Friday 2 July 2010

BTG acquires specialist tax advisors from Vantis

Begbies Traynor Group, the specialist professional services consultancy, today announces the expansion of its BTG Tax business with a seven-strong team joining the London office from Vantis Plc.

Effective from 1 July 2010, Don Mavin will become Managing Partner of the enlarged London BTG Tax business, responsible for the further development of the Tax practice in the South East region. Don was formerly National Head of the Tax Disputes & Litigation group at Vantis Plc and brings with him his Customs Investigation and Litigation team of Allan Brown and Martin O’Neill, Directors, and Simon Sutcliffe and Ian Manly, Consultants.

Peter Fairchild, also joins BTG Tax from Vantis Plc as Partner, providing private client tax advice. Peter’s extensive expertise in the Sports sector complements BTG Tax’s existing national expertise in this area and will provide a strong platform from which to develop this offering in the London market.

Thursday 1 July 2010

RSM Tenon acquire Vantis businesses

RSM Tenon, the Top 10 accountancy firm, has announced it has acquired the Epsom, London, Leicester advisory offices, the national Financial Management operations, the London Forensic Accounting team and the Thames Valley Recovery office of its public competitor, Vantis.

The acquisition sees circa 300 staff augment the existing substantial RSM Tenon teams, adding up to an estimated £27 million to the firm's annual fee income.
There will be over 190 staff members - including 30 directors - from the Wigmore Street office who will become part of RSM Tenon.

The deal brings significant extra audit, tax and advisory work, especially to RSM Tenon's London operation, reflecting the Group's commitment to growth in the Capital.

RSM Tenon's Financial Management division, already the largest Financial Services arm of any UK accountancy firm, will jump to a Top 20 IFA firm nationally, with over 300 staff operating from offices across the UK.