13O/13U.
Prior approval required for 5%+ acquisitions in MAS-licensed entities; approval takes 3–6 months and must be planned from mandate start.
Yes, 100% foreign ownership permitted in virtually all sectors, with exceptions for MAS-regulated entities and certain restricted sectors.
4–8 months typically; MAS-licensed businesses and GLC counterparties can require additional approval steps.