Gray Financial Capital to Acquire Sapporo Capital: A Strategic Merger to Reinforce Asia-Pacific Offshore Financial Services
Wisconsin Eagle/10244809

CENTRAL DISTRICT, Hong Kong - WisconsinEagle -- Strategic Alignment for Growth

Gray Financial Capital has long been a dominant player in offshore clearing for smaller brokerages and financial advisors across the Asia-Pacific region. With over $5 billion under management, the firm's acquisition of Sapporo Capital—a boutique investment firm specializing in offshore investment advisory services for high-net-worth clients in Asia with $1 billion under management—marks a significant milestone.

Leadership and Governance

Steven Tsang will continue to helm the integrated entity as its CEO. "We are thrilled to combine forces with Sapporo Capital," said Steven Tsang. "This merger allows us to expand our client base and focus on high-growth strategies, aiming for a 200% year-over-year growth in client accounts for the next three years."

More on Wisconsin Eagle

• Heritage at South Brunswick Grand Opening Success!
• $1B Target by 2027 Amid eSIM, Global Roaming Expansion; $57.6M Q1 Revenue and Market Uplisting, Advancing Toward IQSTEL, Inc. (Stock Symbol: IQST)
• LIB TH-50/TH-80 Benchtop Environmental Chamber Drives Global Demand
• Marc Soucy's Newest Music Series Approaches Its One Year Mark
• Fairmint Releases Whitepaper for Open Captable Protocol (OCP) to Advance On-Chain Equity Securities

Regulatory Approval and Transition

While some regulatory challenges are expected within the Hong Kong regulatory system, both firms are confident that the approval will be obtained swiftly. The target date for complete integration of services, technologies, and staffing is set for October 31, 2023.

Staffing and Company Culture

The merger will result in a reduction of 75% of Sapporo Capital's current staff as part of the integration process. Gray Financial Capital is committed to a smooth transition and will provide support for affected employees.

Client Relations and Contractual Obligations

All existing contracts and transactions under Sapporo Capital will be settled or transitioned to Gray Financial Capital accounts. Clients will be informed of these changes and how it will affect their portfolios.

About Gray Financial Capital

Gray Financial Capital is a Hong Kong-based offshore clearing firm with over $5 billion under management, primarily serving smaller brokerages and financial advisors in the Asia-Pacific region.

More on Wisconsin Eagle

• Lexico CEO Damani Short Honored as Entrepreneur of the Year at ITSMF Technology Leaders Awards
• Award-winning NJ Author Celebrates New Release and Multi-Author Collaboration
• Therapy 911 Launches Mental Health Social Network to Celebrate Mental Health Awareness Month
• Bosco's Beach Launches Vacation Rentals in Panama City Beach, Florida
• $7.8M Financing Boosts NRx's Expansion with Kadima Institute Acquisition for PTSD and Depression Care: NRx Pharmaceuticals, Inc. (Stock Symbol: NRXP)

For More Information click here or  Contact:

Media Relations
Gray Financial Capital
Email: media.relations@grayfinancialcapital.com
Phone: +852 800906376