Aver Asia (S) Pte Ltd Asset Profile

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Year established

1999

Location

Singapore Singapore

Primary Industry

Logistics & Distribution

About

Founded in 1999 and based in Singapore, Aver Asia (S) Pte Ltd is an industrial distributor of rental equipment across Asian countries for the future projects of multi-industries and clients. The company provides forklifts, air compressors, generators, diesel welders, air winches, and aerial platforms for the use of various business industries such as construction, infrastructure, marine, offshore, and oil and gas. The company held a total number of 477 employees by the end of December 2019. In March 2015, CDH Investments provided growth transactions for the expansion and growth of the offices in the Asia region. In January 2021, the acquisition of Sumitomo Corporation will help the company in expanding and maximizing its business products to reach other Southeast Asian countries.

Primary Industry

Logistics & Distribution

Sub Industries

Industrial Wholesalers

Website

www.averasia.com

Company Stage

Acquired

Total Amount Raised

Subscriber access only

Deals

Deals Type
Trade Sale
Growth

Deal Status	Target (s)	Deal Date	Investor(s)	Seller(s)	Deal size (Mn)	Enterprise value (Mn)	Post-money valuation (Mn)	EBITDA multiple (x)	Revenue multiple (x)	Lead partner (s)
Completed	Aver Asia (S) Pte Ltd	27 Jan 2021
Completed	Aver Asia (S) Pte Ltd	20 Mar 2015

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