Franck da Silva | Europe–ASEAN M&A

Europe–ASEAN M&A. Cross-border deals, founder-owned targets, mid-market.

[Franck da Silva | Europe–ASEAN M&A @FranckCdaSilva]

Ænon advised Legrand on the acquisition of SRS Power Engineering in Malaysia. Exclusive buy-side mandate.

[Franck da Silva | Europe–ASEAN M&A @FranckCdaSilva]

@PE_Insights Stake in the GP, plus capital for future funds. Classic route when you want Italian mid-market deal flow, not just one asset.

[Franck da Silva | Europe–ASEAN M&A @FranckCdaSilva]

@BusinessTimes Temasek takes 9% of Italy's FSI and commits to future funds. Singapore capital buying European mid-market access through the GP.

[Franck da Silva | Europe–ASEAN M&A @FranckCdaSilva]

@NikkeiAsia Vietnam putting food-safety rules on delivery apps. Grab and Shopee already run the logistics; the compliance stack just got thicker too.

[Franck da Silva | Europe–ASEAN M&A @FranckCdaSilva]

Determination matters, of course. But so does choosing the right people, listening to them, giving them room to contribute, and creating real enthusiasm around the work.

Some management principles age rather well.

#weekendpost

[Franck da Silva | Europe–ASEAN M&A @FranckCdaSilva]

SEA renewables getting a second push from Middle East disruption. For mid-market that means more founder-owned energy assets in play, and more European buyers watching the region.

[Franck da Silva | Europe–ASEAN M&A @FranckCdaSilva]

@NikkeiAsia US industrial capital into a Vietnamese miner. These quieter stakes in hard assets often matter more than the splashy platform deals.

[Franck da Silva | Europe–ASEAN M&A @FranckCdaSilva]

@NikkeiAsia Vingroup putting Siemens into Vietnam’s first high-speed lines is a big infrastructure cheque. The quieter mid-market deals will sit in the supply chain around that build.

[Franck da Silva | Europe–ASEAN M&A @FranckCdaSilva]

@NikkeiAsia Mitsubishi pushing its Ayala stake up toward 20% fits how Japanese trading houses still like to sit inside ASEAN family groups for the long game.

[Franck da Silva | Europe–ASEAN M&A @FranckCdaSilva]

@NikkeiAsia Thailand pushing front-end chip production is the scarce part of the stack. Assembly capacity is easier to find than wafer capacity.

[Franck da Silva | Europe–ASEAN M&A @FranckCdaSilva]

@techinasia Seeing this more in diligence on Indonesia and Philippines tech assets. Localization looks like control until you map who can actually reach the data under stress.

[Franck da Silva | Europe–ASEAN M&A @FranckCdaSilva]

@NikkeiAsia Oil and gas access with a UN-backed process on top. For anything tied to those blocks, the timeline risk just got more formal.

[Franck da Silva | Europe–ASEAN M&A @FranckCdaSilva]

@ABLJ_insights Another Japanese cheque into Indonesian digital brokerage. The stake size matters less than what SBI gets on governance and distribution after close.

[Franck da Silva | Europe–ASEAN M&A @FranckCdaSilva]

@techinasia Interesting shift in Indonesia: foreign capital still there, just less patient with venture timelines.

[Franck da Silva | Europe–ASEAN M&A @FranckCdaSilva]

@japantimes When Finance and MAHB are already war-gaming with rivals while management raises capital, you’re looking at two processes at once. Fundraising on the surface, consolidation options underneath.

[Franck da Silva | Europe–ASEAN M&A @FranckCdaSilva]

@MSBIntel Grab buys control of a multi-country credit book with cash. Distribution into lending at scale, across markets Atome already runs.

[Franck da Silva | Europe–ASEAN M&A @FranckCdaSilva]

Grab puts $1.49bn cash into a controlling stake in Atome.
SEA consumer credit is consolidating into the super-apps. The interesting question is less the headline price than how regulators across five markets treat a Grab-controlled lender.

[Franck da Silva | Europe–ASEAN M&A @FranckCdaSilva]

European buyers often underestimate ASEAN acquisition timelines because they measure the transaction from due diligence. For an off-market deal, the clock often starts much earlier: when the first relationship with the founder is established.

[The Straits Times @straits_times]

Economists raise Singapore’s 2026 growth forecast to 5% on AI boom: MAS survey https://t.co/xWY20IMqQ7

[Franck da Silva | Europe–ASEAN M&A @FranckCdaSilva]

https://t.co/FWONHHva9M

[Franck da Silva | Europe–ASEAN M&A @FranckCdaSilva]

Ænon advised Legrand on the acquisition of SRS Power Engineering in Malaysia. Exclusive buy-side mandate.

[Franck da Silva | Europe–ASEAN M&A @FranckCdaSilva]

Most of the good targets in the region are founder-owned and never come to market. Finding them is the work.