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.
Partner, Head of Singapore
Divested 100% stake to EagleTree Capital
Divested 100% stake to Escalent
Divested Hyosung Capital to ST Leaders Private Equity
Acquired EMC Holdings from Affirma Capital
Acquired by The Blackstone Group
Divested equity stake in Xinbang Logistics to HCT Logistics
Divested Kolon Water & Energy to SCPE
Divested Yuanyu Radio Advertising to Management / Orient Securities
Acquired Barclay Vouchers in Japan
Acquired majority stake of Realys Group in China
Acquired Lablndia distribution business in India
Divested HCL Asia to the DKSH Group
Divested Phillipines-based subsidiary, Fedders Koppel Inc to KPL Aircon, Inc
Divested Cengage’s 50% stake and placement of shares Manipal Universal Learning
Acquired Green Harbour business in Hong Kong and China
Acquired Ascent Logistics in Singapore