Just a few months after expanding its footprint into India, The Vistra Group has embarked on another transaction, this time in Singapore, buying an international corporate services provider based in the city-state.
Vistra group has acquired Intro International a boutique participant in Singapore’s corporate services industry, providing corporate secretarial, accounting and tax compliance services. It has a portfolio of international clients, many of whom are trading companies from the UK and Australia looking to establish an operation in Singapore.
«This transaction not only strengthens our market presence, but the strong relationships Intro International has with various trade bodies can also help us to tap into new client base which will widen our business referrals outside Singapore,» said Chris Burton, Managing Director of Vistra Singapore.
Further Expansion
The existing management of Intro International Duncan Merrin and Yati Merrin will remain with the business for the foreseeable future, with Merrin becoming a consultant to Vistra after the transition period. Graham Harkness, currently Director at Intro International, will take up the role of Director, International Expansion Services, in Vistra Singapore, spearheading the business development effort in this area.
Ranked in the top four corporate service providers globally, Vistra Group provides a broad range of services and solutions including company formations to trust, fiduciary and fund administration services. The Group employs over 2,300 employees in 63 offices across 40 jurisdictions.
