Goodwin’s Hong Kong Private Equity team led a cross-office team advising Templewater on its acquisition of Ascensus Health Group (AHG), a leading Singapore-based provider of specialist women’s healthcare services. The acquisition marks a further step in Templewater’s strategy to build an integrated women’s healthcare platform across Asia.
Founded by leading obstetrics and gynaecology medical professionals, AHG is a trusted provider of specialist women’s health services, which operates a network of 13 clinics across Singapore and Malaysia. Its services include obstetrics and gynaecology, gynae-oncology, pediatrics, dermatology, and related healthcare services.
Templewater is an Asia-based alternative asset manager headquartered in Hong Kong. Templewater provides investment solutions to global institutions, family offices, and high-net-worth individuals, focusing on two core pan-Asia strategies: mid-market private equity buyouts and energy transition venture growth. Templewater’s mission is to provide financial and human capital, operational expertise, a corporate governance framework, and integrity to help build leading businesses.
The cross-office Goodwin team was led by Edwin Chan and included Ingram Cheung, Julia Lim, Andrew Mon, Dorothy Hou, Pearlynn Wang, Monique Chan and Vivian Lee (Private Equity M&A); Steve Howard, Dora Cheung, and Christopher Ho (Debt Finance); Dominic Wong and Ian Goh (Private Investment Funds); and Ai Tajima (Risk Management & Insurance).
The acquisition represents the second transaction Goodwin has completed this year for Templewater, following Goodwin’s advice to Templewater on its acquisition of The Women’s Clinic Group in March.
For more information on the transaction, please read the press release.