351 views
Press photo from Timah Partners

Timah Partners secures $60m debt facility for SME acquisitions

UOB, RHB, and Genesis back the delayed-drawdown facility for Singapore deals. 

Holding company Timah Partners has secured a $60m umbrella debt facility to fund multiple acquisitions of small and medium-sized enterprises (SMEs) in Singapore.

The group said the facility is backed by UOB, RHB Bank, and Genesis Alternative Ventures, with Kroll Agency and Trustee Services acting as facility and security agent.

The facility is structured as a delayed-drawdown arrangement, providing a pre-negotiated framework that allows Timah to finance and execute multiple SME acquisitions over time.

“This umbrella facility lets us run a consistent, high-certainty, and smooth acquisition process with excellent partners, and move swiftly when it matters,” Dennis Chua, founder and CEO of Timah Partners, said.

The company focuses on acquiring businesses where founders are seeking succession options, particularly resilient, cash-generating SMEs, including asset-light companies.

Join Singapore Business Review community
Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

You're the reader we write for. You're also the person our partners want to reach.

If that sentence describes you — a founder, a C-suite, someone whose attention companies pay good money for — then you already understand why SBR works. We've spent twenty years earning the trust of readers exactly like you. Which is exactly what makes this an interesting place for your company to show up, too.

The ways it can show up are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The right fit depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If your company has something this audience should know about, we'd like to hear what you're working on.

No rate cards until we understand the brief. It's a better use of everyone's time.