PwC is pleased to announce that it has acted as the exclusive financial advisor to the shareholders of Links International (“Links”) on its sale to Ascentium.
Links’ best-of-breed technology platform, multi-country Asia-Pacific (APAC) coverage, and comprehensive in-country support will enhance the user experience for Ascentium’s clients across the region while opening up access to a broader suite of corporate services for Links’ existing payroll and employment services client base.
Ascentium is a leading global business services platform dedicated to helping businesses scale greater heights. Headquartered in Singapore, Ascentium empowers extraordinary growth through specialised expertise across secretarial, finance, payroll, HR administration, family office, fund administration, GRC, and cross-border & FDI specialist services. The team of 1,600 professionals spans 10 markets in the Asia-Pacific region and the Middle East, serving over 30,000 active clients across diverse industries. Through innovative, technology-enabled solutions and collaborative approach, Ascentium drives transformative growth, helping clients navigate complex global environments.
Links International is a premier multi-country payroll and Employer of Record provider in APAC. Rated as a ‘Star Performer’ by Everest Group and voted Asia’s Best HR Outsourcing Partner for 10 consecutive years, Links International is recognised as the region’s leading HR service provider, delivering 100% in-country services across 20+ territories.
PwC Corporate Finance working with an integrated team across Hong Kong, the UK, and the US, advised Links on the transaction. The PwC team provided full sell-side advisory services, coordinating all aspects of the deal.
Scott Thomson, MD at Links International, said:
“Working with PwC has been a great experience. They were highly diligent, provided practical advice, and were always available when we needed them. We are extremely pleased with the outcome and are delighted that they identified Ascentium as a strategic partner for Links. The combination will allow us to add rocket fuel to our future growth and set us up for an exciting next chapter in our story.”
Coolin Desai, Partner at PwC Corporate Finance, said:
“We are thrilled to have advised the shareholders of Links on this transaction. The acquisition will support the rapid growth trajectory of the Links business, and the team continues to create a hugely successful market-leading platform of scale in the region. It is a great example of PwC’s ability to leverage its international team to blend in-country support and deep sector expertise to deliver the best outcomes for our clients.”
Grace Wong, PwC Corporate Finance, said:
“We are delighted to have advised on the sale of Links to Ascentium and grateful for the opportunity to work with Links’ high-calibre management team. The transaction is highly synergistic for both parties. With the support of Ascentium, Links is well-positioned to continue its impressive track record. The successful outcome demonstrates PwC’s understanding of the buyer landscape and the commitment of our global network of deal advisors working together to deliver comprehensive support to our clients.”