Mergers and Acquisitions
Singapore’s car marketplace Carro acquires Australian used car platform CarPlace, expanding to 8 markets
Carro, Asia Pacific's leading online automotive marketplace, has acquired CarPlace, a leading Australian used car platform operated by Autoleague, one of Australia's largest automotive groups, giving Carro a physical presence in three of Australia's four largest markets.
Taiwan’s QBit Semiconductor acquires 60% stake in Singapore’s SinChip to expand ASIC design services
Taiwan's QBit Semiconductor has acquired a 60 percent stake in Singapore-based SinChip Technology, as part of a push to expand its application-specific integrated circuits (ASIC) design services into Edge AI, high-performance computing, optical communications, and automotive sectors.
Silicon Valley’s BizLink to acquire Singapore-Based Interplex Datacom from Blackstone for $900M
Silicon Valley-based BizLink Holding is set to acquire Interplex Datacom, a Singapore-headquartered division of Ennovi held by Blackstone, in an all-cash transaction valued at $850 million plus up to $50 million in contingent consideration,
Australia’s Tuas ends $1.1B M1-Simba telco merger in Singapore
Australia's Tuas Limited, the parent firm of Singapore telecommunication heavyweight Simba Telecom, has terminated the merger between Simba and M1.
Singapore suspends review of proposed $1.1B M1-Simba telco consolidation
Singapore's Infocomm Media Development Authority (IMDA) has suspended its assessment of the proposed consolidation between M1 and Simba worth S$1.43 billion ($1.12 billion), pending the outcome of an investigation into Simba’s use of radio frequency spectrum.
Singapore’s Oneteam secures financing from GB Helios, completes second acquisition
Oneteam, a Singapore-headquartered small and medium-sized enterprise (SME) acquisition platform focused on succession solutions, announced Wednesday it has secured a dedicated merger and acquisition (M&A) financing facility from Polaris, the alternative financing arm of GB Helios, which formed part of the financing for its second acquisition completed…
TNGlobal Tracker: Southeast Asia Monthly Funding Snapshot – July 2025
The SEA Monthly Funding Tracker for July 2025 revealed a sharp pullback in startup investment activity across the region. Total funding in July 2025 fell to $68.0 million across 12 rounds, a 77.08 percent decrease from June 2025 ($296.7 million) and a 76.68 percent drop year‐on‐year compared to July 2024 ($291.6 million).
Singapore’s super app Grab looks to strike deal to acquire Indonesia’s GoTo in 2Q – report
Grab Co-Founder and CEO Anthony Tan declined to comment to TNGlobal's query on Grab-GoTo merger news when asked at GrabX event in Singapore last month.
Behind the scenes of Synagistics’ historic de-SPAC listing
For Synagistics, its de-SPAC last October represented a strategic opportunity for the Singapore-based data-driven digital solutions provider. Co-founder Zanetta Lee said the listing gave it a platform to grow its business in both Southeast Asia and Greater China.
Kredivo Group acquires Indonesia’s earned wage access platform GajiGesa
This acquisition will mark Kredivo Group’s entry into the fast growing EWA market, and is in line with the group’s mission of providing fast, affordable and widely accessible financial services to its customers. Post-acquisition completion, GajiGesa will continue operating under its own brand, as a new business unit under Kredivo Group.
