Permira is looking to take its recent acquisition, Hong Kong-based Tricor, and bolt on more purchases in the highly-fragmented business services industry in the region, executives at the private equity firm told FinanceAsia.
“It is still a very fragmented market both in Asia and beyond, and we think there is an opportunity to build the business through MA,” said Robin Bell-Jones, a partner at Permira in Hong Kong during an interview.
This would not be alien to Tricor’s corporate culture as the firm was created through a series of spinouts from the Big Four accounting firms.
Permira bid for TMF...
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