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TradeFlow.

Acclime was TradeFlow’s Corporate Secretary when a buyer became interested in acquiring. We tell the story of making the merger happen smoothly.
  • Client industry:
    Investment management
  • Services:
    Corporate secretary, corporate governance, acquisition advisory

Introduction

TradeFlow is a Singapore-based hedge fund, conceived in 2016 as a solution for the growing trade finance gap faced by global SMEs operating as producers, traders, and end users in the bulk commodity import/export space. The fund launched in 2018 after two years of R&D on a digitised platform that would allow it to be scalable. After three years of rapid growth, TradeFlow joined Supplyme Capital in an acquisition deal which saw TradeFlow maintain its name and branding. 

Challenge

While TradeFlow’s trading platforms proved to be well-researched and extremely effective, the founders encountered significant administrative challenges early on. As a new and growing company, they operated with a lean team and faced the formidable task of managing diverse regulatory responsibilities in Singapore and beyond. To meet these challenges, they sensibly chose to outsource most of their compliance management to service providers. Unfortunately, the providers were unable to meet their rapid growth demands, which included managing complicated corporate secretarial duties requiring meticulous attention and compliance with rules.

On top of this, by 2021 TradeFlow’s founders were ready to take the platform to the next level by joining forces with a larger group firm. To achieve this objective, they began the process of M&A negotiations with the Supplyme Capital group and needed support for due diligence and other administrative tasks.

We needed an experienced and competent services provider who would not only complete the necessary tasks accurately, but who would also advise us throughout the process and guide us through the many complicated steps.

Solution

While TradeFlow’s trading platforms proved to be well-researched and extremely effective, the founders encountered significant administrative challenges early on. As a new and growing company, they operated with a lean team and faced the formidable task of managing diverse regulatory responsibilities in Singapore and beyond. To meet these challenges, they sensibly chose to outsource most of their compliance management to service providers. Unfortunately, the providers were unable to meet their rapid growth demands, which included managing complicated corporate secretarial duties requiring meticulous attention and compliance with rules.

On top of this, by 2021 TradeFlow’s founders were ready to take the platform to the next level by joining forces with a larger group firm. To achieve this objective, they began the process of M&A negotiations with the Supplyme Capital group and needed support for due diligence and other administrative tasks.

We were delighted at the quality and dedication of the Acclime team in assisting with the sale of TradeFlow and making it an entirely satisfactory experience. Full marks for the attention and flexibility to remain on top of things.

Results

TradeFlow’s acquisition by Supplyme Capital was concluded to the satisfaction of both parties. TradeFlow was especially satisfied with the quality of service provided, and they noted that having a partner with expertise in fields unfamiliar to them made them feel more at ease. They subsequently enlisted Acclime for corporate secretarial support for their affiliated companies – Tijara Pte. Ltd. and TradeFlow Capital Management Systems Pte. Ltd. They also engaged Acclime’s accounting, payroll, and tax services.

About TradeFlow

TradeFlow Capital Management is a registered fund management company regulated by the Monetary Authority of Singapore and a member of the Singapore FinTech Association. They act as the investment advisory arm of the UK-based Supplyme Capital, and their innovative trading platforms power Supplyme’s global end-to-end inventory monetisation services.