FTI Consulting has acquired VAT tax specialist, Global VAT Compliance, for an undisclosed sum. The deal will see Global VAT Compliance’s expertise expand FTI Consulting’s European tax advisory team with the addition of nine professionals, with three senior members taking on senior roles at FTI, including Senior Managing Director and two Managing Directors.
Global VAT Compliance is a Dutch vendor for compliance in VAT and related services that provides expertise in the areas of compliance obligations, fiscal representation capability and the latest software. The company has knowledge of VAT in a global context, with its senior staff able to offer specialised advice in both local regulations and their cross-border implications to offer clients the highest quality advice and support.
In line with the ambition to expand its European tax advisory offering, consulting firm FTI Consulting has decided to acquire Global VAT Compliance, adding a staff of nine to its team. The addition of Global VAT Compliance to FTI’s international tax and compliance offering is set to strengthen the firm’s corporate tax work in the UK and across the world through the WTS Alliance. The deal is also expected to strengthen its wider tax advisory practice, as well as delivering support to the tax and compliance team through FTI Consulting's wider expertise in Corporate Finance/Restructuring.
Commenting on the acquisition, Marvin Rust, Head of European Tax Advisory Services at FTI Consulting, says: “We are delighted with the expansion of our tax advisory team. The addition of Global VAT Compliance’s centralised processes and state of the art technology enables us to offer the full range of VAT and tax services, and further enhances our offering to our clients who seek a real alternative to the Big 4.”
Henk Hop, CEO of Global VAT Compliance, who joins FTI Consulting as a Senior Managing Director, adds: “We are bringing a top class tax team and client base to FTI Consulting. We look forward to combining the strength of our expertise with FTI Consulting’s global outreach and breadth of services, offering our clients a broad spectrum of services and support.”