Announced
Completed
Financials
Sources
Tags
Private
Acquisition
Minority
Completed
Friendly
Single Bidder
Private Equity
Recreational Services
entertainment content
creative agency
Singapore
Domestic
Synopsis
65 Equity Partners, an independently managed investment firm wholly-owned by Temasek Holdings, completed a $106m investment in Cityneon, a Singapore-based immersive entertainment firm. "We are excited to partner Cityneon's management team in its next phase of growth. Cityneon has a unique franchise, which provides IP-based immersive entertainment where it has built a leading position globally supported by a portfolio of high quality IPs. This investment aligns strategically with our mandate of supporting high growth, leading businesses led by founders and entrepreneurs, to help them scale and fulfil their growth aspirations, as well as facilitating their eventual public listing," Tan Chong Lee, 65 Equity Partners CEO.
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