Target Identification & Due Diligence
Systematic sourcing and evaluation of high-growth technology companies across Southeast Asia for SPAC business combinations.
Target Identification and Due Diligence
Aetherium maintains a disciplined, thesis-driven approach to identifying and evaluating acquisition targets across Southeast Asia’s technology ecosystem. Our on-the-ground networks and proprietary deal flow enable us to access opportunities before they reach the broader market.
Target Sourcing
- Sector Focus: Enterprise SaaS, fintech, e-commerce infrastructure, and deep tech companies with proven product-market fit.
- Geographic Coverage: Singapore, Indonesia, Vietnam, Thailand, the Philippines, and Malaysia.
- Network Access: Relationships with leading venture capital firms, sovereign wealth funds, and family offices across the ASEAN region.
- Proprietary Pipeline: A continuously updated database of over two hundred potential targets meeting our investment criteria.
Due Diligence Framework
Financial Analysis Comprehensive review of historical financials, revenue quality, unit economics, and forward projections validated by independent auditors.
Legal and Regulatory Review Assessment of corporate structure, intellectual property portfolio, regulatory compliance, and cross-border transaction considerations.
Technology Assessment Evaluation of product architecture, scalability, competitive moat, and technology team capabilities through independent technical advisors.
Market Positioning Analysis of total addressable market, competitive landscape, customer concentration, and growth trajectory within the Southeast Asian context.
Valuation and Structuring
Fair Market Valuation Engagement of independent valuation firms to establish enterprise value supported by comparable transactions and discounted cash flow analysis.
Deal Structuring Design of transaction mechanics including earnout provisions, seller rollover equity, and PIPE financing to align incentives across all parties.
Fairness Opinions Procurement of independent fairness opinions to support board recommendation and shareholder approval.