Singapore, January 19, 2023 /PRNewswire/ — Novo Tellus, a leading private equity fund focused on building industrial and technology companies, has completed its investment in SP Manufacturing (“SP” or “Company”).
Head office location Singapore, SP Manufacturing, is an electronics manufacturing service provider offering total manufacturing solutions from design concept to full production. Focused on high-mix, high-performance, mission-critical electronics, SP strategically places his six locations around the world. Southeast Asia, EuropeWhen Chinahas over 60 years of manufacturing experience under its belt.
SP has grown significantly over the years due to its focus on customer service and innovative manufacturing technology as a trusted solutions partner. We believe our customers are at the center of everything we do, and SP is proud to be the extended manufacturing arm of every major customer we serve.
With an investment from Novo Tellus, SP is about to embark on the next chapter of the company’s journey through aggressive expansion to meet customer needs and drive results through supply chain efficiency. SP will also leverage NT’s network of experts and company portfolio to open doors to new business opportunities and technical capabilities.
“We are very excited to partner with Novo Tellus to build the future of SP.” Phillip On, CEO of SP. “Having spent a good amount of time at Novo Tellus, I feel they have a deep understanding of many of the pressure points in running a manufacturing business. recognizes the importance of adopting a long-term view of business relationships and customer centricity, and is most impressed with Novo Tellus’ track record in growing industrial companies globally and I am very much looking forward to accelerating the growth of SP and drawing together the future of SP.”
“We have been impressed with SP’s professional approach to building long-term partnerships with global clients. Keith Toe When Pei Shan Wong at Novotelus. “As a result, SP has grown from twice as fast as he is to three times as fast as he is in global electronics manufacturing over a decade. Europe When usaAs well as providing engineering and manufacturing services offshore Southeast Asia When Chinareflects the highest strengths that modern global production networks will evolve over the next decade. “
With this investment, Novo Tellus will obtain a controlling interest in SP and the company’s family owners will retain a significant and active stake in the business.
To learn how SP Manufacturing advances the production and engineering of mission-critical electronics, visit sp-manufacturing.com or contact SP directly below.
About New Earth
Novo Tellus is a private equity firm focused on building sustainable technology and industrial companies. Southeast AsiaThe company stands out for its deep insight into changes in the global technology ecosystem and proactive and empathetic partnerships with management teams to build lasting businesses and superior returns on investment.
For more information on our partnership with Novo Tellus, please visit novotellus.com.
Source SP Manufacturing Pte Ltd