Ashurst ADTLaw acted for KV Asia Capital Pte. Ltd. ("KV Asia") in its acquisition of i-Sprint, a cybersecurity software company focusing on identity and access management.
KV Asia Capital is a private equity firm focused on partnering management teams and companies across Southeast Asia, investing in mid-sized businesses across sectors such as consumer and retail, healthcare, education, manufacturing, and business services. The firm has a track record of successfully investing behind management teams to drive strategic transformation and growth of mid-market businesses into regional success stories.
i-Sprint is a global leader in Digital Identity, Mobile Security, PQC App Migration, and Brand Protection solutions. For 25 years, i-Sprint has delivered award-winning cybersecurity software to financial institutions, multinational corporations, and government agencies across more than 250 organisations worldwide.
We brought together a multi-jurisdictional and multi-practice team to deliver end-to-end transaction support for the client. The team was led by Xiaozheng Ko from Singapore with support from Hui Lyi Tay, Yixi Wang and Alicia Loo. The rest of the team included Southeast Asia Head of M&A Tao Koon Chiam, Head of Corporate Transactions (Asia) Frank Bi, Jean Woo, Michael Sheng and Michael Neary, who were supported by Derek Wang, Christy Li, Jake Sng, Ernest Koh, Ivan Kay, Chloe Xiang, Yoshi McGeary and Zoe Chan.
Xiaozheng Ko commented, "This transaction is another showcase of our ability and experience in delivering structured capital solutions to achieve the commercial objectives of the parties. We are also proud of our deep experience in executing and closing complex cross-border private equity transactions. We are excited for KV Asia Capital and i-Sprint as they take the business to greater heights."
