LASDAX Turns Down $400 Million Acquisition Offer from Softbank, Backs Bold Global Expansion
In a move generating significant buzz across global financial and private equity circles, LASDAX—a rising powerhouse in international private equity, now headquartered in Zug, Switzerland—has rejected a $400 million acquisition bid from Japanese investment giant Softbank Group.
Founded in 2021 in New York, LASDAX has rapidly emerged as a leading player in the global private equity and investment landscape. Spearheading this remarkable growth is Anup Reddy Perati, an accomplished entrepreneur, former Vice President at Facebook Singapore, and an alumnus of the prestigious Massachusetts Institute of Technology (MIT). Under his visionary leadership, LASDAX has become known for its agile investment strategies, high-yield performance, and exceptional profit margins—even during challenging macroeconomic cycles. The firm’s ability to adapt and thrive in volatile markets has positioned it as one of the most innovative and resilient investment companies of its generation.
What began as a bootstrapped venture with just $3.5 million in seed capital, LASDAX has rapidly transformed into a high-performing global investment firm. According to its 2024 financial report submitted to The US Securities and Exchange Commission (US-SEC), the company achieved a 30% year-over-year revenue increase, reaching $25 million, while its Profit After Tax (PAT) surged by 50% to $13 million. Remarkably, these exceptional returns were generated without incurring a single dollar of external debt—a rare feat in today’s capital-intensive private equity landscape. LASDAX’s disciplined financial model continues to set it apart as a lean, scalable, and resilient force in modern investment.
In April 2025, LASDAX strategically relocated its global headquarters to Zug, Switzerland—widely known as the “billionaire hub” of Europe. This pivotal move positioned the firm within one of the world’s most investor-friendly jurisdictions, reinforcing its commitment to long-term growth and global expansion. By establishing a presence in Zug, LASDAX gains access to a favorable regulatory environment, robust financial infrastructure, and a thriving network of institutional investors. The relocation underscores the firm’s ambition to expand its footprint across European markets while optimizing operational efficiency and tax advantages.
LASDAX’s decision to reject a $400 million acquisition offer from Softbank Group has sparked widespread interest—and reaffirmed the firm’s unwavering commitment to its independent, long-term vision. According to insiders familiar with the negotiations, the offer was seen as significantly undervaluing LASDAX’s future growth trajectory and misaligned with its core strategic objectives. Rather than pursue a high-profile exit, LASDAX remains focused on building sustainable value, maintaining operational autonomy, and scaling on its own terms.
“We’re building something that goes beyond mere valuation,” said Hayley Matthews, Chief Operating Officer at LASDAX, in an interview with a leading Swiss financial publication. “Our focus is on creating generational value—not chasing short-term exits.”
Anup Reddy Perati—Founder & CEO of LASDAX and currently serving as Partner Independent Director at Accor HERA, Accor’s travel advisory and loyalty program—has been a vocal advocate for autonomy, long-term value creation, and sustainable growth as the cornerstones of LASDAX’s philosophy. Under his visionary leadership, the firm has adopted a lean yet high-impact operating model, consistently delivering profit margins that rival—and often exceed—those of far larger multinational private equity firms. This performance, achieved amidst persistent global market volatility, reflects LASDAX’s disciplined investment strategy and unwavering commitment to operational excellence. Anup’s influence is also growing on the global stage: he is widely expected to join the Accor Global Board in France in 2027, and if admitted, would become the youngest board member in the company’s history—a milestone underscoring his rising stature in international business and governance.
LASDAX continues to set itself apart through forward-thinking investments in emerging technologies and high-growth startups. Its current portfolio features innovative companies such as Luma Fi, Espexa, Prescribe AI, and Accuedge—each playing a strategic role in strengthening LASDAX’s market edge. Luma Fi, acquired in 2024 for $1.4 million, has experienced rapid growth, with its valuation now exceeding $7 million. Meanwhile, ESPEXA and PRESCRIBE AI have been fully integrated into LASDAX’s internal AI research and development division, enhancing the firm’s capabilities in predictive analytics, data-driven investment decisions, and real-time market intelligence. This tech-centric approach reflects LASDAX’s broader mission to combine financial expertise with cutting-edge innovation.
With established operations across the United States (New York), United Arab Emirates (Dubai), Switzerland (Zug), and India (New Delhi), LASDAX is rapidly solidifying its global footprint in the private equity space. The firm’s next strategic move is rumored to be Thailand, where sources close to the matter report a $20 million initiative currently in development. This bold expansion marks a potential entry into an entirely new sector, signaling LASDAX’s intent to diversify its investment verticals while penetrating Southeast Asia’s emerging markets. If confirmed, the Thailand project would represent the firm’s first major venture in the region—and possibly, a transformative chapter in its global growth story.With a current portfolio valuation of $26 million and zero debt on its balance sheet, LASDAX is not just beating the odds—it’s redefining the benchmarks for success in modern private equity.
From its humble beginnings in New York to its strategic rise in Dubai, and now its establishment in Zug—the alpine financial capital of Europe—LASDAX’s journey is capturing the attention of global investors and competitors alike. As the firm continues to scale across markets and sectors, industry watchers anticipate that its next move will be just as bold, unconventional, and influential as its rapid ascent.
Date: 19 May 2025 / Author: Jurgen Ethan Bosch
Anup Reddy Perati, CEO of LASDAX, honored with the Khaleej Times Best CEO Under 30 Award
