About us - ASIA

Foulger Underwood’s origins date back to 1980 when the business was set up as a CPA broker in the United Kingdom. Between 1980 and 1990’s the business developed its client offering into consultancy services, assisting CPA firms in the UK with strategy development, partnership mentoring as well as valuation and expert witness services.

In early 2000, Foulger Underwood started to work with a broader range of professional service firms by offering M&A and consulting services to legal practices and wealth management business in the UK and across Europe. 

In 2009 we were invited by the Accounting and Corporate Regulatory Authority of Singapore (ACRA) to travel to Singapore and present at their annual conference. ACRA was interested in how Foulger Underwood could assist professional firms in Singapore with their own M&A strategies and facilitate their evolution into regional businesses. The objective was to encourage the growth of larger professional service firms in Singapore via M&A.

In 2010 we were again invited by ACRA to present at their annual conference and following this encouraged to set up in Singapore to assist in developing the landscape of professional services. Foulger Underwood went on to establish their first Asian office in 2010.

The Singapore office has since evolved into a full service M&A consultancy, assisting CPA firms, trust and corporate service providers and family offices across the South East Asia region, develop their business through our consultancy offering, and/or execute M&A transactions.  

Following the success of the Singapore office and experiencing an increasing demand for our services in Hong Kong, we took the steps of opening a Hong Kong office in 2014 to cover North Asia.  The Hong Kong office has since developed a market leading position as the go to firm for clients in the CPA, trust and corporate services sectors seeking consulting and advisory services.

Across the group, Foulger Underwood’s clients range from smaller owner managed business through to multi-partner/shareholder MNCs.

When entering a new market you need to build out your network quickly and effectively. Foulger Underwood helped us execute this as part of a very focussed process. This put us in touch with the most appropriate clients and contacts immediately, jump starting our new venture.
— Nora Rothrock, Group MD, US Tax and Financial services