Ascentium, a leading global business services platform based in Singapore, announced that it has acquired Links International (Links), Asia’s leading HR Outsourcing Technology Partner. The strategic acquisition brings Ascentium’s operational presence into key markets including Japan, Macau SAR, South Korea, and Thailand.
Ascentium group aims to be the leading corporate services platform for clients and business partners operating in the Asia Pacific region. This transaction provides the platform with an expanded range of HR solutions in the Employer of Record (EOR), recruitment and unified platforms for clients operating an enterprise HR platform in 20 locations. Links International will operate as part of the Ascentium group, and Scott Thomson will lead Links and the HR solutions business for Ascentium globally. The acquisition creates an enhanced service platform that will serve more than 30,000 active clients across diverse industries, supported by a workforce of over 1,800 professionals operating from 37 cities across 14 markets.
Lennard Yong, Founding Management and Group CEO of Ascentium, stated, “Scott is a well-regarded leader in the HR solutions space in Asia Pacific. We are delighted to welcome Scott and Links International to the Ascentium group. The addition of Links International to the Ascentium group marks a pivotal moment in our expansion strategy. Their technological capabilities and regional expertise perfectly complement our vision to deliver comprehensive business solutions throughout Asia Pacific. This acquisition significantly enhances our ability to serve clients across multiple jurisdictions.”
Scott Thomson, Managing Director of Links International, shared, “Links and Ascentium is a perfect strategic fit which enables Ascentium to leverage our award-winning HR tech and services and Links to offer a one stop corporate services solution to our clients through Ascentium’s best in class corporate service offering. Becoming part of Ascentium creates immediate opportunities to introduce our services to emerging markets like India and UAE. The team and I are very excited to add Ascentium ‘rocket fuel’ to rapidly grow both Links’ market reach and our team’s careers in the Year of the Snake.”
Ascentium’s strategic decision to acquire Links International underscores the commitment to expand its platform across Asia Pacific and provide a comprehensive range of corporate services, accounting and payroll solutions.