Accounting Firms

Claritas advises on 13 transactions in Q1

The company, which has offices in Birmingham and Manchester has also seen the business expand over the last month with the opening of their new London office in Berkeley Square

Claritas Tax, the independent multi-disciplinary tax advisory practice, has revealed it advised on 13 buy and sell side transactions during the first quarter of 2021, with a combined value in the region of £260m.

The firm said there were “significant deals” across Claritas’ core business sectors which include technology, manufacturing, financial services, energy and retail sectors, demonstrating the “continuing strength” of deal flow in Claritas’ key business sectors.

Some of the notable transactions included:

  • Sale of Mission Labs to Gamma Communications PLC
  • Acquisition of London Architectural Glass by United Glass Group
  • TiG’s acquisition of ThirdSpace
  • Investment by Growth Capital Partners in Bridewell Consulting

The company, which has offices in Birmingham and Manchester, has also seen the business expand over the last month with the opening of their new London office in Berkeley Square, Mayfair.

Alongside the new London office opening, Claritas also appointed Alan Craddock as partner, joining Iain Wright and Matthew Hodgson in leading the business into 2021/22. The wider team has also grown over the last few months with eight new team members joining the team in the last 10 months.

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Wright said: “Given the year the country had in 2020 with the Coronavirus and the current economic questions around Brexit, to be posting record transaction figures for the company, as we are, demonstrates our remarkable resilience and determination. Our new office opening in London and our continued pursuit of growth for the business speaks for itself and reinforces our drive.”

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