Private Equity
The SME succession wave: an opening for patient family capital
11 Sept 2026
Hundreds of thousands of first-generation Vietnamese small businesses are reaching succession age. Buying at fair prices and operating well can deliver cash yields far above listed assets.
Our criteria are strict: 2 years of profit, auditable books, the former owner stays 12 months, no personal guarantees on subsidiary debt.
Tax structure is modelled before signing: hold via the holding company for CIT-exempt dividends, and choose LLC vs. JSC at the target based on the exit scenario.
Related strategies
- → Cash-Flow SME BuyoutsLong-term
- → Growth Stakes with Governance RightsMedium-term
- → Tax-Aware Ownership StructureLong-term