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Acclime acquires audit firm Crowe Singapore
Yahoo Financeยท 2025-10-30 08:59
Core Insights - Acclime has acquired Crowe Singapore, aiming to enhance its service offerings across the Asia Pacific and Middle East regions [1] - The merger will combine Crowe Singapore's expertise in assurance, tax, and advisory with Acclime's established presence in corporate governance, compliance, accounting, and fund administration [1][2] - The acquisition is expected to elevate client expectations through improved service delivery and integrated solutions [4] Company Strategy - The acquisition aligns with Acclime's strategy to become a full-service regional firm, expanding its capabilities and client value proposition [3][4] - Acclime has previously made similar acquisitions in Hong Kong SAR, Australia, and New Zealand to strengthen its advisory business [4][5] - The firm operates in 18 markets with a workforce exceeding 1,700 professionals, indicating significant operational scale [5] Client Impact - The merged operations will provide a consolidated suite of services to a diverse client base, including local businesses, regional companies, multinationals, funds, and family offices [2] - Crowe Singapore's managing partner emphasized the enhanced value and innovation that the merger will bring to clients [2]