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Alpadis Group Eyes Further Expansion

The firm continues to grow through organic expansion and by acquisitions, it told this publication.
Alpadis Group,
which as reported last week is boosting its
Hong Kong presence, expects to expand further in the region
through a mix of organic growth and acquisitions, one of its
senior executives has told this publication.
The Switzerland-based firm, which provides multi-jurisdictional
corporate and bespoke fiduciary services, recently hired former
Julius Baer figure Samy Reeb as managing director of Alpadis
Trust (HK) Ltd. Last July, Last July Alpadis acquired
Singapore-based TAO Trust Group Pte as part of an expansion in
the Asia city-state.
“There are numerous growth markets that present opportunities for
Alpadis Group to expand further, including Hong Kong where I hope
to grow the company alongside my colleague and Managing Director
of Alpadis Secretaries (HK) Limited, Karen Leung, who has done a
fantastic job expanding the corporate side of the business,” Samy
Reeb, Managing Director of Alpadis Trust (HK) Limited, told
WealthBriefingAsia.
“We plan on growing regionally both through acquisitions and
organically. Given the broad range of services we provide and mix
of international and local firms whom we work for, we have a good
idea of the challenges and opportunities that exist for our
clients in the region and so understand the types of company that
would be a good fit for Alpadis Group,” he said. Reeb declined to
elaborate on details.
The organisation now spans Europe and Asia, with offices in
Switzerland, Malaysia, Singapore and Hong Kong. Services nclude
wealth planning and asset structuring, succession planning and
trust services, as well as mergers and acquisitions guidance.
Corporate services include incorporation and establishment of
companies, accounting and financial reporting and corporate
secretarial services among other services.
While Reeb avoided specific details, he said expansion “will
involve significant increases in staffing and
capabilities”.
“We are always on the lookout to good partners whom we can
potentially acquire or merge with, ones who have the right
cultural fit, and the local knowledge that is key to providing
value for our clients,” he continued.
Additionally, Reeb said the firm is digitising its operations to
reduce paper and waste, and also improve efficiency and speed.
“We have already equipped ourselves with digital signature
technology, allowing for the digital signing of contracts and
other documents which is very useful with overseas clients. We
are moving much of our work to the cloud, and plan on digitising
much of our HR work and client management processes,” he
said.
Family offices are an increasingly important client source. “From
a wealth planning perspective, we are seeing more demand for
family offices, especially given the fact that family governance
is becoming more complex. HNWIs and their families are often
spread across the globe, in multiple jurisdictions, and require
an expert to provide guidance, coordination and counsel and to
manage the multiple moving parts that their assets entail,” he
said.