TriVista Opens New Office in Singapore
(Dec. 18, 2015) – In recognition of the increasing importance of the Southeast Asian market to its clients and private equity partners, global management consulting firm TriVista announced today the opening of its new office in Singapore.
“Singapore is the central core of the region’s financial and banking businesses and has always been an incredibly dynamic, efficient place for business,” noted Adrian Leck, who directs the new bureau. “It’s not surprising that more and more PE funds are setting up shop here. With our new Singapore presence, we are never more than a few hours away from our clients’ footprint across Southeast Asia.”
TriVista’s new Singapore office will assist clients throughout the region in achieving Enterprise Excellence, Leck said, advising them on continuous improvement, footprint optimization, supply chain and distribution, leadership and interim management, as well as regulatory and compliance issues.
Rising acquisition costs in the United States and Europe make Singapore an attractive market for investors, Leck said. The nation – a transparent business center in terms of legislation, regulation and taxation – is attracting global businesses that utilize low-cost labor strategies. The Singapore Economic Development Board notes that the country is a booming center for emerging industries in the fields of aerospace, precision engineering, medical technology, electronics, pharmaceuticals and biotechnology, offshore engineering, as well as automotive and lifestyle products and services.
The ease of doing business in Singapore and its strong ties with both India and China make it attractive to Western businesses looking to expand into the Southeast Asian market. As a global commerce, financial and transportation hub, Singapore has been called the “easiest place to do business” by World Bank for 10 consecutive years and the most “technology-ready” nation by the Economist Intelligence Unit. The majority of Singapore’s population is bilingual, speaking both English and the national language of Malay.
Well-suited to directing TriVista’s new Singapore bureau, Leck has more than 30 years of manufacturing industry experience and is an expert at working with multinational companies in Europe, Asia and the Americas. He has led business turnarounds in both Europe and Asia, leading major restructurings, business migrations, mergers and acquisitions and has completed several, multi-year assignments for Global Fortune 500 firms in Singapore, Hong Kong, China, and the United Kingdom.
“I’m thrilled to have Adrian establishing our presence in Singapore,” said Tim Ristoff, Managing Director and CEO of TriVista. “I’ve known him personally for over 20 years and have a lot of respect for his achievements. As manufacturing continues to expand across Southeast Asia, we’re pleased to better serve our clients and their investments throughout the region.”
TriVista Singapore Office
111 Somerset Road
#07-07 TripleOne Somerset