Services
Services account for a majority of Asian GDP – and this share is rising. The Asian Services sector has entered a stage of rapid growth, fuelled by increasing cross-border consolidation and technological innovation and connectivity. Many trends have been significantly accelerated by the impact of Covid-19, such as remote delivery and digitisation.
Within the Services space, we focus on the four subsectors of Business Services, Commercial Services, Transportation & Logistics and Infrastructure+.
We understand the drivers and challenges of these global industries from our vantage point in Asia and we have assembled a dedicated team with strong sector expertise and a wide network of contacts in order to provide our clients with targeted advice and insights. This has allowed us to work on a variety of notable transactions such as those listed below.

Mark Webster
Partner, Head of Singapore
Divested minority stake in In Do Trans Logistics to Mitsubishi Logistics
2022
Divested Doosan Babcock Limited to Altrad
2022
Divested Honour Lane Shipping to Nexus Point
2022
Divested TES to SK ecoplant
2022
Acquired NEC Energy Solutions from NEC Corporation
2022
Raised US$50m in Series B capital and formed a strategic partnership with ANZ
2022
Divested ELEVATE to LRQA
2022
Divested stake in Al Dur Power & Water to Kyushu Electric
2021
Divested 100% to EagleTree Capital
2021
Divested 100% to by Escalent
2021
Divested Hyosung Capital to ST Leaders Private Equity
2020
Acquired EMC Holdings from Affirma Capital
2020
Acquired by The Blackstone Group
2018
Divested equity stake in Xinbang Logistics to HCT Logistics
2016
Divested Kolon Water & Energy to SCPE
2016
Divested Yuanyu Radio Advertising to Management / Orient Securities
2015
Acquired Barclay Vouchers in Japan
2012
Acquired majority stake of Realys Group in China
2011
Acquired Lablndia distribution business in India
2010
Divested HCL Asia to the DKSH Group
2010
Divested Phillipines-based subsidiary, Fedders Koppel Inc to KPL Aircon, Inc
2008
Divested Cengage’s 50% stake and placement of shares Manipal Universal Learning
2007
Acquired Green Harbour business in Hong Kong and China
2007
Acquired Ascent Logistics in Singapore
2000