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Cinven Partners LLP
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Press releases

CPA Global
29 October 2012

CPA Global expands regional headquarters in Hong Kong

Jersey-based intellectual property management specialist and legal services outsourcing company CPA Global has reaffirmed its commitment to Hong Kong with the opening here today (October 29) of its new and expanded regional headquarters to spearhead the group's continued growth in Asia.

CPA Global is a world leader in intellectual property (IP) management, IP software, and legal services outsourcing. Its clients are from all over the world and range from small businesses to some of the world's best-known corporations and law firms. It offers a range of IP and broader legal services, helping clients to manage risk, cost and capacity, and realise greater value for their businesses and their IP assets.

Hong Kong's strategic location at the heart of Asia and on the doorstep of Mainland China is one of the major factors that attracted CPA Global towards Hong Kong when it first set up an office here three years ago, and was again absolutely key to the Company when considering the location for a larger office to serve as their regional headquarters.

Senior Vice President, Asia Pacific, for CPA Global, Joanne Hon said, "Mainland China is now the world's fastest growing market for IP and one of the top filers of international patents. On a country-by-country basis, China's expenditure on R&D is now only second to the US. Indeed, its focus on developing a technology-based economy, protected by IP Rights is at the core of its success."

She added that South Korea and Taiwan are other prime markets and said, "Hong Kong is the ideal location to serve as our platform for expansion into China and other parts of north and southeast Asia."

Associate Director-General of Investment Promotion, Andrew Davis, welcomed CPA Global's ongoing commitment to Hong Kong and said, "While Hong Kong's strong rule of law provides solid protection of IP Rights, the free market principle encourages the free flow of information that is integral to the IP industry development. We are delighted to see CPA Global reaffirming Hong Kong as its regional base, and as the springboard from which to expand further into the Asia Pacific region and take its business to new heights."