OncoCare and Novena Heart Centre

OncoCare Medical (“OncoCare”) is one of the largest private oncology practices in Singapore, providing comprehensive consulting, diagnosis, and treatment services across various subspecialties. At the time of investment, OncoCare operates 7 clinics with 12 highly reputable oncologists.

Novena Heart Centre (“NHC”) is one of the leading multi-disciplinary cardiology group practices in Singapore, specializing in coronary intervention, heart rhythm management, heart failure, cardiac imaging, and cardiothoracic surgery. At the time of investment, NHC consists of 3 cardiology clinics with 5 cardiologists covering various subspecialties.

Who we partnered with

65 Equity Partners partnered with Templewater, a Hong Kong-based private equity firm, on their acquisition of OncoCare and NHC. 65 Equity Partners is committed to working closely with doctors and management to support the platform’s continued excellence and international expansion.

What attracted us to the business

OncoCare and NHC have quality business fundamentals stemming from market leading practices and specialists, and hence are well-positioned to capitalize on secular tailwinds of aging population, the rise in private healthcare spending, and Singapore’s status as a leading medical hub. We are excited about the opportunity to work with our shareholder partner and doctors to grow the group into a leading regional healthcare platform headquartered in Singapore.

Our value creation strategy

We aim to leverage our connections with the Singapore and Southeast Asia healthcare sector as well as our international market access to support both organic and inorganic growth initiatives, to enhance operations, and to build a leading specialty healthcare platform delivering best-in-class healthcare services to an even broader patient base in the region.




Felix Storch, Inc.

Founded in 1969, Felix Storch, Inc. (“FSI”) is a value-added provider of branded, custom-engineered specialty appliances designed to meet unique size and batch specifications for the residential, healthcare, commercial, and hospitality markets. FSI operates under several recognized appliance brands including Summit Appliance, a leading provider of specialty refrigeration and cooking appliances for residential and commercial applications, and Accucold, which specializes in cold storage equipment for the medical, pharmaceutical, laboratory, and life science industries. FSI’s founding family still runs the business and continues to own a significant stake in the company. The company operates facilities in the Northeast of the United States and leverages its global supply chains to serve the
North American market.

Who we partnered with

65 Equity Partners is partnering with FSI’s long-tenured management team which is led by the CEO Mr. Paul Storch.

What attracted us to the business

FSI’s unique fulfillment model, value-added customization capabilities, and globally diversified supply chains have contributed to their differentiated value proposition and niche market leadership within the specialty appliances industry.  FSI is also well positioned to capitalize on secular demand tailwinds for increasingly specialized, purpose-built products across end-markets.

Our value creation strategy

We aim to work closely with the FSI team to enhance organizational growth initiatives across new products, strategic brands, and core end markets.



AvePoint is a market leading global provider of a cloud-native software platform that optimises SaaS operations and secures collaboration for Microsoft, Google, Salesforce and other productivity platforms. The company modernises customers’ digital workplaces via both SaaS and on-prem software solutions and has over 17,000 enterprise, mid-market, SMB (small and medium businesses) and government customers worldwide. AvePoint’s global channel partner program includes more than 3,500 managed service providers, value-added resellers and systems integrators, with their solutions available in more than 100 cloud marketplaces, while being one of the largest independent software vendors within the Microsoft ecosystem. It is currently traded on the NASDAQ Stock Market under the AVPT ticker.

Who we partnered with

As a shareholder of AvePoint, 65 Equity Partners will support the AvePoint management team in the company’s next phase of growth and proposed eventual dual listing on the Singapore Exchange.

What attracted us to the business

AvePoint is a leading global player in the sizable and growing data security and governance market. We are confident that AvePoint is well-positioned to strengthen its leadership in this space with its well-built product offerings, high quality sales coverage and strong integration and deployment capabilities to serve tomorrow’s businesses with increasingly complex needs.



Boardroom is a leading corporate services provider in the Asia Pacific, offering a full suite of services across corporate secretarial, share registry, employee plans and business solutions. With presence in Singapore, Australia, Malaysia, Hong Kong, China and a strong network of partners across the region, Boardroom serves a diverse client base of multinational corporations, public-listed companies and private entities.

Who we partnered with?

65 Equity Partners partnered with Tower Capital Asia, a private equity firm focusing on mid-market Southeast Asian family-owned or entrepreneur-led businesses, in the buyout of Boardroom to support its next phase of growth.

What attracted us to the business?

Founded in 1968, Boardroom has a long and proven track record of being a trustworthy and reliable provider of high-quality services to its customers. We were drawn by the resilience of Boardroom’s business model and its position as a leading regional corporate services provider today. We see this as a strong base providing a clear runway for sustainable growth, underpinned by sector tailwinds and opportunities for value creation.

Our value creation strategy?

Partnering management, we work closely with the Boardroom team to chart out a strategic roadmap involving both organic and inorganic initiatives such as enhancement of service offerings, productivity improvements and digital transformation. We look to leverage our strong local insights, broad Asian network and international presence to strengthen Boardroom’s position as a regional leader.

Website: https://www.boardroomlimited.com/