Qapita supports ABB with Portfolio Valuations for FY-2024 Audit

Qapita’s International Valuations team has advised Asia Business Builders (ABB), a private equity firm investing in high-growth Vietnamese SMEs, on the valuation of its portfolio as part of the fund’s FY2024 audit and financial reporting process.

This assignment marked the second consecutive year Qapita supported ABB’s portfolio valuation.

The scope included two key assets:

• A cross-border logistics company offering regional freight and trucking services across Southeast Asia.
• A multi-sector platform company operating Vietnam’s first closed-loop asset management ecosystem, with integrated businesses across industrial cleaning, facility management, smart parking, security systems, and digital transformation.

A multi-sector platform company operating Vietnam’s first closed-loop asset management ecosystem, with integrated businesses across industrial cleaning, facility management, smart parking, security systems, and digital transformation.

Given the interconnected nature of the platform company’s operations, Qapita applied a consolidated DCF approach, reflecting interdependencies and cross-business synergies. Public market comparables were used to benchmark and validate assumptions.

The Qapita team handled the project end-to-end – from financial analysis and management discussions through to auditor engagement – delivering ahead of schedule and enabling ABB to close its fund statements on time.

Fred Ng, Executive Director at ABBPE Capital Management, commented:

“Qapita’s support was instrumental during our audit. They understood the nuances of our portfolio and worked closely with us and our auditors to ensure a smooth process.”

Evelyn Tay, International Valuations Practice Lead at Qapita, said:

“This engagement highlights our ability to deliver audit-ready, investor-grade valuations in complex, multi-entity environments. We’re pleased to partner with ABB as they continue to back the next generation of Vietnamese businesses.”

This engagement underscores Qapita’s growing capability in fund valuations across Southeast Asia, and its position as a trusted valuation partner for private equity and venture capital firms operating in the region.