Summary of Buy-Side Mandates from Investors

Shasu Invest represents international corporations and investment funds (Japan, the United States, Singapore, etc.) seeking target companies for acquisition or strategic partnerships:

1. HEALTHCARE

Specialized Clinics: Ophthalmology, Surgery, located in Vietnam, Indonesia, Malaysia, and Singapore. EBITDA: USD 1M – USD 5M.
Hospital/Clinic Networks: Chain-scale healthcare platforms across Southeast Asia. Investment Budget: USD 12.9M – USD 25.8M.
Medical Device Manufacturing: Factories with clean room facilities, employing 20–100 staff.
Pharmaceuticals: Companies specializing in lifestyle disease medications (Diabetes, Gout) and sleep support devices (CPAP).

2. TECHNOLOGY, AI & DATA CENTER

Super Deal (USD 100M+): Data Center Technology, Data Center Robotics, AI Software (Priority given to globally recognized top-tier brands).
B2B SaaS / Software: Stable revenue businesses serving the Real Estate and Banking sectors. Investment Budget: USD 0.6M – USD 1.9M (Equity Investment).
IT Services / System Integrators (SIers): Large-scale companies with over 1,000 engineers and annual revenue exceeding USD 32.3M. Primary focus on the United States, Japan, and Vietnam.
Digital Marketing & FinTech: Companies specializing in Lending and B2C Applications in Singapore and the ASEAN region. Investment Budget: Up to USD 64.5M.

3. RETAIL, F&B & FOOD

Restaurant Chains: Teppanyaki, Ramen, Dessert chains. Investment Budget: USD 1.3M – USD 32.3M. Priority given to businesses operating five or more outlets.
Retail / Supermarkets: Major supermarket chains in the United States or the APAC region. Revenue: USD 6.5M – USD 12.9M+.
Food Manufacturing: Seasonings (Halal-certified), Seafood Processing (Vietnam), Cheese Manufacturing (Worldwide). Minimum Revenue: USD 6.5M.
Wholesale Distribution: Suppliers serving the HORECA channel. Revenue: Above USD 7M.

4. LOGISTICS & HEAVY INDUSTRY

Heavy Machinery Rental: Construction equipment and crane rental businesses operating at seaports and industrial parks. Investment Budget: USD 32.3M – USD 64.5M. (Self-operated business model required.)
Cold Chain Supply Chain: Food logistics and preservation technologies (including liquid freezing technology). Minimum Revenue: USD 6.5M.
Integrated Logistics: Freight forwarding and warehousing businesses in Thailand, Malaysia, and Vietnam. Investment Budget: USD 12.9M – USD 64.5M.

5. MANUFACTURING & MATERIALS

General Manufacturing: Engineering plastics, mechanical engineering (excluding food and garment manufacturing). Valuation: 5–7x EBITDA.
Chemicals: Manufacturers of semiconductor chemicals, cleaning chemicals, and aerosol products. Investment Budget: Below USD 50M.
Packaging: Carton box and paper packaging manufacturers in Vietnam, the United States, and India. Revenue: Above USD 6.5M.

6. HR & EDUCATION

Recruitment / Staffing: Blue-collar workforce recruitment or high-end IT recruitment companies. Investment Budget: Up to USD 32.3M.
Education: International kindergarten and preschool operators in Malaysia, Indonesia, and Taiwan.

GENERAL INVESTMENT CRITERIA

Low Owner Dependency: Preference for companies with well-established ISO/ERP systems and standardized operating procedures, minimizing reliance on the current owner.
Compliance: Transparent financial records and legal compliance.
Synergy: Loss-making companies may still be considered if they offer strong ecosystem synergy potential, particularly in the Technology and HR sectors.

Japanese investors place significant emphasis on transparency and the stability of the management team following the acquisition. Even in 100% acquisitions, they generally expect the existing management team and key personnel to remain with the business for a transition period of 2–3 years.

Business owners and advisory firms interested in these opportunities are welcome to contact us: