M&A Deal Summary

CapitalSG Acquires Bima Milvik

On October 23, 2023, merchant bank CapitalSG acquired insurance company Bima Milvik

Acquisition Highlights
  • This is CapitalSG’s 1st transaction in the Insurance sector.
  • This is CapitalSG’s 1st transaction in Singapore.

M&A Deal Summary

Date 2023-10-23
Target Bima Milvik
Sector Insurance
Buyer(s) CapitalSG
Deal Type Special Situations/Distressed

Target

Bima Milvik

Singapore, Singapore
Bima Milvik is a provider of digital health solutions to underserved families across South Asia, Southeast Asia and Africa using frictionless mobile payments. Bima Milvik was formed in 2010 and is based in Singapore.

Search 201,429 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer
DESCRIPTION

CapitalSG is a principal investment and advisory firm. The Firm's investment group looks to invest in or acquire businesses at all stages of development, including early and growth, to distressed. In addition to its investment activities, CapitalSG also a variety of investment banking and capital raising services. CapitalSG was formed in 2019 and is based in Singapore.


DEAL STATS #
Overall 1 of 1
Sector (Insurance) 1 of 1
Type (Special Situations/Distressed) 1 of 1
Country (Singapore) 1 of 1
Year (2023) 1 of 1