Catalyst Venture Partners, a UK-based corporate finance and fast growth advisory firm specialising in the environmental technology, healthcare, software and media, have entered into a partnership agreement with Singapore-based iAxil, the venture accelerator arm of Asian conglomerate Ascendas.
The European-Asian venture aims to support and assist both European-based companies wishing to access the Asian market, and Asian-based companies seeking to penetrate European markets.
The partnership will support companies in developing contacts, carrying out due diligence on potential partners/customers and negotiating deals.
According to Richard Turner of Catalyst Venture Partners, “This is such an exciting time in the development of east/west trading relationships. I am delighted that we can offer our portfolio and other companies access to such a high quality partner in the East”.
Commenting on the partnership, Tay Li Ling, Senior Vice President of iAxil, was reported as saying: “Catalyst have such an excellent understanding of technology companies and European markets I am delighted that we can offer this service to our companies”.