About us
Solaris is an engineering group based in Singapore. We are in the process of building an engineering platform though M&A (mergers and acquisition). We believe that the industry is ripe for consolidation. We are seeking founders in Southeast Asia who believe in our growth and value creation strategy to join us.
Rationale
Southeast Asian countries have fragmented engineering markets. While there are several established players, the majority of firms are SMEs with limited geographical reach and service diversification. This fragmentation creates inefficiencies in capacity utilization, technology investment, and project delivery.
The demand for engineering services is increasing due to energy transition to renewable energy, urban redevelopment and infrastructure investment. However, these projects are also growing in complexity, often requiring multidisciplinary expertise, advanced project management, and higher capital investments - areas in which larger, consolidated entities tend to have an advantage
Strategy
Our vision for Solaris is to become a regional leader in engineering services. We aim to achieve this by bringing together leading SME engineering businesses in different but complementary disciplines to form a united company that encourages sharing of ideas and resources and seeks collaboration opportunities or synergies which will lead to greater efficiencies.
Therefore, in order to capitalise on this advantage and capture a larger market share, we are interested in expanding our portfolio in the engineering services.
Benefits
Economies of Scale and Scope
M&A can create economies of scale that allow larger entities to lower per-unit costs, negotiate better with suppliers, and spread fixed costs across more projects.
Economies of scope are also achievable. Solaris can offer a wider range of services under one company, improving client retention and value proposition.
Increased Investment in Technology
Use of technology can significantly increase productivity, efficiency and ultimately profit margin and industry competitiveness. However, these technologies require substantial investment, very often out of reach for smaller firms. Being part of Solaris enables founders to be part of a larger platform, which can allow for resource sharing and consolidation enables pooled investment in technology adoption, driving better design, energy efficiency, and project coordination.
Improved Access to Capital
Being part of a larger platform, founders can benefit from the stronger financial position of Solaris, which improves access to bank financing and opens up private equity or public market investment opportunities. This capital can then be used to bid for larger contracts, invest in equipment, and international projects and expansion.
Talent Pooling and Workforce Optimization
Many SMEs face talent shortages in engineering and technical roles. Through Solaris, companies can pool technical expertise and improve workforce planning. They can also offer more attractive career development paths, better employee benefits, and training programs, critical for attracting and retaining talent in a tight labor market.
Join us
We are looking for founders of engineering companies in Southeast Asia to partner with us. We want to acquire your company and subsequently partner with you to continue to grow and create value. If you believe in our strategy, please send us an email and we will get in touch with you for a discussion