Leading international law firm Clifford Chance has advised private equity firm Navis Capital Partners on its disposal of its entire interest in QIMA, a leading provider of supply chain compliance solutions, to Caisse de dépôt et placement du Québec, the Canada-based global investment group (CDPQ).

Founded in 2005, QIMA is a tech-enabled global testing, inspection and certification (TIC) company that supports corporates in supply chain matters to ensure compliance with quality, safety, hygiene and ESG standards. QIMA is a digital pioneer in the TIC sector with industry-leading technology, and operates its own supply chain quality management SaaS platform. QIMA has a global presence with more than 4,000 employees in 88 countries.

The cross-border deal involved the firm’s offices in Hong Kong and Singapore and was led by partners Valerie Kong and Bryan Koo, supported by senior associate Ryan Wong, associate David Ho and legal assistant Petra Ho.

Valerie commented, “We are pleased to have supported Navis on its successful exit of QIMA, after Navis partnered with management to deliver significant value-add and growth to QIMA by adopting a tech-focused approach and through various bolt-on acquisitions.”

Bryan added, “Financial investors continue to drive significant M&A activity in the region, particularly in the services and SaaS sectors. We are proud to bring together our collective expertise in these areas in advising Navis.”