The Hong Kong arm of Capricorn Capital Partners UK Ltd. purchased a 67% majority stake in Asia-Pacific Accounting & Secretarial Services Ltd., or A-Pass.
The firm made strategic hires to strengthen A-Pass, while Andrew Burgin will keep his role as managing director of the business.
The transaction marks the first acquisition in Asia for Capricorn Capital Partners HK Ltd.
A-Pass provides corporate formation, secretarial, accounting, taxation reporting, trade and payroll services in Hong Kong.
