Acclime announces acquisition of Jai Financial
Acclime, a premier corporate services provider in Asia, has announced the acquisition of Jai Financial (JaiFin) in Singapore.
With this, Acclime’s presence in Singapore grows to a staff strength of 40 less than a year after commencing operations in the country, the firm said in a press release.
JaiFin is an advisory firm focused on delivering full outsourced business support, founded by James Ient in 2013. JaiFin’s business model, professional service standards and growing regional client base make an excellent fit to the Acclime network, said Acclime.
Following the acquisition, JaiFin will continue to work with its clients with the support of Acclime Group’s resources while contributing its specialised skill sets to the group.
Jasmine Seet, Managing Partner, will continue to be responsible for the JaiFin’s client portfolio within Acclime, and Ient will assume the role of non-executive Chairman of Acclime Singapore.
James Ient, Non-Executive Chairman, Singapore, Acclime, said: “I am pleased that we found Acclime and are so quickly leveraging from the regional breadth and professional depth of the network for our clients. I am excited by opportunities for the team to work with the fantastic growing group of motivated professionals who are changing the industry in all parts of Asia.”
Martin Crawford, Co-Founder and CEO, Acclime, said: “JaiFin is a great fit with the rest of our portfolio in Singapore. They are very complementary in terms of how they prioritise clients and their quality of work, and they serve a different niche of industry segments and geographic markets. Their experienced team provides full daily operations and transactional support to clients, including business transformation, acquisition and financing advice. The combination of JaiFin with the existing Acclime Singapore business will really drive the evolution of our service offering in Singapore.”
Asha Dixit, Managing Director, Singapore, Acclime, said: “This acquisition not only strengthens our market presence but also diversifies our client base. This presents a wonderful opportunity to learn from each other. We look forward to welcoming the newest Acclime members and continuing to grow in the Singapore market.”
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