
Proof of strategy since 2015 with 11 investments, focusing on founder-partnering buyouts, corporate carveouts and high-conviction strategic greenfields valued between $50 million and $400 million in entry enterprise value
Proof of strategy since 2015 with 11 investments, focusing on founder-partnering buyouts, corporate carveouts and high-conviction strategic greenfields valued between $50 million and $400 million in entry enterprise value

AAM International (Singapore, corporate carve out)
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Control JV of the semiconductor packaging material business with ASMPT

AIM Systems (Korea, founder-partnering buyout, exited)
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Leading Manufacturing Execution System software vendor in the display (#1 in China) and semiconductor markets

Cloud Light (Hong Kong, corporate carve out, exited)
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MBO of optical module business from TDK. Follow on investment from YOFC and Capital G.

HMD Global (Finland, de novo venture, exited)
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Relaunch of the Nokia-branded mobile devices business

Jaguar Micro (China, de novo venture, unicorn)
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Seeded in collaboration with Tencent the formation of a Data Processing Unit IC design venture for the data center market

Maxnerva Technology Services (Taiwan, corporate carveout, exited)
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Carve-out of Foxconn’s smart manufacturing system integration division

Preciseley (Canada, founder partnering buyout, partially exited)
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Leading supplier of electronic mechanical micro optical devices for the telecom and automotive markets. Sold control to Hankook.

Source Photonics (US, secondary buyout)
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Leading vertically integrated optical transceiver business; purchased from Francisco Partners.

Tempo Automation (US, SPAC merger)
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Software-defined platform to automate and consolidate the US fast turn/prototyping electronic manufacturing industry

Tesna (Korea, founder partnering buyout, exited)
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Control of listed specialty wafer testing service provider. Sold to Doosan.

Woojin M&E (Korea, founder-partnering carveout, exited)
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Korea’s leading total solution provider for industrial power equipment