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
Chairman, Services & Sustainability

Jakub Widzyk
Managing Director

raised US$100m in growth capital from

and

2026

Rakus agreed to sell

Rakus Partners to

2026

agreed to sell its Gas Solutions business to


2025

received investment from PATRIZIA and Mitsui (APAC Sustainable Infrastructure Fund)


2025

acquired 100% stake in

from

2024

acquired 75% stake in


2024

sold minority stake in

to

2024

a portfolio company of

has been acquired by

2024

divested Oriental Foods and IIT Corporation to


2024

acquired 70% of


2023

divested Vac-Tech Engineering to


2023

has been acquired by


2022

Doosan Enpure a subsidiary of

has been acquired by

2022

a portfolio company of

has acquired

2022

divested minority stake in

to

2022

divested Doosan Babcock Limited to


2022

Honour Lane Shipping has been acquired by


2022

a portfolio company of

has been acquired by

2022

raised US$50m in Series B capital and formed a strategic partnership with

2022

a portfolio company of

has been acquired by

2022

divested stake in

to

2021

a portfolio company of

divested 100% to

2021

a portfolio company of

divested 100% to

2021

divested

2021

divested

to

2020

acquired

EMC Holdings from

2020

has been acquired by


2018

Xinbang Logistics a portfolio company

has been acquired equity stake by

2016

divested Kolon Water & Energy


2016

acquired Barclay Vouchers in Japan
2012






















