Solidiance buys China-based management consultancy Technomic Asia
Asian management consultancy Solidiance has acquired Technomic Asia, a China-based management and M&A advisory firm. As part of the company’s expansion, Solidiance adds around 20 consultants and associates to its ranks and expands its Chinese operations with a third hub. The move provides a combined entity of two leading Asian consultancies in delivering growth strategy advisory with stronger presence in the Chinese market – key for the attractiveness of its service portfolio towards multinational clients which typically demand larger on-the-ground resourcing. The joining of forces in addition bolsters the firm’s industry experience, covering virtually every major market sector, which will ultimately lead to a greater capability in advancing client company value.