Buchanan Capital has acquired a strategic minority stake in Singapore based Finquest, which has now completed its pre-Series A funding, and has recently established a presence in Hong Kong.
Finquest connects investors, advisors, and sellers through a thoughtfully designed process combining big data analytics, machine learning, and expert human curation. The high calibre team – which is distributed between offices in Singapore, Hong Kong, and Luxembourg – hails from renowned enterprises such as Boston Consulting Group, PwC, KPMG, EY, Merrill Lynch, Standard & Poors Global, Bank of China, and elsewhere. Several of the team, including co-founder and CEO, Tanguy Lesselin, are also successful serial entrepreneurs.
Finquest clients include companies seeking growth capital, entrepreneurs and business owners seeking partial, progressive, or total exits, and advisors looking for an edge to better serve their own corporate clients.
Buchanan Capital CEO, James Hughes, said, “We are confident in Finquest’s business model, and its management teams’ ability to execute. As well as the financial attractions of this investment, we believe that there is potential for some complementarity, given that we are active investors, and eventually divestors, in the financial services space.”
Tanguy Lesselin commented, “We see a strong partner in Buchanan Capital, beyond their face value as a financial investor. We expect that they will make worthwhile introductions to Finquest from their own network, and also that Finquest can assist them in identifying deals and counterparties for their private equity investment activities. It should be a mutually beneficial relationship.”