McCabe Embarks on a New Era of Growth Through Acquisition by Hillhouse

We are thrilled to announce the successful completion of a strategic investment in McCabe International Limited and McCabe Secretarial Services Limited (collectively referred to as “McCabe”) by Hillhouse Investment, a leading global private equity firm. This marks an important milestone in our journey, propelling us towards accelerated growth and innovation.

Established in 1981, McCabe has continuously evolved and positioned itself as a leading service provider in Hong Kong's corporate, business process outsourcing, and human capital solution services sector. This strategic investment by Hillhouse Investment paves the way for an exciting new chapter of exponential growth, enabling us to further enhance the quality of services we deliver.

Sean Carney, Partner & Co-Head of Global Buyout at Hillhouse Investment, shares, "We are delighted to provide support to McCabe as they venture into the next phase of their growth journey. The McCabe team has demonstrated an exceptional track record in delivering outstanding results for clients, spanning a comprehensive range of corporate, accounting, payroll, and other human capital solution services. We have full confidence in propelling McCabe to even greater heights, enabling them to continue exceeding client expectations."

About Hillhouse:

Hillhouse is a long-term investor focused on partnering with quality business leaders to help them grow their organizations globally. For almost 20 years, Hillhouse has worked alongside traditional businesses that have redefined their industries. Our goal is to establish alignment and build sustainable, forward-thinking companies that create lasting value for all stakeholders. Hillhouse is a full life-cycle private equity firm, investing for the long term across opportunities in the business services, healthcare, consumer, and industrials sectors. Operating an integrated platform
spanning private equity, credit, real assets and public equity, the firm manages capital on behalf of global institutions such as non-profit foundations, endowments, sovereign wealth funds, and pensions.