Back

Enterprise Technology Services Company, Skyform to Drive Digital Transformation in APAC

Skyform, a company established in 2024, offering a broad suite of cutting-edge enterprise technology services, was officially launched today by SeaTown Holdings International (“SeaTown”), in partnership with seasoned technology investor and entrepreneur Yuan En Lim (“Yuan En”).

Headquartered in Singapore, Skyform focuses on enterprise technology consulting, implementation, and development services. Backed by a capital commitment of up to SGD100 million from SeaTown Private Capital Master Fund (“PCap”) and Yuan En, Skyform will target key Asia-Pacific (“APAC”) markets, offering strategic services across third-party application software, custom software and data solutions. Skyform will continue to pursue inorganic growth, acquiring and scaling enterprise technology services companies in the region.

SeaTown’s private equity strategy centres on buy-and-build companies, delivering scalable growth and value creation. SeaTown’s private equity experience in APAC spans over a decade, with PCap having committed and deployed over USD300 million into six APAC-based companies including Foundation Healthcare Holdings, a Singapore-based private specialist healthcare group; YYC Holdings, a Malaysian professional services firm; and Linnovate Partners, a leader in asset servicing and fintech for the alternative investment industry. The establishment of Skyform aligns with SeaTown’s strategy of targeting industries with attractive financial profiles and resilient growth.

Founder and CEO of Skyform, Yuan En brings 16 years of regional experience investing in and growing platforms such as Straive, Everise and Everlife. He most recently co-led Southeast Asia direct buyouts at private markets investor, Partners Group. Under his leadership, Skyform aims to create a best-in-class digital transformation partner for large and medium enterprises in APAC.

Dickson Loo, Managing Director of SeaTown, said, “Skyform’s vision to build a scalable, multi-market company across key Asia-Pacific markets aligns closely with SeaTown’s strategy and approach to value creation. We are excited to partner with Yuan En to realise our shared vision and work collaboratively to capitalise on the secular trend of digital transformation across the region. Leveraging our deep market access and extensive talent network, we are confident that we can play a big part in supporting Skyform’s growth.”

Yuan En said, “Skyform addresses a market gap in the region for a trusted top-tier technology partner to emerging large and medium enterprises. While there are today several high-quality boutique providers, we aim to build a scaled, multi-market platform with deep domain expertise. Our focus will be on bringing to market a differentiated customer proposition and sustained delivery excellence. I’m thrilled to have the SeaTown team’s support and value creation DNA as indispensable pillars for this partnership.”

Read more in the attached Press Release.

© Copyright SeaTown Holdings International 2024.

3 Fraser Street #06-23 DUO Tower 
Singapore 189352

T +65 6622 9022
F +65 6820 6808

© Copyright SeaTown Holdings International 2024.