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Dains Accountants has announced the acquisition of NHS VAT specialist, CRS VAT.
This comes as CRS founder, Chris Silk, has led the decision to join Dains group of businesses.
Silk said: “Having been established for 21 years, CRS VAT is delighted to join forces with Dains as we continue to grow our market share across the UK.
“With Dains’ support, we will be able to provide an enhanced service to our clients and connect to an incredible network of advisors across the group.”
Richard McNeilly, CEO of Dains, added: “What attracted Dains to CRS VAT is their commitment to technical excellence and client service; they stay abreast of NHS client needs and legislative changes to develop solutions to address client challenges.
“With a focus on the NHS, CRS VAT has become a leading VAT service provider for the sector, delivering increased VAT recovery and tailored advisory services. The team is a natural fit, complementing Dains’ expertise in providing services to the public sector following the acquisition of Opto Group in 2023.”
Dains were advised by DSW who provided financial and tax due diligence; Forward Corporate Finance for financial modelling; and CMS for legal).
Meanwhile, CRS VAT was advised by Thrings, who provided legal advice.
