Deal Announcements
February 03 2026

DFDL Vietnam advised FountainVest Partners on its investment in SML Group

We are delighted to announce that DFDL Vietnam has successfully acted as local legal and tax adviser to FountainVest Partners, one of the largest private equity funds in Asia in connection with its landmark investment into SML Group, a global leader in RFID technology and brand identification solutions.

This strategic investment marks a significant milestone for SML Group, enabling the company to accelerate its next phase of global growth and innovation in retail technology. It also reflects the strong confidence in SMLโ€™s long-term trajectory and ongoing transformation within brand identification and digital intelligence.

The Vietnam legal assistance to FountainVest Partners on this transaction was delivered by the DFDL legal and tax team, while Goodwin Procter LLP acted as FountainVest Partnersโ€™s lead legal counsel. Partner Jerome Buzenet and Senior Legal Adviser Tu Can led the DFDL legal team, supported by ๐”๐ฒ๐ž๐ง ๐‹๐ž, ๐๐ ๐š๐ง ๐“๐ซ๐š๐ง, ๐”๐ฒ๐ž๐ง ๐๐ ๐ฎ๐ฒ๐ž๐ง, ๐‡๐ฎ๐ฒ๐ž๐ง ๐•๐ฎ, ๐‡๐š๐ง๐  ๐๐ ๐ฎ๐ฒ๐ž๐ง, and ๐๐ฎ๐š๐ง ๐ƒ๐จ๐š๐ง. Regional Managing Partner and Head of Regional Tax Jack Sheehan and Tax Director Lan Hua led the DFDL tax team, supported by ๐ƒ๐š๐ข ๐‹๐ž.

Congratulations to SML Group, FountainVest Partners, and CPE on this successful partnership. We look forward to seeing the continued growth and innovation that this collaboration will bring to the industry.

For more news on this: https://www.prnewswire.com/apac/news-releases/sml-group-welcomes-new-investors-to-accelerate-next-phase-of-global-growth-302602333.html