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Encore Professional Services acquired by the Marbury Group
5 May 2020
Marbury Group joins forces with Compass Offices through the acquisition of Encore Professional Services
Marbury and Compass Offices are pleased to announce that they have joined forces through the acquisition by Marbury of Compass Offices’ professional corporate services business, Encore Professional Services Limited, in order to expand the service offerings to Compass Offices’ clients.
Hans Leijten, CEO of Compass Offices, expressed his pleasure at the completion of the transaction by pointing out that Compass Offices’ clients will now have access to a wider range of seasoned professionals, accountants, legal professionals and payroll administration specialists: “We are delighted to now be able, in addition to our core office services business, to offer through Marbury corporate services a much broader service relating to Hong Kong, Singapore and other popular offshore jurisdictions such as Cayman Islands and BVI, amongst others, for our clients.”
The transaction combines the high quality serviced office provider business offering with Marbury’s experience at managing and administering businesses.
Duncan Smith, Chairman of Marbury Group, considered the close alignment of services and business ethic to be the core benefits to the transaction. “Our values and principles are closely matched and while Marbury’s resources will strengthen certain services offered by Encore, Encore also brings a new dimension in areas in which they are professionally regarded. Going forward we look forward to continuing to work closely with Compass Offices and their clients.”
Compass Offices is dedicated to providing inspiring workspaces supported by professional services which enable customers to focus on what they do best. Compass Offices’ clientele includes Fortune 500 companies, growing start-ups, entrepreneurs, independent professionals and enterprise teams.
Founded in 2009, Compass Offices has grown from its first business centre in Hong Kong, to encompass close to 40 centres in 9 cities and over 17,000 satisfied clients.
Compass Offices’ workspace philosophy combines affordability, scalability, technology and choice; all within a portfolio of flexible workspaces designed to make each centre a great place to work.
The Marbury Group specialises in offering independent tailored business solutions to corporate and fund clients encompassing company secretarial and formation services, fund set-up and administration, corporate governance, payroll, HR, accounting and corporate advisory. The Marbury network spans Hong Kong, Bermuda, BVI, Cayman Islands, London, Singapore as well as other offshore jurisdictions.
