Wharf T&T Builds on Current Success and
Delivers Next Phase of Growth
MBK Partners, North Asia’s largest independent buyout firm, and TPG, a leading global alternative asset firm, have completed the acquisition of Wharf T&T Limited from The Wharf (Holdings) Limited on 9 November 2016.
Both MBK Partners and TPG have proven track records of building world-class companies as well as successfully investing in Asian telecommunications, media and technology assets. To name a few, these include Apex Logistics, China Network Systems, Gala TV, Invoice, and Universal Studios Japan for MBK Partners. For TPG, these include Avaya, Apollo Towers, Cirque Du Soleil, Lenovo, Spotify and Uber. These are some classic examples of household or professional brands that underline their credentials.
Wharf T&T benefits immediately from the visions and inspirations that the new owners add to Wharf T&T’s growth strategy. Their extensive network of strategic alliance have presented Wharf T&T with abundance of new and innovative products and services opportunities. It is without doubt that Wharf T&T, as the unique ‘Strictly Business’ operator in the market, will build on the current success and excel in our next phase of growth and development. With the support of MBK Partners and TPG, we are perfectly positioned to serve business customers with more best-of-breed ICT solutions and deliver more values to enable their businesses.
Wharf T&T is now wholly owned by highly reputable institutional investors. We are professionally managed with full autonomy given by our new owners. The acquisition marks the beginning of an exciting new chapter for Wharf T&T. In this new era, we are driven with unprecedented momentum to fast track our growth, to act boldly and innovatively in the marketplace, and to serve passionately with even higher quality standard.
Vincent Ma has assumed the position as CEO soon after the acquisition. Under the existing management and our very professional operational team, Wharf T&T will continue to build on the inheritance of excellence and be the entrusted partner addressing mission-critical needs with maximum flexibility and stability. Wharf T&T, as a team, take pride in what we have achieved and we are committed to building an even better company that our employees, our customers and our partners will all feel even more proud of.