Goodwin’s Hong Kong Private Equity team led a cross-office team advising Templewater on its acquisition of Ascensus Health Group (AHG), a leading Singapore-based provider of specialist women’s healthcare services. The acquisition marks a further step in Templewater’s strategy to build an integrated women’s healthcare platform across Asia.
Founded by leading obstetrics and gynaecology medical professionals, AHG is a trusted provider of specialist women’s health services, which operates a network of 13 clinics across Singapore and Malaysia. Its services include obstetrics and gynaecology, gynae-oncology, pediatrics, dermatology, and related healthcare services.
Templewater is an Asia-based alternative asset manager headquartered in Hong Kong. Templewater provides investment solutions to global institutions, family offices, and high-net-worth individuals, focusing on two core pan-Asia strategies: mid-market private equity buyouts and energy transition venture growth. Templewater’s mission is to provide financial and human capital, operational expertise, a corporate governance framework, and integrity to help build leading businesses.
The cross-office Goodwin team was led by Edwin Chan and included Ingram Cheung, Julia Lim, Andrew Mon, Dorothy Hou, Pearlynn Wang, Monique Chan and Vivian Lee (Private Equity M&A); Steve Howard, Dora Cheung, and Christopher Ho (Debt Finance); Dominic Wong and Ian Goh (Private Investment Funds); and Ai Tajima (Risk Management & Insurance).
The acquisition represents the second transaction Goodwin has completed this year for Templewater, following Goodwin’s advice to Templewater on its acquisition of The Women’s Clinic Group in March.