Baker Tilly buys KLC Corporate Advisory and Recovery in Hong Kong

Baker Tilly has bolstered its presence in Hong Honk with the acquisition of KLC Corporate Advisoryand Recovery, a boutique accountancy and consultancy firm with around 40 staff.

Established in 1985, KLC Corporate Advisory and Recovery provides a range of financial advisoryservices to listed companies and mid-sized businesses across Hong Kong, as well as Greater China.

“Our services include advisory services for corporate recovery and insolvency, turnaround andcorporate restructuring; listed company assurance and due diligence; taxation; corporate finance services for IPO, mergers & acquisitions, fundraising and investment advisory; fraud investigation and dispute services such as litigation support and forensic accounting,” explained Kennic Lui, Senior Managing Director at KLC Corporate Advisory and Recovery.

Commenting on the deal, Francesca Lagerberg, CEO of Baker Tilly, said: “I am delighted to welcome KLC Corporate Advisory and Recovery to our network as we continue to ensure we have the skills inplace as we work with our clients to develop sustainable, long-term relationships that help build a bold tomorrow.”

“Their addition further bolsters our service offerings to clients across Hong Kong and the wider Asia region.”

Globally, Baker Tilly has over 700 offices in close to 150 countries. In Greater China, the accounting and consulting giant has over 5,000 staff.

Lui: “Baker Tilly believes in the power of great relationships, great conversations, and great futures. We share these beliefs and we look forward to sharing our expertise with Baker Tilly and its member firms.”