Ascentium Acquires Links International, Expanding HR and Payroll Services across Asia Pacific

Strategic Acquisition Adds Award-Winning HR Technology andFourNew Markets to Ascentium's Portfolio

SINGAPORE,Feb. 11, 2025/PRNewswire/ -- Ascentium, a leading global business services platform headquartered inSingapore, today announced its acquisition ofLinks International (Links),Asia'sleading HR Outsourcing Technology Partner.The strategic acquisition immediately expands Ascentium's operational presence into key markets includingJapan, Macau SAR,South Korea,andThailand.

From left to right: Wendy Wang, Founding Management& Group President at Ascentium; Scott Thomas, Managing Director of Links International; Lennard Yong, Founding Management& Group CEO at Ascentium

Ascentium group aim's to be the leading corporate services platform for our clients and business partners operating in theAsia Pacificregion. This acquisition provides the platform with an expanded range of HR solutions in ‎Employer of Record (EOR), recruitment and unified platforms for clients operating an enterprise HR platform in 20 locations.  Links International will operate as part of the Ascentium group, andScott Thomsonwill be appointed to lead Links and the HR solutions business for Ascentium globally. The acquisition creates an enhanced service platform that will serve more than 30,000 active clients across diverse industries, supported by a workforce of over 1,800 professionals operating from37 cities across 14 markets.

Lennard Yong, Founding Management and Group CEO of Ascentium, stated,"Scott is a well-regarded leader in the HR solutions space in Asia Pacific.  We are delighted to welcome Scott and Links International to the Ascentium group. The addition of Links International to the Ascentium group marks a pivotal moment in our expansion strategy. Their technological capabilities and regional expertise perfectly complement our vision to deliver comprehensive business solutions throughoutAsia Pacific. This acquisition significantly enhances our ability to serve clients across multiple jurisdictions."

Ascentium's strategic decision to acquire Links International underscores the commitment to expanding its platform acrossAsia Pacificand providing a comprehensive range of corporate services, accounting and payroll solutions. This acquisition is a crucial element of Ascentium's HR and payroll services strategy, enabling better service for clients and business partners in the region. With Links'presence in15 marketssupporting over 20 locations in the APAC region, this acquisition represents a significant step in completing the diversification of Ascentium's overall business strategy. By integrating Links into the Ascentium group, there is a clear path to enhance HR services and deliver value-added solutions to businesses operating inAsia Pacific.

Scott Thomson, Managing Director of Links International, shared,"Links and Ascentium is a perfect strategic fit which enables Ascentium to leverage ouraward-winningHR tech and services and Links to offer a one stop corporate services solution to our clients through Ascentium's best in class corporate service offering. Becoming part of Ascentium creates immediate opportunities to introduce our services to emerging markets likeIndiaand UAE. The team and I are very excited to add Ascentium'rocket fuel'to rapidly grow both Links'market reach and our team's careers in the Year of the Snake."

The integration will proceed in phases, prioritising service continuity for existing clients while gradually introducing enhanced offerings. Ascentium has committed substantial resources to support Links International's technology roadmap and market expansion.

The acquisition strengthens Ascentium's position in the HR and payroll services sector. Links International's award-winning payroll technology and in-country service delivery model will be enhanced through Ascentium's resources and extensive regional network. Under Ascentium's ownership, Links International will continue to invest in innovative solutions to address the evolving needs of businesses operating acrossAsia Pacific.

About Ascentium

Ascentium is a leading global business services platform dedicated to helping businesses scale greater heights. HeadquarteredinSingapore,we empower extraordinary growth through specialised expertise across secretarial, finance, payroll, HR administration, family office, fund administration, GRC, and cross-border& FDI specialist services. Our team of 1,600 professionals spans 10 markets in theAsia-Pacificregion and theMiddle East, serving over 30,000 active clients across diverse industries. Through innovative, technology-enabled solutions and collaborative approach, Ascentium drives transformative growth, helping clients navigate complex global environments.

For more information, visit:ascentium.com

About Links International

Links International isAsia'sleading HR Outsourcing Technology Partner, providing 100% in-country service delivery, highly integrative solutions, and user-friendly Payroll tech. VotedAsia'sBest Payroll Outsourcing Partner for consecutive years, their team of 200+ Asia HR Experts provide in-country support from15 officesto 20+ locations acrossAPAC, delivering local market expert HR advice including best industry practices and final mile services.

For more information, visit:

Ascentium logo (PRNewsfoto/Ascentium)

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SOURCE Ascentium