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Walkers advise Ascentium on the acquisition of Virtuzone

Feb 5, 2025

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Walkers (Dubai) as BVI counsel, has assisted lead counsel, Clifford Chance LLP, in advising Ascentium, a leading global business services platform headquartered in Singapore, on its acquisition of Virtuzone, the UAE’s leading and award-winning provider of company formation solutions, corporate services, and tax consultancy.

The acquisition ushers Ascentium into the Middle East, an emerging market whose GDP is expected to grow at 3.8% in 2025 and serves as a strategic move as Ascentium seeks to expand its global footprint.

Walkers' transaction team was led by Tom Cochrane (Partner, Corporate & Funds, UAE) with support from Reghard Smith (Senior Counsel, Corporate & Funds, UAE) and Akeem Robinson (Associate, Corporate & Funds, UAE).

Corporate, Mergers & AcquisitionsDubai

Media Contact

Shana Ray

Head of Business Development - Asia and Middle East

T/+852 2596 3302
M/+852 9030 6084
E/Email Shana Ray

Key Contacts

Get in touch with our team

Tom Cochrane
Tom Cochrane

Tom Cochrane

Partner

Dubai

T

+971 4 363 7913

M

+971 50 653 5977

E

Email Tom Cochrane
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Reghard Smith
Reghard Smith

Reghard Smith

Senior Counsel

Dubai

T

+971 4 363 7931

M

+971 50 684 5516

E

Email Reghard Smith
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Akeem Robinson
Akeem Robinson

Akeem Robinson

Associate

Dubai

T

+1 284 852 2225

E

Email Akeem Robinson
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