HK’s Acclime adopts acquisition route to expand in Asia

Victoria Peak, Hong Kong. Photo by Florian Wehde on Unsplash

Asia-focused corporate services provider Acclime has made a spate of acquisitions in markets such as Hong Kong, Thailand, Indonesia and Vietnam this year, according to an announcement.

The Hong Kong-based company completed six acquisitions in Asia region, according to a statement.

Acclime acquired three businesses in Hong Kong, namely BPO Global, Macaw Corporate Services and Edtoma Corporate Services. It also acquired one company each in other countries namely Interactive Associates in Thailand, Magna Praxis in Indonesia and Domicile Corporate Services in Vietnam.

Following these transactions, Acclime has a total of 150 employees serving its clients. Acclime, led by co-founders Martin Crawford (CEO) and Debby Davidson (COO), is backed by a consortium of investors.

Going forward, Acclime plans to build a substantial presence in each key-market in Asia as it has ambition to build a comprehensive corporate services network across Asia. “We are actively seeking opportunities to expand our footprint in other emerging markets in Asia,” Davidson said.

Furthermore, Acclime plans to reinvent the corporate services sector with innovative solutions, in a market laced with complexity and sophistication.

Moreover, through foreign direct investment (FDI) and cross-border trade, Asia is ramping up its connectivity both regionally and globally.