Hawksford Group acquires corporate services business in Singapore
Contributed by Hawksford
07 March, 2014
Hawksford Group is expanding through the acquisition of Singapore based business, Janus Corporate Solutions.
Established in 2009, Janus is a successful corporate services business in Singapore, providing company secretarial, accountancy, business support and immigration services. The business has over 1,500 clients and has experienced revenue growth of 30% year on year, which is set to continue.
Janus has 40 employees and will continue to be run by chief operating officer, Jacqueline Low, supported by her team in Singapore and the Hawksford management team. The original founders of Janus, Amardeep Misha and Pardeep Boparai, will leave the business after a short transition period.
The acquisition of Janus has a significant impact for Hawksford. We are committed to offering our clients the highest quality services in the locations they choose; this client service philosophy underpins our decision to expand into Singapore, said Maxine Rawlins, chief executive officer, Hawksford. We searched long and hard for a high quality business in Asia that would complement our existing service offering, and we are delighted to welcome the Janus team to the Hawksford Group.
Founders Amardeep Misha and Pardeep Boparai commented: It has been very gratifying to see Janus transform into an international business in just four years. We have worked extensively with Hawksford on this acquisition and we feel that there is a great fit between the companies and a tremendous opportunity for continued growth. We believe that Januss employees and customers will both benefit and have a very exciting future ahead.
Jacqueline Low, Januss chief operating officer, added: I am excited about the acquisition and am looking forward to being part of the Hawksford team.
Since its management buyout in October 2008, the Hawksford Group has gone from strength-to-strength and has maintained a firm commitment to continually improving its service offering. The company recently appointed a new CEO, Maxine Rawlins, who was previously a partner at Ernst & Young. Prior to Ernst & Young, Maxine Rawlins led a team who successfully grew Maples Finance into a multi-jurisdiction fiduciary services business.
In the last three years Hawksford has completed the acquisitions of Key Trust and Trustcorp Jersey Limited in Jersey and has established a presence in Switzerland and the Middle East.
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