KV Asia Capital, a private equity fund focused on mid-market investments across Southeast Asia acquired APIIT Education Group from Ekuiti Nasional Bhd (Ekuinas), a government-linked private equity fund management company.
Headquartered in Singapore with offices in Malaysia and Indonesia, KV Asia Capital invests in a range of industries, including consumer, healthcare, manufacturing and services. The firm has a dedicated and experienced team, with a disciplined approach to investing in growth, quality and value. Other notable investments include Orange Valley Healthcare, Aalst Chocolate, TF Value-Mart and DXN Holdings.
PwC Malaysia's Corporate Finance team acted as the financial advisor to KV Asia in connection with the transaction.
Gregory Bournet
Partner, PwC Malaysia