M&A Deal Summary

Tricor Acquires Tricor Axcelasia

On February 13, 2020, Tricor acquired business services company Tricor Axcelasia

Acquisition Highlights
  • This is Tricor’s 5th transaction in the Business Services sector.
  • This is Tricor’s 2nd transaction in Malaysia.

M&A Deal Summary

Date 2020-02-13
Target Tricor Axcelasia
Sector Business Services
Buyer(s) Tricor
Deal Type Add-on Acquisition

Target

Tricor Axcelasia

Kuala Lumpur, Malaysia
Tricor Axcelasia is an integrated professional services firm delivering governance, risk & compliance (GRC) solutions, corporate, business and tax services. Tricor Axcelasia was founded in 2015 and is based in Kuala Lumpur, Malaysia.

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Buyer(S) 1

Buyer

Tricor

Hong Kong, China

Category Company
Founded 2000
Sector Business Services
DESCRIPTION

Tricor is a corporate services provider across 20 markets globally, with a strong presence in 13 markets in the APAC region. It offers a range of services across accounting and payroll for MNCs and SMEs, corporate governance and secretarial services for both listed and unlisted companies, and investor and share registry services. Tricor was founded in 2000 and is based in Hong Kong, China.


DEAL STATS #
Overall 5 of 6
Sector: Business Services M&A 5 of 6
Type: Add-on Acquisition M&A Deals 4 of 4
Country: Malaysia M&A 2 of 2
Year: 2020 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-13 Axcelasia - Malaysia Operations

Malaysia

Axcelasia, Inc. - Malaysia Operations is a provider of integrated business, corporate and investor services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-12 NZGT Holding

Auckland, New Zealand

NZGT Holding is a corporate trustee operating with its wholly-owned subsidiaries The New Zealand Guardian Trust Company Limited (Guardian Trust) and Covenant Trustee Services Limited (Covenant). It is a provider of corporate supervisory services with over NZ$250 billion in funds under supervision. NZGT Holding is based in Auckland, New Zealand.

Buy -