i
Integrity before all else
No transaction, however handsome, is pursued at the cost of one's word.
ManvedeepSingh
Known to his associates as Manav Singh
Founder, principal and strategic adviser to enterprises in healthcare, technology and finance, from London to wider Europe and the United States.
A quiet conviction
Manvedeep Singh, known as Manav, is a London businessman who began his working life laying bricks and tiles.
The trade taught him how things are built. It could not hold him, and he turned to mergers and acquisitions. He has since worked across the United Kingdom, Europe, the United States, Canada, South Africa and parts of Arabia. His enterprises today lie in healthcare, technology and finance.
He is the founder of Kingdoms of Care, a healthcare platform, and the founding Principal of Xyra Group Holdings, which acquires technology businesses. He is a co-founder of DentLuxue Holdings, which acquires premium dental practices and groups in the United Kingdom, and of The Cyberology, a consolidation platform in British cybersecurity. He serves as Senior M&A Adviser to Queen & Capital, which consolidates accountancy, tax, law and advisory practices in the United States.
He has advised, and continues to advise, technology companies, care homes, home care providers, funeral homes, professional service firms and young ventures in several countries.
His work is the origination and assembly of transactions: finding the business, gathering the capital and the people around it, and carrying the matter through to completion. He holds a small number of positions, each with conviction, and builds institutions to outlast their founder. Being seen has never been the object.
Five core platforms, with one purpose
Mr Singh is founder, co-founder or adviser to each of the enterprises below. Each is a platform for acquisitions in its own sector, and each is governed by its own board.
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HealthcareKingdoms of Care
VisitA technology-led healthcare platform developing clinics, care homes and integrated care campuses, and acquiring established care operators.
Founder -
TechnologyXyra Group Holdings
VisitAn acquisition platform for technology businesses in e-commerce, software, digital marketing and AI-enabled services, across Europe, North America and the Middle East, governed by a board of experienced operators, bankers and advisers.
Founding Principal -
DentalDentLuxue Holdings
VisitA private investment group acquiring premium independent dental practices and groups across the United Kingdom, brought together on one clinical and operational platform while each practice keeps its own identity.
Co-Founder · Head of Mergers & Acquisitions -
CybersecurityThe Cyberology
VisitA consolidation platform acquiring and integrating British firms in cyber defence, secure data, threat intelligence and disaster recovery.
Co-Founder · Non-Executive Director -
Professional servicesQueen & Capital
VisitA private investment consortium acquiring premier accountancy, tax, law and advisory practices in the United States and consolidating them onto one AI-native operating platform.
Senior M&A Adviser -
In confidence
Private mandates
Mr Singh is also engaged on further transactions, ventures and advisory mandates which, by agreement with the parties concerned, are held in confidence and are not listed here.
Seated in London, active abroad
London is the primary seat of the work. Opportunities, capital and counterparties are drawn from the United Kingdom, Continental Europe, the Gulf and North America, and from other jurisdictions case by case.
From first approach to value created
Every transaction follows the same six stages. Each stage is closed before the next is opened, and price is set by the evidence of the stages before it.
- i
Originate
Off-market sourcing and direct approaches to owners.
- ii
Evaluate
The thesis, the model and a view of value before any offer.
- iii
Diligence
Earnings, concentration, people and liabilities tested.
- iv
Structure
Consideration, protections and the capital stack settled.
- v
Complete
Negotiation, documents and conditions to closing.
- vi
Create value
Integration, the first hundred days and add-on acquisitions.
Transaction services
Mr Singh accepts a limited number of private and strategic engagements from founders, shareholders, boards and investors, across the life of a transaction and on terms agreed in each case. He decides on two grounds: the relationship and the outcome.
He holds to two rules. The work must be a pleasure, for then the hours take care of themselves; and it must bear results, quickly.
Before the transaction
Four services
- Origination
- Sourcing acquisition and investment opportunities, frequently off-market, through direct approaches to owners and a private network of intermediaries.
- Acquisition strategy
- The buy-and-build thesis: target sectors, screening criteria, platform and add-on logic, and the order of pursuit.
- Transaction evaluation
- Business modelling and a commercial view of value, returns and downside before an offer is made.
- Readiness for sale
- Preparing owners for a disposal: normalised earnings, the data room, the equity story and the route to market.
During the transaction
Seven services
- Due diligence
- Commercial and operational review of quality of earnings, concentration, management dependence and contingent liabilities, directing the advisers retained.
- Transaction structuring
- Consideration mix, deferred and contingent consideration, vendor finance, rollover and governance rights, settled with legal and tax counsel.
- Negotiation
- Leading negotiation with vendors, investors and lenders on price, structure, exclusivity and post-completion protections.
- Purchase agreement support
- Commercial input to heads of terms and the sale and purchase agreement, alongside the client's solicitors.
- Debt advisory
- Sourcing and negotiating acquisition, development and refinancing facilities for corporate borrowers from banks and private credit.
- Introductions to capital
- Introductions to family offices and institutions, which advise and arrange as authorised or exempt persons.
- Process management
- Running the timetable from approach to completion: workstreams, advisers, conditions and the closing agenda.
After completion
Four services
- Integration and separation
- The first hundred days, carve-outs, and the controls and reporting a new owner requires.
- Value creation
- Pricing, procurement, cash conversion and add-on acquisitions, so that the entry thesis is delivered by exit.
- Board advisory
- Counsel to chairmen and boards on governance, strategy and acquisitions, and service as a non-executive director.
- Origination of people
- Identifying and introducing chairmen, non-executive directors, chief executives and finance directors.
These services are commercial in nature. Legal, audit, tax and insolvency work, and any regulated investment business, is undertaken by the client's own solicitors, accountants and authorised firms.
On the conduct of business
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Measured execution
Foresight without action is ambition. Action without deliberation is recklessness. The two must walk together.
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Purpose over prominence
The aim is to build something worthy of being seen: an enterprise that endures beyond its founder.
The measure of a man is not his title, but the trust he is worthy to keep.
Portraits
An invitation to correspond
Serious enquiries from principals, boards, intermediaries and providers of capital are welcomed. All correspondence is treated in confidence.
ms@manvedeepsingh.com- Office
- 42–44 Bishopsgate
London EC2N 4AH
United Kingdom - Correspondence to
- Manvedeep Singh
known as Manav Singh