Solidiance acquires Technomic Asia, Equiteq advises as financial advisor
Equiteq, the consulting sector M&A specialist, is pleased to announce that its client Solidiance, an Asia-focused management consulting firm, has acquired Technomic Asia, a Shanghai-based business strategy and M&A advisory firm with presence of over 30 years in the market. Equiteq acted as an exclusive financial adviser to Solidiance in relation to the transaction. Technomic Asia boasts a loyal client base of Fortune 1000 and mid-sized firms and is considered as one of the most reputable advisors to foreign entities seeking to do business in China. This complements the standard portfolio Solidiance has traditionally served. Together, the two firms plan on being bigger and better-positioned in delivering growth strategy advisory to leading multinational companies in China and across the rest of Asia.