Skip to Content Facebook Feature Image

Ascentium Welcomes MGI Dobbyn Carafa, Strengthening Advisory Capability in Australia

Business

Ascentium Welcomes MGI Dobbyn Carafa, Strengthening Advisory Capability in Australia
Business

Business

Ascentium Welcomes MGI Dobbyn Carafa, Strengthening Advisory Capability in Australia

2026-07-20 15:00 Last Updated At:15:15

MELBOURNE, Australia, July 20, 2026 /PRNewswire/ -- Ascentium, a leading global business services platform headquartered in Singapore, today announced that MGI Dobbyn Carafa ("MGIDC"), a Melbourne-based multidisciplinary accounting and advisory firm, is joining the Group as part of Ascentium Australia.

The addition of MGIDC complements the capabilities of InCorp Australia, An Ascentium Company ("InCorp Australia"), and Oxygen Private Client, An Ascentium Company ("Oxygen Private Client"), advancing Ascentium's platform in Australia and expanding its ability to deliver integrated advisory, corporate and private client services.

MGIDC clients will continue working with the advisers and teams they know, now backed by a broader network of specialist expertise.

MGIDC brings over two decades of experience advising SME and mid-market businesses across taxation, business and corporate advisory, strategy and efficiency, merger and acquisitions (M&A) support, and valuations. The firm has built a strong reputation in Melbourne for its taxation and corporate advisory expertise, underpinned by practical, relationship-driven advice and long-standing client relationships, closely aligned with Ascentium's approach. MGI's Corporate Advisory division is a key strength of the firm, supporting clients across strategic growth initiatives, acquisitions, sale and investor readiness, business valuations, due diligence, and transaction support.

In an increasingly cross-border business environment, integrated advisory expertise and on-the-ground market insight is becoming critical. Through Ascentium's platform, MGIDC clients can continue to rely on the personalised service they value, while gaining access to wider regional resources and enhanced capabilities.

The combination enhances Ascentium's ability to empower clients navigating growth across Australia and international markets through a more connected platform.

Anthony Dobbyn, Director, Corporate Advisory, MGI Dobbyn Carafa (MGIDC), commented, "Joining Ascentium is a natural next step, allowing us to grow while preserving the trusted relationships we have built, and to expand the expertise we offer, all while ensuring a seamless client experience – now powered by the scale to support them as their needs evolve."

Lennard Yong, Founding Management & Group CEO of Ascentium, added, "MGIDC brings highly regarded taxation and corporate advisory expertise that complements our presence in Australia. Together with InCorp Australia and Oxygen Private Client, this further elevates our ability to help clients operating across the region with consistent, streamlined advice."

About Ascentium

Ascentium is a leading global business services platform dedicated to helping businesses and individuals scale greater heights. Headquartered in Singapore, we drive extraordinary growth through expert people, purpose-led technology, and an unwavering commitment to service excellence.

With over 3,000 professionals across 58 cities in 27 markets globally, we deliver integrated solutions in corporate services, finance and accounting, fund administration, human resources, and fiduciary and trust services. Serving more than 65,000 client entities across diverse industries, Ascentium combines specialised expertise with innovative, technology-enabled solutions to help clients navigate complexity and unlock new opportunities for sustainable growth.

For more information, visit: ascentium.com

About MGI Dobbyn Carafa

MGI Dobbyn Carafa is a member of MGI Worldwide, a Top 20 international accounting network of independent audit, tax and accounting firms, which brings together the expertise of more than 8,500 professionals in over 430 locations around the world. Our membership enables us to keep abreast of important new developments, while providing a seamless international service to any of our clients looking for support abroad.

For more information, visit: mgidc.com.au 

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

Ascentium Welcomes MGI Dobbyn Carafa, Strengthening Advisory Capability in Australia

Ascentium Welcomes MGI Dobbyn Carafa, Strengthening Advisory Capability in Australia

HEFEI, China, Aug. 9, 2026 /PRNewswire/ -- A news report from CRI Online:

"This is a rare opportunity — we have come to the new engine of China's economic growth, Anhui." So said H.E. Mr. Robert Lee, Fiji's Ambassador to China, at an exchange event in Hefei on the 3rd, which brought together 15 diplomats from Ethiopia, Fiji, Latvia, Türkiye, Botswana and other countries for an in-depth dialogue with the province.

At the opening ceremony, more than 100 Anhui-based enterprises were on display, spanning new energy vehicles, artificial intelligence, photovoltaic materials, construction equipment, culture, and tourism and wellness — sectors that represent new growth points for Anhui and for the Chinese economy more broadly. Newly released figures for the first half of the year show Anhui posting an economic output of 2.737 trillion yuan and growth of 5.6%, placing it among China's top ten provinces by GDP. Known for its strength in scientific innovation and its long-termism, the province is home to firms such as iFlytek (artificial intelligence) and JAC Group (automobile manufacturing).

H.E. Prof. Lekoko S. Kenosi, Botswana's Ambassador to China, said he valued this dialogue format and would visit companies over the coming days, adding that Anhui's sci-tech enterprises demonstrate strong R&D capabilities, opening possibilities for cooperation in cultural technology and intelligent manufacturing. Ambassador Lee also noted Anhui's progress in artificial intelligence and digital infrastructure, seeing points of convergence with Fiji's development needs.

The week-long programme will take the diplomats to companies in Hefei, Xuancheng and Huangshan, covering construction, automobile manufacturing, culture, and tourism and wellness. In Hefei, the itinerary includes a leading construction firm and an AI park; in Xuancheng, the development of the cultural industry and a cultural exchange session; in Huangshan, eco-tourism and wellness resort projects. The organizers said the aim is to give the diplomats a fuller picture of how a Chinese provincial economy actually works, and to identify potential areas for cooperation in supply chains, green technology transfer and people-to-people exchange.

No agreements have been signed so far, but several envoys expressed interest in continuing to engage with Anhui companies after the event. Long dominated by agriculture and traditional manufacturing, Anhui has in recent years become one of the faster-growing provinces in China's regional economy, drawing investment of a certain scale from both domestic and overseas sources.

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

Diplomats' Perspective on Anhui: From Agricultural Province to Regional Economic "Growth Pole"

Diplomats' Perspective on Anhui: From Agricultural Province to Regional Economic "Growth Pole"

Recommended Articles