Processing timeline
10
days
Acquirer(s)
Achronite Bidco Ltd
Target(s) or Vendor(s)
Acclime Holdings HK Limited BRN - 70084973, Acclime Holdings Limited BRN - 70084973
Other parties
Warburg Pincus LLC
Private equity firm Warburg Pincus, through Achronite Bidco Limited, is acquiring 80-100% of the issued share capital of Acclime Holdings HK Limited. Acclime provides corporate and business services, including accounting and tax solutions, across Asia Pacific and Australia. This is a share sale.
Achronite Bidco Limited, a special purpose vehicle owned and controlled by funds managed or advised by Warburg Pincus LLC ( Warburg Pincus ) and its affiliates, is proposing to acquire 80-100% of the issued share capital of Acclime Holdings HK Limited ( Acclime ). Warburg Pincus is a private equity firm headquartered in New York, USA. Warburg Pincus has more than $85 billion in assets under management, and more than 215 companies in their active portfolio, diversified across stages, sectors, and geographies. In Australia, Warburg Pincus’ portfolio companies are primarily active in software and financial sectors. Acclime is a corporate and business services firm headquartered in Hong Kong. Acclime provides a comprehensive range of professional services and business advisory services, including integrated corporate services, fund services, accounting, tax, and advisory solutions across Asia Pacific (including Australia) and the Middle East. In Australia, Acclime provides corporation formation and structure, accounting, tax, HR and advisory services.