SeaTown Holdings International (“SeaTown”) announced today its investment via SeaTown Private Capital Master Fund (“SeaTown PCap Fund”) in AddVita, a Singapore-headquartered healthcare and life sciences distribution company. With a capital commitment of up to SGD 115 million from SeaTown PCap Fund, this investment positions AddVita as an enduring home for small and medium-sized healthcare and life sciences distribution businesses across Asia, providing them with a strong foundation and network to accelerate their growth.
At the core of AddVita’s vision is a commitment to becoming Asia’s most trusted and impactful healthcare and life sciences distribution network. By building a strong ecosystem of empowered small and medium-sized businesses, AddVita aspires to create a healthier future and transform healthcare accessibility and quality through a steadfast focus on innovation and collaboration.
AddVita will look to acquire market-leading niche businesses in Asia, specialising in distributing high-quality medical, laboratory and pharmaceutical products and services. Backed by SeaTown PCap Fund’s capital support and strategic guidance, Add Vita will continue to grow by executing a “Buy-and-Build” strategy centred on its long-term vision. Through these targeted investments and strategic partnerships, AddVita will establish a platform of high-quality products and services that improve access to and quality of healthcare across Asia.
SeaTown PCap Fund’s investment reflects its confidence in AddVita’s vision and aligns with SeaTown’s long- term private equity strategy, which focuses on a buy-and-build approach emphasising scalable growth and value creation. With over a decade of private equity experience in Asia and more than USD 400 million committed into buy-and-build investment opportunities, SeaTown is well-positioned to support AddVita’s growth.
Dickson Loo, Managing Director of Private Equity at SeaTown, said, “We are excited to support AddVita in its mission to empower small and medium-sized businesses, enhancing healthcare access and quality across Asia. The healthcare distribution sector is resilient, with robust secular growth tailwinds. Our high-quality partners have also demonstrated the ability to generate strong cash flow and sustainable earnings growth. With SeaTown’s partnership, we are confident that AddVita will emerge as a leader in the region’s healthcare distribution sector, unlocking significant value creation opportunities.”
AddVita invites like-minded businesses to become part of its ecosystem and vision to be Asia’s most trusted and impactful healthcare distribution network, improving healthcare access and quality across the region.
