Kroll to buy Madison Pacific to grow Asia presence

By Vriti Gothi

Kroll, a provider of financial and risk advisory solutions, has planned to acquire Madison Pacific from Vistra Group to expand its client services across the Asia Pacific region.

The proposed acquisition remains subject to regulatory approval. The planned integration will establish Kroll’s Agency and Trustee Services practice in Asia Pacific for the first time. By combining Madison Pacific’s established operations in Hong Kong and Singapore with Kroll’s international reach, the company intends to deliver coordinated domestic and cross-border solutions for clients managing increasingly complex transactions.

The development reflects the growing role of independent agency services in the region’s evolving private credit markets. By aligning Madison Pacific’s local expertise with Kroll’s wider platform, the combined business aims to address rising demand for reliable, independent support in complex deal structures and governance frameworks.

Kroll’s Agency and Trustee Services practice has grown significantly in recent years, including being named the largest independent agent in the EMEA region and ranking as the third-largest Administrative Agent for the first quarter of 2025, according to Bloomberg a position traditionally occupied by major banking groups.

The deal forms part of Kroll’s broader strategy to enhance its global capabilities in independent advisory services and to respond to growing client demand for integrated solutions that bridge multiple jurisdictions and regulatory environments.

Brent Tomlinson, Co-President, Risk Advisory at Kroll, said, “Entering this exclusive agreement is a step towards further expanding our presence in Asia Pacific and underscores our commitment to investing in and strengthening Kroll’s Agency and Trustee Services worldwide, positioning Kroll as the preferred advisory partner for complex cross-border transactions, in addition to restructuring, fund solutions, issuer services and other complementary services.”

Jessica Stamelman, President of Kroll’s Business Services division, said, “With the rapid growth of private credit markets and increasing demand for independent agency services in Asia Pacific, we look forward to combining Madison Pacific’s deep regional expertise with Kroll’s client-focused approach. This agreement will mean Kroll can fulfil the market demand for a comprehensive global solution for agency and trustee services.”

Cassandra Ho, Group Managing Director of Madison Pacific, said, “We are delighted to enter into this exclusive agreement with Kroll. Kroll’s global reach and exceptional reputation align perfectly with our premier standards and focus on client service and commercial solutions, especially in the most complex transactions. This combination strengthens our ability to support clients with seamless, end-to-end service, backed by global scale and local insight.”