Accuracy opens an office in Singapore
Neuilly‐sur‐Seine, 7 April 2016
Accuracy opens an office in Singapore widening the international presence of the firm, following recent openings in India and Canada. This new office is managed locally by David Thornes and Jonathan Ellis, who are putting together a team of nearly ten people, and is closely related to the Delhi office, and in particular with Chaitanya Arora, a partner in the Delhi office, who is a Singaporean citizen.
With its opening in Singapore, the main business center of Southeast Asia, Accuracy will be able to service the region from this business hub. The opening is a natural evolution for Accuracy, with synergies with both the London and Delhi offices and many interactions between Europe, North America and Asia. Clients of the various Accuracy offices (notably international listed companies) are very active in this region and, as such, there is a requirement for locally based support. Furthermore, Singapore is the hub of international arbitration in Asia – a field which constitutes one of the main axes of Accuracy’s development, where they are one of the world leaders in terms of independent expertise in matters relating to M&A transactions, investments or construction projects.
Following the strategy that saw Accuracy successfully open a number of foreign offices (eight in Europe and now three outside of Europe since its foundation in 2004), the Singapore team will first focus on supporting its international clients and providing independent expertise in arbitration cases, before gradually expanding its offering to include all of Accuracy’s services. As is the case for all Accuracy’s international offices, the Singapore team will work in a fully integrated manner with other offices, particularly the offices in Delhi and London, while benefiting from the expertise of its 300 employees and conforming to the ‘one firm’ culture, a founding value of Accuracy which guarantees a consistent quality of service.
Frédéric Duponchel, Accuracy CEO, said: "The development of Accuracy in Singapore is a milestone for our firm, it is a long thought out project that allows us to position ourselves in a strategic market in our business. On behalf of the Accuracy partners, I express our confidence in David Thornes and Jonathan Ellis, who will lead this project, notably with the support and contribution of our office in Delhi."
About Accuracy Accuracy is the sole, truly independent European actor in the field of financial advisory services to business leaders and their shareholders, wholly owned by its partners. Accuracy is present in ten countries in Europe, North America and Asia, and delivers its services worldwide. Accuracy is comprised today of 300 consultants across all of its offices, in which 36 are partners. Its offices are located in Paris, Madrid, Amsterdam, Milan, Frankfurt, Brussels, London, Munich, Quebec, Montreal, New Delhi and Singapore.
We boast a full range of skills in the economic, financial and accounting fields, and combine these skills to reach a single goal: to give sense to figures by analysing them, questioning them, verifying their reliability and providing recommendations to facilitate effective decision‐making.
Accuracy combines extensive know‐how in areas such as audit techniques, valuations, financial modelling, financial forecasting and market analyses. This aids our clients in dealing with a wide‐range of situations including acquisitions, disposals, companies in difficulty, restructuring, litigation and disputes.
Press contacts
Fadia Benamar – Tel: +33 1 58 75 75 15, [email protected] Jonathan Ellis – Tel: +65 9178 2390, [email protected] David Thornes – Tel: + 65 9178 2114, [email protected]