Regen Capital Partners (“Regen”) is a Southeast Asia-focused investment fund looking to invest in a promising, highly scalable SME in Thailand. Regen is one of the earliest Search Funds focused on Southeast Asia, a region with favorable macroeconomics, demographics and an increasingly large number of SMEs in need of succession options.
Everlasting
Forward
Regen is short for “rebirth” and “generation”
– two concepts which are core to our DNA.
About
Taking your Business
to the Next Level
We design and implement tailored strategies to drive an existing business into their next phase of growth. We view this as a “rebirth” of sorts, injecting new life into the business and working hand-in-hand with entrepreneurs who we partner with.
The concept of “generations” is also one of our core values. We value the legacy of what has been built in the past and respect founders, leaders and teams that have grown businesses to where they are today. We take a long-term approach and believe I building sustainable businesses that span multiple generations.

Our
Approach
Relevant investing
and operating track record
Team and advisory board with a unique mix of operating and investing track record in Southeast Asia
Proprietary
Networks
Deep experience and networks in Southeast Asia with potential to aid with strategy, business development, market expansion and network building
Strong
Advisory board
Leading advisory board with experience to scale businesses to the next level
Foundational
Approach
Fundamental, long term focused approach in building sustainable businesses

Regen is looking to invest in companies
with the following characteristics
SMEs:
Small-to-medium sized companies with revenue of $5m-$30m with annual growth of at least 5%


Geographic Focus:
Southeast Asia with an initial focus on Thailand, Singapore and Malaysia.
Market:
Large and fast growing market with high industry fragmentation.


Characteristics:
Recognizable brand with recurring revenues.
Profitability:
Cashflow generating or cashflow breakeven (ideal EBITDA target of at least $1.5m)


Majority Purchase:
Majority stake with at least 50% shareholding
Team:
Strong and built out first and second layer management bench


Sectors:
All key sectors with a focus on B2B services (incl. technology, consumer & F&B, and healthcare)

Commitment
to business owners
Legacy Preservation
Preserve core businesses and teams that previous founders have dedicated their lives to build
Fairness
Fairness and transparency in terms of investment process and considerations
Speed
Efficient response timesand simple process
Customized
Customized offers and consideration of each company as a unique proposition
Long term
Long-term focus with significant effort in building your business to span multiple generations
Partner
Partner with existing founders and teams to ensure collaboration across all levels of the organization
Team
Matt Windsor (General Partner)
Matt Windsor is the founder of Regen Capital Partners.
Matt has over 10 years of experience in Southeast Asia.
After receiving his bachelors degree from the University of Pennsylvania, Matt began his career at the global consulting firm Bain & Company in Southeast Asia. At Bain, Matt had significant project experience in various sectors including consumer products, technology, financial services and private equity. He has experience working with a wide variety of businesses in various project scopes ranging from strategy, market expansion, digital transformation, operational excellence, cultural transformation, cost reduction and more.
Post Bain, Matt joined leading Southeast Asian Venture and Growth capital firm, Openspace Ventures. In his 6-year tenure at Openspace, Matt gained experience in all facets of investing from sourcing and deal execution, portfolio management and exits. He has experience operating and investing in all markets in Southeast Asia with a focus on Thailand, Malaysia and Singapore.


Investor
We invite you to join our esteemed investor team to drive innovation forward. Your expertise would be greatly valued as we embark on this collaborative journey.

Let’s Work Together
If you are interested in learning more about Regen please send us your contact details and we will get back to you