Buy well.Run better.Keep building.
Mandu Partners acquires owner-operated businesses across Southeast Asia. Then we rebuild how they run with technology and AI, and how they sell with digital marketing. We are operators first, with three exits behind us.
Most buyers bring a spreadsheet. We bring the operating team.
Owners across Southeast Asia have built real companies with loyal customers and steady cash flow. What most never had time for is the layer underneath: systems, automation, reporting, and a sales engine that works without the owner in the room.
That layer is our day job. One partner has built and sold three companies and ran growth at a fintech bought by a digital bank. The other has spent two decades automating how software companies operate. We install both inside the businesses we buy.
How we work →Three levers. Every deal.
Rebuild how it runs
Bookings, scheduling, stock, reporting. We replace manual work with software and AI agents, so the business runs on process and not on one person's memory.
Rebuild how it sells
Paid social, content, CRM and follow-up. We build a demand engine that brings customers in every week, tracked from first click to repeat purchase.
Own it for the long run
We buy to own, not to flip. Profits go back into the business, and the name, the team and the customers that made it work stay protected.
Resilient businesses with measurable upside.
Owner-operated. Profitable. Still run on paper, chat apps and memory. That last part is the opportunity.
Consumer brands
Strong customer loyalty, differentiated products and visible market potential.
Business services
Recurring demand, efficient operations and clear opportunities to upgrade systems.
Industrial platforms
Specialised market positions with room for operational improvement and scale.
What we built before Mandu.
Before Mandu, we founded, scaled and sold companies across Asia and North America.
TendoPay
Payroll-enabled financial services. 200+ employer partners. Acquired by Tonik.
Candy Banners
Digital ad production studio in Toronto. Acquired by Native Touch.
Stinson Design
Presentation design agency built from zero in Toronto. Acquired.
StartOps Group
DevOps as a Service firm in San Francisco. Led by a Mandu partner for a decade.
Kubegrade
AI agents for Kubernetes operations. Co-founded by both Mandu partners.
Wangift
HR gifting platform in Bangkok with its own production kitchen.
Two partners. Both operators.
No analysts, no layers. The people you meet are the people who do the work.
Tim Grassin
Three-time exit founder. Ran growth at TendoPay through its sale to Tonik. Co-founder and CEO of Kubegrade.
Caleb Fornari
Two decades in DevOps. Built early AWS tooling for Netflix, contributed to Terraform, led a San Francisco DevOps firm for ten years.
We have sat in your chair. Three times.
We know what selling a company you built feels like. So every owner gets the same four things from us.
Fair value
We recognise what you have built and structure every deal with transparency and respect.
Flexible terms
Deal structures shaped around your goals, with certainty about what happens next.
Operational support
Capital, governance and hands-on work from partners who have run companies themselves.
Lasting legacy
We protect the name, the team and the customers that made the business succeed.