August 20, 2018
InCorp Group, Singapore’s leading corporate services provider, announced today the acquisition of the non-audit business units of Ardent, an award-winning audit, outsourcing and advisory firm in Singapore. Having started up in 2008, Ardent’s non-audit business units provides solutions in
- corporate tax compliance and planning
- outsourcing solutions in accounting, payroll and financial reporting
- risk management and governance advisory
- corporate restructuring and insolvency
- business advisory, business valuation and M&A transaction support
With this expansion and addition of three Partners from Ardent, InCorp Group further solidifies its position as a leading corporate services player in the region. “Ardent is one of the largest accounting firms in Singapore and has a solid reputation in the accounting industry,” said David Lee, InCorp Group’s Chief Commercial Officer. “It is an award-winning firm and an ideal addition to our current portfolio of subsidiaries.”
“Ardent shares the same relentless dedication towards client excellence showcased by InCorp Group. By joining forces, we expand the possibilities of how we can support the business needs in the region,” said Terence Ng, co-Founder and Managing Partner at Ardent.
Terence and his co-Founding Partner, Kelvin Thio, each have more than 20 years of experience in corporate restructuring, business reviews, due diligence and acquisition deals, as well as insolvency and forensic accounting assignments. “We are excited about the possibilities in store as we join InCorp Group to become part of the Group’s regional offering,” said Kelvin Thio.
Sarjit Singh, Executive Chairman at Ardent also echoed the views of Terence and Kelvin saying, “Our extensive experience, deep industry expertise, global network and a team of dedicated and skilled staff make us stand out in a crowded market. This is what InCorp Group has recognised and we are pleased to become an integral part of their journey”. Sarjit has over 25 years of experience in assurance and advisory services, including a 16-year stint at PricewaterhouseCoopers (PwC).
Ardent is the tenth group acquisition of the InCorp Group, strengthening the Group’s commitment towards producing a diverse and multijurisdictional team that provides expert advice across the whole spectrum of corporate services and business consultancy across the emerging markets in the Asia-Pacific region.
Ardent is an independent accounting firm that provides audit, tax, accounting, business advisory, outsourcing, corporate recovery, risk and governance, and IT infrastructure and solutions to local and foreign businesses in Singapore. Established in 2008, Ardent consists of a team of qualified Chartered Accountants and over 70 other professionals who provide sound and transparent solutions to help clients make practical solutions for their business needs.
About InCorp Group
InCorp Group is the leading corporate solutions company in Singapore that delivers a one-stop-shop service for local and foreign companies looking to set up operations in Singapore. The firm provides company incorporation, corporate compliance, accounting, taxation, expansion advisory services, and a suite of other corporate services to help companies grow. We are dedicated to supporting your business all the way from its initial conception in Singapore to its corporate growth and regional expansion in the other emerging markets in Asia. Discover more at incorp.asia/blog and follow us on Twitter at @InCorpGlobal.
Let the experts in businesses and start-ups guide you
Our expertise in company formation, statutory compliance, accounting, tax, immigration, recruitment, insurance and consulting has helped thousands of companies get a headstart. Get yours today.