Vistra acquires Tokyo-based accounting firm 07 October 2020Hong Kong Reporter: Maddie Saghir
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Vistra, a provider of advisory and administrative support to fund, corporate, capital market and private wealth clients, has acquired Routes Business Supports K.K., a specialist accounting firm based in Tokyo.
With this transaction, Vistra expands its global footprint and expertise by entering the Japan market to provide support to both international and Japanese clients in achieving their international aspirations.
Routes’ owner Takatoshi Takahashi will lead the business as country managing director, Vistra Japan.
The acquisition will also see Routes rebrand as Vistra.
According to Vistra’s regional managing director of Asia-Pacific Jonathon Clifton, the acquisition means Vistra can now provide in-market services to international clients looking to enter and grow within the Japanese market.
Meanwhile, Routes’ clients can access Vistra’s global network of professionals to support their global expansion aspirations.
“With Japan being the third-largest global economy and a large recipient of foreign direct investment, it was a natural evolution of our growth strategy to enter the Japan market. In addition, Japan has a strong technology sector focus and is consequently a popular destination for tech companies, aligning well with our global expertise in this sector,” commented Clifton.
Takahashi said: “We are excited about this evolution in our journey. Over the years, our clients have become more sophisticated in their business outlook and have increasingly looked to grow their business within and outside of Japan. By becoming a part of Vistra’s global network, we can now offer our clients a broader suite of services while continuing to provide them with excellent, tailored client relationship support.”
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