Suntera Global extends Asia footprint with Singapore acquisition

Suntera Global, the Jersey-headquartered independent provider of bespoke fund, corporate and private wealth services, has announced the acquisition of Singapore-headquartered fund and corporate service provider founded by Mahip Gupta.

The acquisition of this business is Suntera's eleventh acquisition since 2019 and establishes a presence for Suntera in Singapore for the first time, reflecting its multijurisdictional growth strategy and reinforcing its proposition in the Asian market. It adds further strength to its global corporate and fund services proposition, whilst augmenting its complementary support services across tax, accounting and compliance.

The Singapore business was established in 2023 and has grown rapidly to a team of 21 sector specialists. The firm provides tax compliance, tax advisory, accounting and corporate secretarial services to blue-chip corporate clients and family offices, as well as a rapidly growing investment funds client base utilising Singapore's popular Variable Capital Company (VCC) structure. The team is led by Founder and Managing Director Mahip Gupta, who will remain with the business.

Commenting on the acquisition, David Hudson, CEO of Suntera, said:

"This acquisition marks another significant milestone in our ambitious global growth strategy, in particular adding a new tier one and strategically important jurisdiction in Singapore to our network. As well as strengthening our capabilities in Asia, this acquisition also brings with it a market-leading specialist team with unique capabilities and a strong client base, spanning Singapore's VCC market as well as multinational corporates. I'm pleased to welcome our new colleagues to Suntera."

Mahip Gupta, Managing Director of the newly acquired Singapore business, added:

"Having established the business in 2023, our team has grown rapidly to support the increasingly complex needs of investment fund managers in Singapore and global blue-chip corporates, driven by a commitment to providing high-quality service and technical expertise. The team at Suntera clearly shares those same values, and becoming part of their global and growing network represents a fantastic opportunity to continue on our journey and offer clients access to a broader range of complementary multijurisdictional solutions."

Key Contacts

David Hudson

GROUP CEO

View Bio | Email David | LinkedIn

Mahip Gupta

MANAGING DIRECTOR, SINGAPORE BUSINESS

View Bio | Email Mahip | LinkedIn