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Randy Teo
Co-Founder & Partner at PrimeMovers Equity
Randy Teo is a prominent figure in the private equity and industrial manufacturing sectors, currently serving as a Board Director at Engtek Group.13 He is an experienced business leader with a background in management, marketing, and consulting across various industries.
Professional Background
Randy Teo is the co-founder of PrimeMovers Equity, a private equity firm he established in 2022 with his partner Soo Jin Goh.14 Prior to founding PrimeMovers, Teo had a significant career in private equity and industrial management:
- He worked at Platinum Equity, where he helped establish the Singapore office.1
- Teo served as the CEO of Infastech, a company formed from the carve-out of two divisions from a Platinum Equity portfolio company.1
- He has over 15 years of experience pursuing industrial businesses in the private equity sector.1
Current Roles
- Board Director at Engtek Group: Teo is involved in the strategic direction of Engtek, a manufacturing company with a 50-year history.3
- Managing Partner at PrimeMovers Equity: In this role, he focuses on midmarket investments and works closely with management teams.5
- Managing Partner at T3EACH Global Ventures LLP: This appears to be another venture Teo is involved with.6
Investment Philosophy
Randy Teo's approach to business and investment is influenced by his Christian faith. This is reflected in:
- The exclusion of deals that do not align with his principles
- A commitment to channeling a portion of profits to charitable causes
- The incorporation of purpose-driven, value-based performance coaching in portfolio companies1
Notable Achievements
- Co-founded PrimeMovers Equity, which has successfully raised its debut fund
- Led the SGD 150 million (USD 111 million) carve-out of Engtek from Exor
- Oversaw Engtek's bolt-on acquisition of Asaba Manufacturing Phils1
Randy Teo's LinkedIn profile can be found under the username randy-teo-6aaa5110, where he lists his current position with Engtek Group.2
Highlights
Sep 11 · buletinmutiara.com
Penang's EngTek Group celebrates 50 years of manufacturing ...
Feb 28 · ionanalytics.com
Asia PE people: Daniel Chua on being private equity's only pastor
Feb 22 · theedgesingapore.com
PrimeMovers bucks PE downturn with focus on financing and ...
May 19 · asia.nikkei.com
Singapore's PrimeMovers, partner, take stake in Malaysia's EngTek