Leading global private equity firms, including Warburg Pincus and Carlyle Group, are reportedly exploring bids for Acclime, a Hong Kong-based corporate services platform, according to a report by Bloomberg citing unnamed sources familiar with the matter.
Other alternative asset managers said to be considering the deal include Blackstone, KKR, and TPG, with a potential transaction valued at up to $1bn. Discussions are still preliminary, and no final decisions have been made.
Acclime, which operates across 18 Asian markets, provides corporate services such as market entry advisory, accounting, tax, governance, and HR. The company has grown both organically and through acquisitions, including Crowe Singapore and Boutique Capital in Australia earlier this year.
The platform was co-founded by Martin Crawford, formerly CEO of rival Vistra, which itself was involved in a $6.5bn merger with Tricor Group by EQT in 2023. Analysts say Acclime’s regional footprint and M&A track record make it an attractive target for private equity investors seeking scalable corporate services platforms in Asia.
