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Innovation financing contract when Access2 Funding soars

FinTechM & A

Manchester-based innovation funding specialist Catax has moved to acquire Access2 Funding, an R & D tax deduction consultant.

Headquartered in Birkenhead, Merseyside, Access 2 Funding will continue to operate under its own name, with Catax holding all 32 staff, including CEO Dawn Coker.

Since its founding in 2014, Access2Funding has claimed more than 1,650 R & D tax credits for businesses of all sizes and has collected more than £ 54 million.

Acquired by US business tax service and software giant Ryan in March, Catax specializes in capital deductions, patent boxes, grants and contaminated land repairs, as well as in the area of ​​R & D tax credits.

The deal is the latest in a series of acquisitions since Catax was founded in 2008.

“Access 2 Funding is a growing force in the field of R & D tax deductions and we have been impressed with the expertise of the company’s team and the quality of their work for some time. Their client list is that. “Reflects,” said Mark Tighe, founder of Catax.

“Our two companies are not far from each other, so it’s the end of the local derby so far. We welcome them. They now have a formidable reputation all over the world. It has become part of the business. “

Coker said:

“Catax is one of the most trusted names in the tax exemption sector, and this investment allows us to leverage their expertise to increase delivery to clients and keep Access2Funding growing at a pace. increase.”

Innovation financing contract when Access2 Funding soars

Source link Innovation financing contract when Access2 Funding soars

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