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DCP Capital
New York, NY, March 08, 2018 --(PR.com)-- BDA Partners is pleased to announce that its clients, Navis
Capital Partners and Novo Tellus Capital Partners, have completed the sale of MFS Technology in
Singapore to DCP Capital. BDA acted as the exclusive financial advisor to Navis and Novo Tellus.
MFS is a leading development partner and provider of interconnect solutions for 170 multinational
customers, delivering high value products to 300 customer sites globally. MFS specializes in interconnect
solutions for high density interconnect, low volume, high-mix flexible printed circuit, PCB and rigid-flex
circuit markets. MFS operates out of Singapore, Malaysia, and China.
Jean-Christophe Marti, Senior Partner of Navis, and Loke Wai San, Managing Director and Co-Founder
of Novo Tellus, commented: "Our objective in the MFS investment was to sharpen the company's focus
on Automotive, Industrial, Medical and Storage (“AIMS”) customers, riding on several related secular
growth trends, including the advent of the Internet-of-Things, growth in spend on medical devices,
automobile electrification and the rise of driverless vehicles, and growth in demand for data storage
capacity. This strategic refocusing, coupled with management's fine stewardship of the business, has been
fundamental to MFS's consistent and reliable growth over the years.”
Paul DiGiacomo, Senior Managing Director at BDA, commented: "We're delighted to have advised
Navis and Novo Tellus on their successful exit. Over the past four years, MFS has repositioned itself as a
successful global business, and we are excited to watch as MFS enters the next phase of growth under
DCP. This transaction highlights BDA's expertise in the industrial sector, and our ability to execute global
sale processes for private equity clients.”
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Novo Tellus Capital Partners is a private equity firm that primarily makes control buyout investments in
small and medium-sized companies in SE Asia. It seeks to invest in information technology, industrial
manufacturing, healthcare and clean technology sectors. The firm works in partnership with experienced
management teams and business owners to grow their businesses organically, as well as through strategic
acquisitions and regional & global market entry. Novo Tellus Capital Partners was founded in 2010, and
is based in Singapore, with an office in Beijing, China. www.novotellus.com
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Contact Information:
BDA Partners
Euan Rellie
212-265-5300
Contact via Email
www.bdapartners.com
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