Local tech leader MDI enters multi-billion peso deal with Advantage Partners

IT systems integrator Micro-D International Inc. (MDI), together with its fully-owned subsidiary Novare Technologies, continues to push for digital transformation whether clients are in property, infrastructure and other industries. 

It also has industry expertise in telecommunications, financial services, public industries, and domestic conglomerates.

The company sealed a multi-billion peso investment deal with Japanese private equity (PE) firm Advantage Partners (AP), as MDI reinforces its renewed commitment to further develop the country’s digitalization efforts and make it globally competitive and recognized. 

Myla Villanueva, founder of MDI and Novare Technologies, said MDI’s partnership with the PE firm will facilitate the company’s goal to achieve its full potential as a trusted digital transformation partner for market leaders, both here and in the region. “It has always been my goal to make MDI the Philippines’ national champion in technology. 

“The partnership simply came at the most perfect time, when digital transformation became even more of an imperative for corporations to serve the evolving needs of their customers,” said Villanueva. Leading global independent investment bank, Evercore and premier international law firm, Milbank advised MDI in the deal. 

“As we enter into this milestone partnership, we are confident that this will pave the way for more expansion opportunities for MDI and introduce more innovations and digital solutions that would help the country prepare for the next future, toward a more digitized world,” Villanueva added. 

Advantage Partners LLP is a leading Private Equity investment firm in Japan, having invested in 43 companies across a range of industries.