Ocorian, the specialist global provider of services to financial institutions, asset managers, corporate and high net-worth individuals, has completed the acquisition of corporate services provider A-Pass in Asia. A-Pass has now rebranded and become part of Ocorian.
Ocorian’s global network of Funds, Capital Markets, Corporate and Private Client specialists deliver tailored entity administration, fiduciary and compliance services. This acquisition adds scale to Ocorian’s existing business in Asia creating a combined business with the ability to serve a broader range of clients’ requirements.
Established in Hong Kong in 2006, A-Pass is a leading corporate services provider with a range of clients from large publicly listed companies to fast-growing start-ups and high net worth individuals. The 15+ strong team provides company secretarial, accounting, payroll, trust and tax services to its clients as well as supporting them on company formations.
Chantal Free, CEO at Ocorian, said: “This strategic move has strengthened our business in Hong Kong and Singapore and demonstrates our commitment to serve our clients across different continents. I am very pleased to have a strong management team in Asia and am looking forward to working with them to identify new opportunities to support our clients.”
Andrew Burgin, Managing Director at Ocorian in Hong Kong added: “Becoming part of Ocorian means we are able provide a wider range of services to our clients, especially those that use services outside of Hong Kong and Singapore. We are extremely excited by the combination with Ocorian which we believe will be beneficial for all parties involved.”
Robin Harris, Regional Head of APAC continued: “I look forward to heading the newly expanded Ocorian business in Asia Pacific and driving growth across the region. I am excited by the opportunities that the combination creates for our clients and colleagues.”
In an all-share transaction, Ocorian acquired A-Pass from Capricorn Capital Partners HK Limited, the Hong Kong arm of the family-owned global direct private investment business, Capricorn Capital Group. Ocorian’s acquisition of A-Pass is part of a wider investment in Asia Pacific region and reflects the continued commitment to clients and colleagues in the region.