Arnold Bloch Leibler has advised Polar 993 on its sale to Acclime, a leading provider of corporate, governance, advisory and fund services across the Asia-Pacific region.
Polar 993 is a specialist financial services business, providing registry, compliance and fund administration services. The transaction will see Polar 993 join Acclime's regional platform, enhancing its ability to deliver technology-enabled services.
Arnold Bloch Leibler's transaction team was led by Corporate & M&A partner Jason van Grieken, with support from senior associate Noah Lipshut.
Jason van Grieken commented: "We are pleased to have advised Polar 993 on this important transaction. Joining Acclime provides the combined business with the scale, reach and complementary capabilities to support its continued growth, while preserving the client-focused approach that has underpinned Polar 993's success."
Polar 993's management team, led by Adam Lindell, will remain with the business and continue serving clients, while also contributing to the future growth and development of Acclime's fund services platform.