Tricor Group Further Strengthens Mainland China Business with Acquisition of Alphalink

Jul 2, 2019

Tricor Group (Tricor), Asia’s leading business expansion specialist providing integrated business, corporate, investor, human resources and payroll, corporate trust and debt services, today announced an agreement to acquire Alphalink (majority-owned by RSM Hong Kong partners), a diversified corporate services company that serves international enterprises in Greater China and handles global outbound business and investment for Chinese companies.


With a team of 60 experienced professionals, Alphalink’s strong business network across mainland China further cements Tricor’s position as the premier business expansion partner supporting the international expansion ambitions of mainland Chinese clients. Alphalink, which services a portfolio of over 850 clients, will enhance its existing client relationships by providing access to Tricor’s comprehensive suite of solutions and global footprint.


Alphalink has offices in Beijing, Shanghai, Shenzhen and Hong Kong SAR. Tricor’s global network covers 47 cities across 21 markets, with a strong presence in 13 of these markets in the Asia Pacific (APAC) region. The combined business will deliver expanded solutions and enhanced capabilities to clients across the Greater China region.


Lennard Yong, Group CEO of Tricor, said: “Alphalink offers a significant opportunity for Tricor to develop an even stronger presence in mainland China, which is key to our continued growth strategy in this dynamic market. With a range of high-profile clients and strategic partners, Alphalink’s network will enhance Tricor’s position and enable us to further leverage on key economic development initiatives that are shaping the APAC region like Belt and Road and Greater Bay Area.”


Wong Poh Weng, Chairman of RSM Asia Pacific said, “We are excited about the future growth opportunities Alphalink can achieve by leveraging Tricor’s strong platform in Asia. We are also delighted to also have Tricor as our strategic partner, supporting our clients making investments into Asia and from Asia going abroad.”

Selected Photos: Tricor Group Further Strengthens Mainland China Business with Acquisition of Alphalink

Photo 1

Left to Right: Management executives of Tricor Group, RSM Hong Kong and Alphalink at the ceremony to welcome Alphalink joining Tricor Group

Photo 1

Photo 2

Left to right: Joe Wan: CEO, Tricor Hong Kong; Lennard Yong: Group CEO, Tricor Group; Steven Wong, Managing Partner, RSM Hong Kong; Zhao Jun: Managing Director, Alphalink

Photo 2

Photo 3

Left to Right: Joe Wan: CEO, Tricor Hong Kong; Zhao Jun: Managing Director, Alphalink; Hailiang Zhang: Deputy CEO, Tricor China

Photo 3


Full Press Release:

English | Traditional Chinese | Simplified Chinese


 

Topics: Market Specific Content, Hong Kong SAR, Solutions, Corporate Services, Mainland China, Tricor News & Events, M&A, Announcement

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