Crewstone International and Solyco Capital Announce Partnership to Create New Investment and Acquisition Opportunities in the UK and US to Be Fueled by $165MM+ in Committed Capital
KUALA LUMPUR, MY / / May 13, 2025 / Crewstone International ("Crewstone"), a Malaysia-based private equity firm, is pleased to announce a Co-General Partnership with Solyco Capital ("Solyco"), a U.S.-based private equity group with 6 offices across the US and UK.
The investment is designed to open new US and UK investment opportunities to Crewstone's growing international network and strengthen Crewstone's position as a preeminent player in the US and UK markets.
The investment represents over $165 Million in committed capital, to be initially focused on two core initiatives:
1) Working with the newly formed Solyco UK to create or acquire an FCA-regulated financial services firm and provide access to the growing private investment market in the UK (in progress), and
2) Investment into the US via Solyco's expanding platform, including a direct investment into Solyco SPV II, which features a curated selection of more than 15 companies across high-growth sectors including Artificial Intelligence, Technology, Biotech, SportTech, HealthTech, Energy, and Logistics, with an estimated valuation of over $1.4 Billion USD1.
This partnership marks a significant milestone in Crewstone's international expansion, following the launch of its U.S. subsidiary, Crewstone Capital, in New York at the end of 2024. The alliance will not only strengthen Crewstone's U.S. footprint but also establish a foundational presence in the UK. Solyco US plans to work hand-in-hand with Crewstone US to provide not only an opportunity pipeline but also access to later stage transactions, from investment rounds to IPO.
As part of the initial phase, Crewstone will raise over USD 15 million through its network of limited partners via a dedicated fund structure, - the Solyco Capital Opportunistic Fund. The capital will be channeled into a UK-domiciled SPV to facilitate the acquisition or creation of a Regulated UK investment firm, opening the door to direct investment in a range of UK and European companies, and potentially participating in select Government Initiatives such as the venerated EIS program. Participating LPs will have the opportunity to acquire up to 10% equity in the SPV, subject to full subscription. The initiative is designed to create a scalable platform for broader expansion across the European financial services landscape.
In parallel, Crewstoneis launching a broader fundraising initiative of up to USD 150 million, beginning with an initial USD 50 million tranche dedicated to Solyco's Portfolio SPV II. This capital will be strategically deployed across transformational sectors with strong market relevance and long-term value creation. This phase of the partnership aims to position Crewstone and Solyco as leading cross-border private capital partners, unlocking high-impact investment opportunities across developed markets.
"The partnership with Solyco Capital marks a significant milestone in our expansion into the UK while reinforcing our U.S. presence and establishing a growth platform across transformative sectors. Our combined capabilities are set to deliver long-term value to both investors and stakeholders," said Dato' Izmir Mujab, CEO of Crewstone International.
"Our partnership with Crewstone is a unique and powerful fit within Solyco's global expansion strategy. Through this alliance, Crewstone's LPs will gain access to the distinctive value of our growing portfolio, while our companies will gain access to opportunities for global export," said John Garcia, Founder and Managing partner of Solyco Capital. "We were drawn to the strength and reputation of Crewstone's founders, and equally impressed by their culture of transparency, performance, and fierce dedication to protecting and serving their LPs - values that align seamlessly with our commitment to service, purpose, and impact across the assets, companies, and markets in which we invest. Together, Crewstone and Solyco Capital form a dynamic force of good, delivering a powerful combination of value creation, growth, and intentionally designed - near-and long-term liquidity - across global markets."
About Crewstone International Sdn Bhd
Crewstone International is a licensed private equity and investment management firm regulated by the Securities Commission Malaysia (License No. VCPE/0099/2023). Managing over USD 1 billion in assets, Crewstone specializes in cross-border private equity, private credit, and fund strategies, with a strong emphasis on value creation for institutional and government partners. The firm has also recently expanded its presence into the United States and London, further strengthening its global market access and capital deployment capabilities.
About Solyco Capital
Solyco is a vertically integrated Capital Group, combining Venture Capital, Private Equity and Human Currency to help companies build greatness. We specialize in identifying companies who are positioned to disrupt a market, invest early and support them with a combination of capital and expertise through critical stages of their growth, in the process creating uniquely structured investment opportunities for qualified LP's.
We have pioneered The Solyco Method, combining insider access to curated investment opportunities with an "our capital first" de-risking model designed to protect principle while generating outsized returns for our investors. Founded in 2017 in Detroit Michigan, today we are 40+ professionals in 6 offices across the US and London, representing over 500 years of combined expertise, and a collective history of over $40 Billion in transaction experience across multiple sectors.
Forward-Looking Statements and Legal Disclaimer
This press release contains forward-looking statements, including but not limited to statements regarding future fundraising, acquisitions, and investment performance. Forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially from those expressed or implied. Neither Crewstone International nor Solyco Capital undertakes any obligation to update or revise such statements.
This document is provided for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities in any jurisdiction. Any such offering will be made only in accordance with applicable securities laws, pursuant to confidential offering materials that will be furnished to qualified investors and will be subject to the terms and conditions therein.
1. Valuation estimates for SPV II from independent sources provided by Solyco
Contact Information
Chin Yu Investment Associatechinyu@crewstoneinternational.co
SOURCE: Crewstone International Sdn Bhd
View the original press release on ACCESS Newswire
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[220+ Pages Latest Report] According to a market research study published by Custom Market Insights, the demand analysis of Global Internet of Medical Things IoMT Market size & share revenue was valued at approximately USD 242.80 Billion in 2024 and is expected to reach USD 276.85 Billion in 2025 and is expected to reach around USD 1061.49 Billion by 2034, at a CAGR of 16.1% between 2025 and 2034. The key market players listed in the report with their sales, revenues and strategies are Boston Scientific Corporation, General Electric Company (GE Healthcare), Johnson & Johnson Services Inc., Medtronic, Koninklijke Philips N.V., Siemens Healthineers AG, Cisco, IBM, Baxter (Hill-Rom Services Inc.), BIOTRONIK, and others. Austin, TX, USA, June 05, 2025 (GLOBE NEWSWIRE) -- Custom Market Insights has published a new research report titled 'Internet of Medical Things (IoMT) Market Size, Trends, and Insights By Offering Type (General Purpose Reloadable Card, Gift Cards, Incentive/Payroll Card, Others), By Card Type (Closed Loop Prepaid Card, Open Loop Prepaid Card), By End User Industry (Retail, Healthcare, Travel and Hospitality, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2025–2034' in its research database. 'According to the latest research study, the demand of the global Internet of Medical Things IoMT Market size & share was valued at approximately USD 242.80 Billion in 2024 and is expected to reach USD 276.85 Billion in 2025 and is expected to reach a value of around USD 1061.49 Billion by 2034, at a compound annual growth rate (CAGR) of about 16.1% during the forecast period 2025 to 2034.' Click Here to Access a Free Sample Report of the Global Internet of Medical Things (IoMT) Market @ Internet of Medical Things IoMT Market Overview As per the industry experts at CMI, The global Internet of Medical Things (IoMT) market is growing rapidly due to increasing demand for connected healthcare and real-time monitoring. Leading players like Medtronic, GE Healthcare, Philips, Boston Scientific, and Johnson & Johnson are advancing smart devices and AI-powered diagnostics. These businesses position themselves on interoperable and secure platforms for optimized data exchange to participate effectively in healthcare value chains. Governments and healthcare systems unite with IoMT to provide chronic disease management for aging populations. Digital technology companies, in partnership with IoMT, to accelerate innovation and entry into the market. Relationships with technology (such as 5G, artificial intelligence, and edge technology) enable these products to improve and respond. As the market develops, these companies begin to target expansion outside of the national borders and employ a total digital healthcare ecosystem. Internet of Medical Things IoMT Market Growth Factors and Dynamics Increased Demand for Remote Patient Monitoring: Remote Patient Monitoring (RPM) uses connected medical devices to send health data to providers in real-time, thus allowing continuous care outside of clinical settings, thus benefitting chronic disease management and helping to support elderly care. Additionally, as Artificial Intelligence (AI) matures, the development of AI-enhanced RPM systems continues to be greatly anticipated. There are already AI-driven aspects of RPM, including the recognition of health deterioration early, personalized monitoring using federated learning, and behavior pattern identification through reinforcement learning. As these aspects matured, it offered an increased RPM capacity for health intervention, thereby improving patient outcomes. Thus, with the evolution of healthcare, RPM systems are quickly moving toward becoming in-demand and essential future healthcare technologies. It has been noted that RPM systems also reduce hospital readmissions, thus offering a cost-effective solution. Advancements in Wireless Technology: Advancements in wireless technology, such as 5G networks and low-power communication protocols have dramatically improved the functionality of Internet of Medical Things (IoMT) devices. These advancements offer faster data transmission, lower latency, and improved connectivity that make real-time monitoring and data analysis in the healthcare setting much more competent. Additionally, advancements in micro-computing and compact hardware allow for even greater innovation in the IoMT, enabling system innovations that now support timely diagnostics and remote monitoring of chronic conditions. But these advancements have also expanded the attack surface for security risks. Addressing these issues is necessary in order to protect patients and data integrity. Overall, the advancements in wireless technology are changing the way healthcare is delivered. Request a Customized Copy of the Internet of Medical Things (IoMT) Market Report @ Integration with AI and Big Data: The integration of Artificial Intelligence (AI) and Big Data analytics into Internet of Medical Things systems (IoMT) has disrupted the healthcare sector by enabling the processing of massive health datasets. Thus, it allows for predictive analytics, early detection of diseases, and highly individualized treatment plans. Likewise, AI-driven RPM systems are now able to detect early signs of patient decline, personalize monitoring through federated learning, and determine a patient's behaviors based on reinforcement learning. All of this enables years of proactive healthcare management, contributing to significant improvements in patient health. Furthermore, the system still provides a support role for healthcare providers and ultimately contributes to making healthcare better and more efficient. Report Scope Feature of the Report Details Market Size in 2025 USD 276.85 Billion Projected Market Size in 2034 USD 1061.49 Billion Market Size in 2024 USD 242.80 Billion CAGR Growth Rate 16.1% CAGR Base Year 2024 Forecast Period 2025-2034 Key Segment By Offering Type, Card Type, End User Industry and Region Report Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends Regional Scope North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America Buying Options Request tailored purchasing options to fulfil your requirements for research. (A free sample of the Internet of Medical Things IoMT report is available upon request; please contact us for more information.) Our Free Sample Report Consists of the following: Introduction, Overview, and in-depth industry analysis are all included in the 2024 updated report. The COVID-19 Pandemic Outbreak Impact Analysis is included in the package. About 220+ Pages Research Report (Including Recent Research) Provide detailed chapter-by-chapter guidance on the Request. Updated Regional Analysis with a Graphical Representation of Size, Share, and Trends for the Year 2025 Includes Tables and figures have been updated. The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis Custom Market Insights (CMI) research methodology (Please note that the sample of the Internet of Medical Things IoMT report has been modified to include the COVID-19 impact study prior to delivery.) Request a Customized Copy of the Internet of Medical Things IoMT Market Report @ Internet of Medical Things IoMT Market SWOT Analysis Strengths: The IoMT (Internet of Medical Things) market is based on the increased speed of connectivity, artificial intelligence, and sensor capabilities. The IoMT improves monitoring of patients, diagnosing, and treating; the evidence suggests improved health outcomes. Collecting and presenting data in real time helps improve clinical decisions and productivity. Adoption in existing healthcare systems (particularly in developed regions) continues to support the growth of the market. Innovation is also driven by the increased demand for remote care and wearables. Support from large healthcare providers, along with socio economic factors that support economic development, enables momentum for the IoMT. Weaknesses: The complex integration of many devices and many platforms persists as a principal issue related to IoMT. Substantial issues remain for patients and providers in terms of data security and privacy as well as cybersecurity risks. The upfront capital costs, complexity of adoption, and healthcare systems in many regions of the world (many with a lack of capital in developing regions) undermine the development of IoMT systems further. In specific instances, there may be regulatory barriers to market with IoMT devices and long periods without approval. In rural areas, internet connectivity issues may seriously inhibit the rollout of systems. The level of continuing education and digital literacy amongst staff in healthcare systems (e.g. nurses) can also inhibit the use of IoMT devices. Opportunities: The continued rollout of telemedicine services (e.g., telehealth) constitutes a significant opportunity for IoMT integration. The need for IoMT solutions is exacerbated by our aging population and chronic diseases, while there is the potential for investment in healthcare systems, particularly in emerging economies. The integration of artificial intelligence offers a market opportunity to drive predictive analytics and personalized healthcare. Partnerships are forming between technology firms, IoMT companies, and healthcare providers, which could lead to exciting innovations in the future; additionally, new government programs focused on digital health can help accelerate this process. Threats: A cybersecurity breach could result in catastrophic breaches of sensitive health data and loss of trust in any health system. A regulated market creates dependencies and appears to be an adversarial process, especially when compliance changes occur and regulatory delays arise. Continued lack of awareness of the myriad of devices joining the IoMT market is an insidious threat that can continue to undermine its potential. Competitive pressures are tremendous, increasing price risks and limiting profit margins. Other worsening economic drivers could reduce, limit, or void budgets and capital for healthcare IT. Traditional healthcare systems tend to be slow and resistant to changes, which increasingly protracts and limits adoption. Request a Customized Copy of the Internet of Medical Things IoMT Market Report @ Key questions answered in this report: What is the size of the Internet of Medical Things (IoMT) market, and what is its expected growth rate? What are the primary driving factors that push the Internet of Medical Things (IoMT) market forward? What are the Internet of Medical Things (IoMT) Industry's top companies? What are the different categories that the Internet of Medical Things (IoMT) Market caters to? What will be the fastest-growing segment or region? In the value chain, what role do essential players play? What is the procedure for getting a free copy of the Internet of Medical Things (IoMT) market sample report and company profiles? Key Offerings: Market Share, Size & Forecast by Revenue | 2025−2034 Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by regions Competitive Landscape – Top Key Vendors and Other Prominent Vendors Buy this Premium Internet of Medical Things (IoMT) Research Report | Fast Delivery Available - [220+ Pages] @ Internet of Medical Things IoMT Market Regional Perspective The Internet of Medical Things IoMT Market can be divided across different regions such as North America, Europe, Asia-Pacific, and LAMEA. This is a cursory overview of each region: North America: The emphasis in the United States in 2024 has been to minimize cybersecurity risks associated with healthcare IoT devices, and the United States Energy and Commerce Committee raised the need to mitigate risks to patients and providers from cyberattacks on health facilities, which could disrupt the continuum of care. The United States Department of Veterans Affairs has included funding in their FY 2025 budget for IT modernization and expansion of digital health technologies to improve the delivery of care for veterans. In Canada, investments from 2023 through the nation's health plan have resulted in further expansion of digital health services and favored the use of IoMT throughout the country. Europe: The United Kingdom has capitalized on stakeholder resources to implement IoMT solutions to advance the digital transformation of its National Health Service, increasing patient care while also enhancing the effectiveness of the health system. Germany's landmark legislation, the Digital Healthcare Act, which was passed in 2020, supports the referral of digital health applications and IoMT devices. Germany now enables reimbursement for the use of digital health applications and extends their use into clinical practice too. In Spain, telemedicine services are expanding via IoMT engagement, improving remote patient monitoring. Spain's digital healthcare strategy is targeting the improvement of access and quality care in rural and underserved regions within the care context of increasing healthcare access. Asia-Pacific: In 2024, India created new projects for the use of Artificial Intelligence (AI) to work with IoMT device data to improve diagnosis and patient monitoring and increase access to healthcare and reduce inefficiencies. China continues to make huge investments in order to create smart healthcare infrastructures that include IoMT technologies as part of China's rejuvenation modernization strategy to improve patient outcomes. At the same time, Japan is piloting the use of robots with IoMT devices to enhance healthcare delivery by employing them to assist with patient care and improve hospital efficiency. LAMEA: Brazil is developing digital health policies aimed at increasing awareness of IoMT device adoption to improve healthcare delivery and accessibility across the country. Countries in the Middle East and Africa are also integrating healthcare technologies, including IoMT, to improve medical services. Fueled by government policies and growing private investments, these regions are working towards modernizing their healthcare capabilities and disparities while increasing patient care through technologies. Request a Customized Copy of the Internet of Medical Things IoMT Market Report @ (We customized your report to meet your specific research requirements. Inquire with our sales team about customizing your report.) Still, Looking for More Information? Do OR Want Data for Inclusion in magazines, case studies, research papers, or Media? Email Directly Here with Detail Information: support@ Browse the full 'Internet of Medical Things IoMT Market Size, Trends and Insights By Offering Type (General Purpose Reloadable Card, Gift Cards, Incentive/Payroll Card, Others), By Card Type (Closed Loop Prepaid Card, Open Loop Prepaid Card), By End User Industry (Retail, Healthcare, Travel and Hospitality, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2025–2034' Report at List of the prominent players in the Internet of Medical Things IoMT Market: Boston Scientific Corporation General Electric Company (GE Healthcare) Johnson & Johnson Services Inc. Medtronic Koninklijke Philips N.V. Siemens Healthineers AG Cisco IBM Baxter (Hill-Rom Services Inc.) BIOTRONIK Others Click Here to Access a Free Sample Report of the Global Internet of Medical Things IoMT Market @ Spectacular Deals Comprehensive coverage Maximum number of market tables and figures The subscription-based option is offered. Best price guarantee Free 35% or 60 hours of customization. Free post-sale service assistance. 25% discount on your next purchase. Service guarantees are available. Personalized market brief by author. 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What Developments Are Going On in That Technology? Which Trends Are Causing These Developments? Who Are the Global Key Players in This Internet of Medical Things IoMT Market? What are Their Company Profile, Product Information, and Contact Information? What Was the Global Market Status of the Internet of Medical Things IoMT Market? What Was the Capacity, Production Value, Cost and PROFIT of the Internet of Medical Things IoMT Market? What Is the Current Market Status of the Internet of Medical Things IoMT Industry? What's Market Competition in This Industry, Both Company and Country Wise? What's Market Analysis of Internet of Medical Things IoMT Market by Considering Applications and Types? What Are Projections of the Global Internet of Medical Things IoMT Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about imports and exports? What Is Internet of Medical Things IoMT Market Chain Analysis by Upstream Raw Materials and Downstream Industry? What Is the Economic Impact On Internet of Medical Things IoMT Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends? What Are Market Dynamics of Internet of Medical Things IoMT Market? What Are Challenges and Opportunities? What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Internet of Medical Things IoMT Industry? Click Here to Access a Free Sample Report of the Global Internet of Medical Things IoMT Market @ Reasons to Purchase Internet of Medical Things IoMT Market Report Internet of Medical Things IoMT Market Report provides qualitative and quantitative analysis of the market based on segmentation involving economic and non-economic factors. Internet of Medical Things IoMT Market report outlines market value (USD) data for each segment and sub-segment. This report indicates the region and segment expected to witness the fastest growth and dominate the market. Internet of Medical Things IoMT Market Analysis by geography highlights the consumption of the product/service in the region and indicates the factors affecting the market within each region. The competitive landscape incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled. Extensive company profiles comprising company overview, company insights, product benchmarking, and SWOT analysis for the major market players. The Industry's current and future market outlook concerning recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging and developed regions. Internet of Medical Things IoMT Market Includes in-depth market analysis from various perspectives through Porter's five forces analysis and provides insight into the market through Value Chain. Reasons for the Research Report The study provides a thorough overview of the global Internet of Medical Things IoMT market. Compare your performance to that of the market as a whole. Aim to maintain competitiveness while innovations from established key players fuel market growth. Buy this Premium Internet of Medical Things IoMT Research Report | Fast Delivery Available - [220+ Pages] @ What does the report include? Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide Internet of Medical Things IoMT market analysis. The competitive environment of current and potential participants in the Internet of Medical Things IoMT market is covered in the report, as well as those companies' strategic product development ambitions. According to the component, application, and industry vertical, this study analyzes the market qualitatively and quantitatively. Additionally, the report offers comparable data for the important regions. For each segment mentioned above, actual market sizes and forecasts have been given. Who should buy this report? Participants and stakeholders worldwide Internet of Medical Things IoMT market should find this report useful. The research will be useful to all market participants in the Internet of Medical Things IoMT industry. Managers in the Internet of Medical Things IoMT sector are interested in publishing up-to-date and projected data about the worldwide Internet of Medical Things IoMT market. Governmental agencies, regulatory bodies, decision-makers, and organizations want to invest in Internet of Medical Things IoMT products' market trends. Market insights are sought for by analysts, researchers, educators, strategy managers, and government organizations to develop plans. Request a Customized Copy of the Internet of Medical Things IoMT Market Report @ About Custom Market Insights: Custom Market Insights is a market research and advisory company delivering business insights and market research reports to large, small, and medium-scale enterprises. We assist clients with strategies and business policies and regularly work towards achieving sustainable growth in their respective domains. CMI provides a one-stop solution for data collection to investment advice. The expert analysis of our company digs out essential factors that help to understand the significance and impact of market dynamics. The professional experts apply client insights on aspects such as strategies for future estimation falls, forecasting or opportunities to grow, and consumer surveys. 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EU could approve Mercosur deal by summer, agriculture chief says
By Kate Abnett BRUSSELS (Reuters) -The European Union could approve its planned trade deal with South American bloc Mercosur before summer, but it has not yet fixed a date to do so, EU agriculture commissioner Christophe Hansen told Reuters on Thursday. "It could be before summer," Hansen said in an interview. EU nations still need to approve the deal, which was finalised in December but has faced opposition from members including France, which argues that the pact would hurt European farmers who face stricter norms and regulations than their South American peers. French President Emmanuel Macron and Brazil's President Luiz Inacio Lula da Silva discussed their differences on the pact at a meeting in Paris on Thursday. Macron said the text could be improved with the insertion of mirror clauses. France has previously argued for the insertion of an emergency break clause to restrict imports if a sudden surge in imports destabilises certain EU markets. "This would indeed require that we go back to the table and reopen. I don't think that this would be helpful in this situation," Hansen said of the idea of resuming negotiations with Mercosur countries to add new safeguards to the deal. "I see from many different parts of the agriculture and food sector, they are really looking for having these new opportunities," he added.