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ALTIOS Group strengthens its services in the United Arab Emirates by acquiring Steering Advisory, a consulting firm in accounting & tax services in Dubai

Press Release – May 22nd, 2024

Strengthening presence in the UAE and the Middle East

  • ALTIOS Group announces the expansion of its activities in the United Arab Emirates and the Middle East by acquiring 100% stake Steering Advisory headquartered in Dubai. As a leading international consulting firm dedicated to international growth, ALTIOS Group pursues its expansion into the world’s largest markets and key regional hubs.

  • Steering Advisory was founded by two lawyers, Guillaume de Rocquigny and Florian Guais, in association with Nabile Sabbani. The company has currently 12 staff members and manages corporate and accounting services for more than 100 international businesses willing to expand their business in Middle East.
  • Altios Group set up an office in the UAE 4 years ago. This acquisition reinforces Altios Group’s activities in the country on a panel of services from Strategic Advisory to Operational Execution, including:
    • Market Entry & Expansion: Market research, Go-To-Market Strategy, Business Partnership & Growth
    • Global HR Solution: Recruitment, Payroll services, visa & HR advisory
    • Corporate Services: Company set-up, Domiciliation & Management of International Subsidiaries (accounting, financial reporting, payroll, compliance, tax…)
    • Crossborder Acquisition: Screening, Negotiation, Due-Diligence, Transaction, Post-Acquisition Integration
  • Steering will reinforce ALTIOS’ Set-up pillar (Corporate Services), part of the international business expansion, on a large range of services: company formation, local domiciliation, directorship, legal compliance, accounting, payroll and tax, supply chain, and distribution platform.

ALTIOS Group’s Testimonial

“ Thanks to the team from Steering Advisory joining our group, we now have greater expertise to support our clients and partners in the region. We firmly believe that the Middle East offer great potential for our clients. As well we are eager to assist Middle East ecosystem to be better connected through our global network.
Further regional expansion would be announced in the coming months. ”

Bruno Mascart,

Co-Founder & Partner

Steering Group’s Testimonials

” The combination of Steering Advisory and Altios brings together Altios’ international network and resources with Steering’s Middle Eastern knowledge and expertise. In a region with new growth areas driven by a desire to diversify the economy, Steering Advisory by Altios will thus be able, alongside the law firm Steering Legal, to assist more companies looking for a one-stop shop and local experience to support them in the regional expansion of their activities. ”

Guillaume de Rocquigny, Florian Guais,

Co-Founders & Partners

About ALTIOS: Created in 1991, Altios offers international market expansion solutions to Small and Mid-Cap companies. With 40 offices in 22 countries and nearly 750 employees, ALTIOS has supported more than 10,000 companies in their international growth to simplify foreign market entry and accelerate business growth.

Our services: Strategy, Market Development, International HR Solutions, Management of International Subsidiaries, Manufacturing Investment and External Growth.

Altios works very actively with international banks, investment funds and government agencies to support their Corporate clients internationally.

Our values: Listening, Agility, Team spirit, Entrepreneurship, Passion.

Learn more at www.altios.com, Follow us on Linkedin.

Media inquiries : Patrick Ferron, Managing Partner, Altios, p.ferron@altios.com

ALTIOS strengthens its FDI offering for Government Agencies by Acquiring Frenger Consulting Services Ltd, a Leading FDI Advisory Firm Headquartered in the UK

Press Release – November 2nd, 2023

Attracting international investment from Mid-Cap companies expanding globally to accelerate business growth in cities, regions, provinces, states and countries.

ALTIOS International (750+ people, 37 global offices in 22 countries) announces the acquisition of Frenger Consulting Services Ltd (a leading foreign direct investment advisory firm with 40 years’ experience, HQ in London) to strengthen their team of FDI experts, data analytics and networks.

Together, ALTIOS and Frenger Consulting Services Ltd will provide strong FDI expertise, corporate networks and results to Economic Development Organizations looking for new investors on a global scale.

With synergies across both organizations, the two firms will leverage their respective international footprint and in-country delivery capabilities in 22 countries, tools and teams of FDI experts, to create an integrated global FDI offer to Government Agencies, Economic Development Organizations (EDOs) and Investment Promotion Agencies (IPAs).

Your Trusted Partner for International Investment

Together, the alliance of Altios International and Frenger Consulting Services creates a leading international FDI services firm supporting Government Agencies to attract and retain international investors in different geographical locations:

/ Over 55 years of combined experience in FDI promotion for EDOs and IPAs;

/ A unique and powerful international network of over 750 professionals in 37 global offices : USA, Canada, Mexico, Brazil, UK, France, Italy, Spain, Germany, Poland & Eastern Europe, UAE, India, China, Hong-Kong, Singapore & Southeast Asia, Vietnam, Malaysia, New Zealand and Australia;

/ A local presence in the world’s key hubs: LATAM, APAC, Middle East;

/ Over 12,000 fast-growing companies worldwide supported through their international journey;

/ Over 350 international FDI missions for institutions in Europe, the Americas and Asia Pacific.

We know what it takes to succeed internationally and our clients benefit as a result

This acquisition aims to create long-term value for our corporate clients who believe that internationalization is a key asset for their growth strategy. Altios’ 12,000 corporate clients all over the world will benefit from an increased network and extended expertise for their international investment projects.

EDOs and IPAs will benefit from Frenger Consulting Services’ expertise and from Altios’ local presence in 22 countries to instantly access all major markets and boost their inward investment growth worldwide.

Altios has been supporting businesses expand internationally for 30 years, with a considerable increase in interest in our business model in the past few years” says Patrick Ferron, Co-Founding Partner of Altios International. “Altios and Frenger Consulting Services Ltd have a shared vision and our partnership enables us to take a big step towards achieving this. Our combined platform will add tremendous value to Government Agencies to gain access to our networks and customer base to facilitate international inward investment into their local ecosystem” says Patrick Ferron.

Joining Altios is a natural fit for Frenger Consulting Services Ltd. We specialize in supporting EDOs and IPAs who are looking for new investors in key growing international markets. Altios’ international presence, with local offices in Europe, the Americas and Asia Pacific expands our footprint and direct access to the corporate clientele targeted by our customers. This merger is also a key advantage for international companies assisted by Altios to facilitate their international expansion thanks to our introductions with local authorities and government agencies” say Pauline Bourcet and Marie-Laure Decotignie, Managing Partners at Frenger Consulting Services Ltd. 

About ALTIOS: Founded in 1991, ALTIOS is a leading global advisory firm focused on Small and Mid-Cap companies’ international expansion and cross-border investment. We help companies with a unique presence of 750 multi-cultural specialists in 37 global offices spanning the 22 global largest markets. ALTIOS has been supporting 12,000 ambitious companies, from global growth strategy to international business expansion, incorporation and accounting with everyday compliance administration – HR, payroll, accounting, tax … – to strategic cross-border acquisition and direct investment, acting as an international trusted partner.

We generate new revenue and streamline international operations in the world’s major growing economies.

ALTIOS works with global companies, investment funds, banks, trade associations and government agencies.

Our values: Listening, Team Spirit, Agility, Passion, Entrepreneurship

Contact: www.altios.com, Linkedin

Press contact: Patrick Ferron, Co-Founding Partner, p.ferron@altios.com

About Frenger Consulting Services Ltd: Founded in 1983, Frenger Consulting Services Ltd is a leading international FDI advisory firm providing services to Economic Development Organizations and Investment Promotion Agencies looking to attract international investors into their territory. Headquartered in London, we provide FDI lead generation services to agencies from Europe, the Americas and Asia. Our strengths are our team of experts, our proprietary CRM with more than 130,000 companies researched on the basis of their international growth potential. We act as an extension of our clients’ team on the ground.

Contact: www.frenger.com, Tel: +44 208 202 4111

Press contact: Pauline Bourcet, Managing Partner, pbourcet@frenger.com

Altios, in partnership with Crédit Agricole, is organizing a webinar and individual meetings for Polish companies interested in the Indian market.

August 2021

For many years, India has been perceived as one of the most promising global markets – in part due to its 1.4 billion-strong population, high-growth economy, and political stability.

Recent forecasts show that India is quickly recovering from the economic crisis of 2020. The question arises whether it is the right moment to do business with the world’s largest democracy.

Experts from ALTIOS and Crédit Agricole will discuss the specificities of the Indian market and how you can take advantage of them to expand or set up in this prospective market!
A company that successfully launched operations in India will also share its experience.

Key themes of discussion:

  • Macroeconomics/Business outlook
  • Analysis of key factors for market entrance/expansion in India
  • How to search for the best partner or the ideal business developer
  • Presence and solutions of Crédit Agricole in India

Are you interested in the Indian market and want some specific advice?

Do not hesitate to register for our B2B meeting. Our experts will provide you with all the information you are looking for!

The webinar will be held on August 26th, 2021 from 10:30 to 11:45 a.m.
All subjects will be presented in English.

Welcoming:

  • Sophie WIEVIORKA, Asia Economist, Group Economic Research, Crédit Agricole S.A.
  • Klaus MAIER, Altios Group Managing Partner
  • Madhav RAINA-THAPAN, VP Business Development, Altios India
  • Shishir PUNDLIK, Executive Director and HeadMNC Coverage, North & West India Crédit Agricole Corporate & Investment Bank India

Testimonials from successful companies in Poland:

▶️ You can either register to the webinar or a B2B meeting alone, or to both these events: Register now

Webinar Organizers: Altios Polska Sp. z o.o., Altios International and Credit Agricole Bank Polska S.A., are your personal data controllers and will process data to conduct the webinar and B2B meetings.

Detailed information regarding the processing of personal data by Credit Agricole Bank Polska S.A. is available on:

https://www.credit-agricole.pl/rodo/corporate-clients

Detailed information regarding the processing of personal data by Altios Polska Sp. z o.o. and Altios International is available on: https://altios.com/legal-mentions/

The Embassy of the United States in France and SelectUSA, in partnership with ALTIOS, invited companies to a webinar last Tuesday, May 4th, dedicated to the opportunities of setting up business in the United States.

May 2021

Click on the link below to watch the replay of this webinar (be aware that this webinar is almost fully in French): https://attendee.gotowebinar.com/recording/3782012551047805964



Some key data to know :

  • Direct investment by French companies in the United States is a major component of their development in the American market.
  • The American subsidiaries of French companies employ more than 700,000 people in the United States and rank France 4th among foreign countries for the number of direct jobs created in the United States.
  • French companies are very active in the United States in high technology, but also in many other fields.
  • The United States offers an extremely favorable environment for companies, with a highly skilled workforce, very competitive investment tax incentives, very efficient infrastructure and supply chain networks, and an excellent platform for investing in all markets of the American continent, North, Central and South.

Introduction:

  • Scott Pozil – Commercial Affairs Advisor to the U.S. Embassy in France for Western and Southern Europe
  • Patrick Ferron – Managing Partner Group ALTIOS International USA

Welcoming:

  • Brian Aggeler, Chargé d’affaires, ad interim – Embassy of the United States of America Paris, France.

SelectUSA Program & SelectUSA Summit 2021:

  • Ryan Wallace – Senior International Investment Specialist, SelectUSA – U.S. Department of Commerce – International Trade Administration

Testimonials from successful companies in the United States:

  • Michel Durrieu General Manager International & CEO North America HUTTOPIA (10 mn)

Legal aspects of setting up in the United States :

Q&A:

  • Patrick Ferron – Managing Partner Group ALTIOS International USA

Acknowledgements & Conclusions:

  • Scott Pozil – Commercial Affairs Advisor to the U.S. Embassy in France for Western and Southern Europe
  • Patrick Ferron – Managing Partner Group ALTIOS International USA

▶️ Watch testimonials from French companies that have successfully established and expanded in the U.S. market: 

To learn more about the SelectUSA Virtual Summit dedicated to promoting foreign direct investment in the United States June 7-11, 2021:

https://www.selectusa.gov/selectusa-summit

Do you have a project? Contact our teams!

ALTIOS Group announces the expansion of its activities in Spain with the acquisition of a new firm in Madrid. ALTIOS is a leading international business development consulting firm dedicated to small and mid-caps and pursues its expansion all over the world.

April 2021

ALTIOS Group set up an office in Madrid 5 years ago and has witnessed Spain’s potential for external growth. The new acquisition will reinforce ALTIOS Group activities in the country.

Despite the Covid-19 crisis, the Spanish economy has shown significant improvement since the beginning of the year, with steady growth forecast for the next 3 years. The provisions set up by the country have led the IMF and the World Bank to estimate an increase in growth of 5.7% for 2021. This increase positions Spain for the second strongest growth among European countries in the year.

Spain is naturally one of the top destinations for European companies. It is the 13th largest economy in the world in terms of GDP, and has strong connections and specific trade agreements with Latin Americas countries.

Given the importance of Spain for foreign companies and its potentials, ALTIOS decided to acquire the consulting company NAEVA BUSINESS to reinforce its position in Spain with:

  • The integration of a company specialized in market development in Spain for foreign companies: business development, domiciliation, recruitment, payroll services, management of subsidiaries, external growth
  • About thirty active customers from all sectors of activity: aerospace, automotive, railways, food processing, medical, e-commerce, consumption goods
  • Foreign investors from all countries: France, Germany, Canada, USA, China, South Korea

The combination of expertise areas and means of intervention promises ALTIOS’ current and future clients a seamless support capacity and market knowledge.

« The acquisition of this company allows us to respond to the growth ambitions of our clients. It is also an excellent market for South American companies. Spain is naturally benefiting from this refocusing with a significant number of structuring projects over the last 6 months.

Having a larger local team seems to us to be essential to provide clients with the diligent support they need in their internationalization. This is the reason that we have chosen to rely on an integrated network since our foundation. It’s a long and ambitious strategy for a company, but it guarantees that we will have access to cutting-edge expertise, a solid network of contacts and tailor-made services to accelerate the internationalization of our clients, with the same quality regardless of the geographic zone targeted,” says Patrick Ferron, Co-founder of ALTIOS Group and Managing Partner in charge of Spain.

“Spain is a key economic destination for ALTIOS clients. With a GDP growth of 5.7% for 2021, and a similar rate for 2022, Spain will emerge from the pandemic as one of the most dynamic economies in Europe. Our desire to join the ALTIOS Group is a key element in accelerating growth to strengthen us in the country with a company with a strong international base. In this way, we are expanding our resources to offer increasingly tailored solutions to our customers wishing to establish themselves in Spain. We have noticed that, with the crisis we are going through, many European clients wanted to strengthen their position in markets that are closer to them and easier to access and manage. This acquisition is a direct response to the new needs we have identified,” concludes Manuel Moreno, Altios’ new Managing Partner for Spain.