Strategic comms firm Sard Verbinnen & Co (SVC) has announced it has established a formal presence in Asia with the opening of a full-service office in Hong Kong.
The new office is being led by Ron Low, a longtime Silicon Valley-based SVC partner who has relocated to Hong Kong, and Rick Carew, formerly The Wall Street Journal’s Asia Finance and Deals editor based in Hong Kong, who joins the firm as a Managing Director.
George Sard, Chairman and CEO of SVC, and Paul Verbinnen, President, said: “We have been actively engaged with clients in Asia for many years and a number of them have encouraged us to establish a formal presence there. Having a senior SVC team on the ground in Asia is increasingly important to them and to our goal of providing seamless global service around the clock to help our clients solve their most complex issues. We could not be more delighted that Ron Low has relocated and that Rick Carew has joined our team to start our seventh office and second outside the United States.”
SVC is already established in Asia with large clients, including Alibaba Group, Ant Financial, Didi Chuxing, Grab, HNA Group, Nikon, Takata, SoftBank and Samsung.
The firm, which last year was ranked number one by Mergermarket in North American for M&A deal volume, also has been one of the top communications firms by transaction volume in Asia each of the last several years.
SVC confirms has worked on many of the largest and highest profile Asian cross-border assignments, ranging from transactions, corporate positioning, crisis work and litigation support. Recent assignments include HNA Group’s investments in Hilton Hotels and other cross-border investments and Alibaba’s NYSE IPO and investments in the U.S., China and Southeast Asia.
Low added: “I’m excited about this opportunity to be closer to our Asian clients and to welcome Rick to SVC. We are committed to bringing the same level of strategic advice, execution and service that clients and fellow advisors expect from our firm.”
Care said: “As a former business editor covering Asia’s most significant corporate events, I have always been impressed by the caliber of SVC’s team and recognized the need for the sophisticated services they provide in Asia. There is a growing demand in the region for communications advisors who are global in their approach and capabilities, but also possess a deep local understanding of the markets that clients are navigating.”