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Acclime Acquires Money Matters, Expanding its Presence Across Six Markets in Asia

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Acclime Acquires Money Matters, Expanding its Presence Across Six Markets in Asia

CEO Insights team , Press Release

Acclime, a premier corporate services provider in Asia, completes the acquisition of Money Matters for Expats, which is a one stop shop for comprehensive accounting & administrative services in Singapore. This acquisition marks Acclime's presence across six jurisdictions across Asia, including Hong Kong, Indonesia, Malaysia, Singapore, Thailand and Vietnam, with over 200 professional staffs.

In addition to Asha Dixit, CEO & MD, and Anil Dixit, Director, the entire team of 27 professionals at Money Matters will join the Acclime family. Foulger Underwood, a specialist M&A advisers to the trust and corporate services sectors in Asia, acted as advisers to Money Matters on this transaction.

Money Matters has an excellent reputation and scored 36 out of 36 in a recent compliance audit conducted by the Accounting and Corporate Regulatory Authority. As such, this acquisition has significantly enhanced Acclaim’s capabilities in the region through Money Matters’ comprehensive range of business support

We are excited to be part of a regional network and look forward to be integrated under the Acclime umbrella



solutions, including company incorporation, corporate secretarial, accounting, tax, immigration, and payroll services. It caters to the needs of entrepreneurs & startups with its professional expertise to support multinational companies operating, or entering into Singapore.

Commenting on this acquisition, Asha avers, “We are excited to be part of a regional network and look forward to be integrated under the Acclime umbrella.” “With the Acclime network, not only do we extend our geographic reach beyond Singapore, our clients can gain access to on-the-ground experts to help them navigate other complex Asian markets,” she adjoins.

“Singapore is an important investment hub for the Asian region and perhaps more so since the recent events unfolding in Hong Kong,” asserts Martin Crawford, Co-Founder & CEO, Acclime. “The country is one of the largest recipients of FDI inflow, and the gateway to emerging and developing countries in the ASEAN region. Establishing a presence in Singapore further strengthens our footprint in the region; we are well-positioned to serve clients who have cross-border needs, especially to those difficult-to-navigate emerging markets in Asia,” he concludes.
Source : Press Release