M and A
Deals Of The Day: The Latest In Wealth Management M&A β Acclime, Philippines
The latest merger and acquisition deals in the Asia wealth management arena.
Acclime, DocSpark Solutions
Acclime, the Asian
corporate services provider, has completed its purchase of
DocSpark Solutions in the Philippines.
As a result of the deal, Acclime now covers 10 territories in Asia-Pacific, as well as client support centres in the US, the Netherlands and the UK. In all, it has 20 offices in Asia and more than 700 staff.
DocSpark Solutions is a Manila-based firm specialising in helping businesses to scale their operations, expand internationally, meet their compliance obligations, project manage complex work streams, and outsource elements of their resourcing requirements through Employer of Record services. The business is run by lawyers Johann Espiritu and Marla Luisa Aquino-Batallones, who are both joining the Acclime management team.
There will be no changes to clientsβ terms of agreements as a result of the transaction, or changes to points of contact.