Who we are
SMART INVESTMENT IS CENTRAL TO EVERYTHING WE DO. OUR NEXT BUSINESS COMBINATION: EUDA HEALTH LIMITED.
8i Capital and related companies are in the business of spotting investment trends and opportunities ahead of the prevailing investment climate, packaging companies and then helping them to grow either through corporate acquisitions or listing.
Working with our team of advisors, bankers, lawyers and accountants, we have successfully closed the IPO of 8i Enterprises Acquisition Corp (NASDAQ: JFK, JFKKU, JFKKW, JFKKR) on April, 2019. We have also successfully closed our latest IPO of 8i Acquisition 2 Corp (NASDAQ: LAX, LAXXU, LAXXW, LAXXR) on November 2021. This business combination with EUDA Health Limited is expected to be completed by end of 2022.
Read MoreWe invest in companies that already have a footprint in Asia, and have the potential to scale their business across multiple countries. Candidates include companies that can take advantage of our access to capital and leverage on our collective experience, both in operations as well as in the deployment of technology.
We look for businesses that can take advantage of the underlying demographics and economics of Asia, especially those that can be enhanced with up and coming technology trends such as artificial intelligence, internet of things, encryption, and mobile internet. We see the rapid increase in the middle class and the high penetration of mobile internet in Asia as key drivers of consumer behavior in Asia, with impacts in the areas of travel, hospitality, healthy living, aged healthcare, aesthetics, and specialized real estate.
We place a high premium on the quality of the leadership of the businesses that we acquire, and value the management team that can demonstrate itscapabilities with a good financialtrack record and a sound, defensible growth plan. From the businesses that meet our criteria, we seek out those with an enterprise value/EBITDA multipleof between 6x-8x.