International professional services provider Equiom has announced the acquisition of Solid Japan, a Tokyo-based corporate services business with an international client base. Solid Japan was established in 2008 and offers a comprehensive suite of services to support inbound investment into Japan. The acquisition further complements Equiom’s existing Asia presence in Singapore and Hong Kong.
Equiom’s Global CEO, Sheila Dean commented: ‘This acquisition is a tremendous achievement for Equiom as it allows us to expand into a new jurisdiction with excellent growth opportunities. We have always viewed Asia as a key market in terms of the company’s growth ambitions and as one of the strongest economies, Japan is a great place to do business. Solid Japan’s team of experts are extremely experienced in the local market with an in-depth understanding of business establishment and support processes and I am pleased to be able to welcome them to Equiom. Together our businesses share several core values, one of which is putting our clients at the heart of everything we do. By working together, we have the ability to enhance the services we offer. Furthermore, I’d like to thank our equity partners LDC for their valued support throughout this acquisition project.’
Robert Crane, Managing Director of Solid Japan added: ‘Equiom’s acquisition of Solid Japan is a positive development for our clients and our team. Japan can be an extremely challenging environment for foreign businesses and it has always been our goal to help new business start-ups and established multi-nationals overcome these challenges. With Equiom’s global footprint, we will be able to attract new business from all over the world and with the backing of Equiom’s established expertise, we have the opportunity to offer a wider range of services. For us, it will be business as usual and clients of Solid Japan will continue to receive the same personal service from our local team, but with the added benefit of access to a new range of global services under the Equiom umbrella. It’s a win-win.’
Fifteen team members from Solid Japan will join the Equiom team with immediate effect and the company will begin the process of rebranding to Equiom in April 2017.