Eden Exchange Acquires Dealcierge to Launch AUD 50M Platform edenX for SME M&A in Asia Pacific

Australian fintech company Eden Exchange has announced the acquisition of Dealcierge, an SC Ventures-incubated platform. This acquisition has paved the way for edenX, a new Singapore-based platform valued at AUD 50 million (US$31 million).

EdenX operates as a robust and high-caliber platform designed to support small and mid-sized mergers and acquisitions (M&A) as well as capital raising across the Asia Pacific region. The platform aims to establish itself as a leading M&A marketplace and private deal network in the region, providing efficient and streamlined solutions for its clients.

The edenX platform combines the networks, technology, intellectual property, and teams of Eden Exchange and Dealcierge to create a collaborative digital ecosystem. This platform is designed to drive market growth across Asia, Australia, New Zealand, and eventually globally. By integrating the strengths of both entities, edenX seeks to modernize the fragmented SME M&A and capital markets industry in the Asia-Pacific region.

Targeting the underserved sub-$100 million SME market, edenX aims to expand access to M&A and capital raising opportunities for business buyers and sellers. With over 97% of businesses in APAC classified as SMEs, the platform is focused on leveling the playing field and increasing cross-border capital flow. Its technology-driven approach enhances deal velocity by generating more leads and reducing transaction friction, making the process more efficient for all participants.

The platform offers unique services through its extensive international network, which includes over 120,000 vetted business buyers, sellers, and advisers. By leveraging advanced AI technologies, edenX promises tailored, seamless, and efficient dealmaking services to improve success rates for businesses, investors, and their advisers.

Dealcierge, developed under SC Ventures, the fintech investment arm of Standard Chartered, adds its strong Asian networks and regulatory proficiency to the partnership. It is licensed by the Monetary Authority of Singapore (MAS) with a Capital Markets Services Licence. Meanwhile, SC Ventures will retain its stake in the joint venture. Eden Exchange brings to the table its well-established networks in Australia and New Zealand, along with its experience in facilitating over 5,000 transactions through its DealXchange platform, which streamlines secure and efficient small business sales by connecting advisers, buyers, and sellers.

“The edenX platform is a significant step forward in addressing the long-neglected small to mid-sized M&A market. By equipping sellers with the tools and information needed to connect with serious buyers and investors, we aim to increase capital flow and support quality businesses across the region,” said Dhanush Ganglani, CEO of Pegasus Dealmaking Pte Ltd. and Co-Founder of Eden Exchange.

Alex Manson, CEO of SC Ventures, highlighted Dealcierge’s role as a technology-driven dealmaking platform focused on SMEs that often lack access to the advisory resources of large banks. “We are excited to support this collaboration as it redefines dealmaking and strengthens the vital SME ecosystem,” he said. Raghu Rajakumar, CEO and Co-Founder of Eden Exchange, emphasized that edenX will play a critical role in facilitating the transfer of A$6.5 trillion (US$4.03 trillion) in assets from Baby Boomers to the next generation, creating a much-needed tailored private deal network in the region.