Latham Advises Acclime Holdings Limited on Investment by Warburg Pincus

Latham & Watkins has advised Acclime Holdings Limited and its shareholders on the sale of the Acclime Group of companies, a pan-Asian corporate services business headquartered in Hong Kong, to funds controlled by Warburg Pincus.  The transaction, signed on December 17, 2025, remains subject to regulatory approvals and is expected to close early in Q2 2026.  The Acclime management team will invest a significant proportion of their proceeds from the transaction alongside Warburg Pincus in the next phase of the group’s growth.

Simon Cooke, Hong Kong partner and Regional Chair of Latham’s Corporate Department in Asia, commented, “The transaction was the outcome of a competitive auction for the group, which is a testimony to the buy and build strategy which Acclime’s founders, Martin Crawford and Debby Davidson, employed in building the Acclime platform since its inception in 2019.  It is also further evidence of the attractiveness of this sector to global private equity sponsors.”

The Latham team was led by Hong Kong corporate partner Simon Cooke, with Singapore associate Elisabeth Ong and Hong Kong associates I-Ming Tan and Gladys Ma. Advice was provided on tax matters by London partner Helen Lethaby and associate Sam Duncan; on finance matters by Hong Kong partner Andrew Bishop and counsel Lynsey Edgar, with associates Andrea Chin, Harim (Irene) Lee, Shirley Zhang, and Rebecca Han; on antitrust matters by Brussels partner Tomas Nilsson, with counsel Yanyan Yang and Beijing associate Yan Bao; on regulatory matters by Hong Kong partner Simon Hawkins and associate Adrian Fong; and on DTT matters by Hong Kong partner Rhys McWhirter, with Tokyo associates Ben Han and Alex Park, Hong Kong associate Aster Lin, and Singapore associate Zhaochen (Zoe) Wang.