Radius buys US tax and compliance advisory firm Montage Services

13 June 2016 Consultancy.uk

Montage Services, a tax and compliance advisory firm based in the US, has been acquired by Radius, an advisory and technology company specialised in growth services. As part of the deal – terms of the transaction have not been disclosed – roughly twenty employees transfer to Radius’ advisory business.

Founded in 2003, by Scott Wentz, a former partner at Arthur Andersen (nowadays Accenture), Montage Services is a San Francisco-based consulting firm that provides clients with structuring and tax advice, finance and business consulting services. The company, which since inception launched a second office in London, works for a range of corporates and blue chip clients, including Deutsche Bank, Jefferies, the London Stock Exchange, Synechron, The times Group and UniCredit.

Last week Wentz unveiled that the firm has been picked up by Radius, an international player that support clients with a range of advisory and technology services, as well as solutions, geared at enabling market expansion. The Boston-headquartered firm has, on the back of organic expansion and an M&A strategy (the PE-backed company was formed in 2014 through the merger of two peers), been growing fast of late – its team today consists of 800 employees in seven countries.

With the move, Radius bolsters its advisory unit, with the aim of capitalising on the growing demand for expansion expertise and guidance, which, according to Radius CEO Stephen Chipman, is booming. “Demand is unprecedented, and we’re strategically expanding to meet it,” he says.Radius buys Montage ServicesMontage’s office in San Francisco will be consolidated within Radius’ operations in the same city, with its service offerings integrated into the firm’s advisory portfolio. Together with its office in San Jose, Radius now has more than 35 consultants based in the West Coast of the US, while the firm too sees its satellite advisory operations in the UK (London; Bristol) benefit from the bolt-on. “The fact that the seasoned Montage team will hit the ground running as part of our expanding advisory team is a big win for our existing and future clients,” reflects Chipman, who has been in the role just a month now, having previously served as CEO of Grant Thornton US, among others. 

Commenting on the joining of forces, Wentz says that is proud of the firm’s heritage (“We’ve worked hard to build a business that’s known for delivering value and valued client service”), adding that under the wings of Radius he expects that the firm can continue to pursue its ambitions with “even more resources and greater opportunity.”

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SQW Group purchases property-based regeneration consultancy

19 April 2019 Consultancy.uk

UK consulting firm SQW Group has completed its first acquisition since it completed a management buyout in January 2019. BBP Regeneration joins the company having collaborated with SQW for more than 20 years.

Established in 1983, SQW Group now operates all over the world. Comprising SQW, Oxford Innovation, Oxford Innovation Services – one of the UK’s leading innovation centre operators – and Oxford Investment Opportunities Network, the organisation’s origins can be traced to Britain’s two ancient university cities: Oxford, through Oxford Trust founders, Martin and Audrey Wood, and Cambridge, through SQW’s work in producing The Cambridge Phenomenon.

The consultancy specialises in public policy, working with entities from the public, private and voluntary sectors to research, develop, implement and evaluate social and economic development interventions. It now employs over 250 people across regional offices in London, Oxford and Edinburgh, and provides business support to over 4,000 entrepreneurs and small businesses each year. At the start of 2019, SQW secured its independence in a management buyout, advised on by M&A experts from Liberty Corporate Finance and Penningtons Manches.

SQW Group purchases property-based regeneration consultancy

SQW has strengthened its position as a provider of services across the business spectrum with the acquisition of BBP Regeneration. Founded in 1994, the consulting firm specialises in land and property-based regeneration and growth schemes, and is a leading social and economic development consultancy. 

The two firms first worked together over 20 years ago, when SQW and BBP collaborated to develop the first Regional Economic Strategy for the South East. More recently, they developed an economic strategy for Thanet and are now working together in locations stretching from Cwmbran via Oxfordshire to London.

With the addition of BBP, SQW can now provide an integrated advisory service for organisations developing property schemes which deliver economic benefit to their local area. By joining SQW, meanwhile, BBP hopes to further enhance its ability to support clients in delivering property and place-making ambitions. 

Speaking about the deal, SQW CEO David Crichton-Miller commented, “The UK more than ever needs solutions to the challenges of places – of high streets under threat, of meeting housing delivery targets, and of both economically over-successful and economically challenged towns and cities – and the combination of SQW and BBP is uniquely suited to developing those solutions. [This deal] brings together critical and complementary services relating to places to serve our clients with leading edge and practical advice.”

Andy Smith, Director of BBP Regeneration, added, “SQW shares with BBP the same values of seeking to provide outstanding, practical, real world advice that helps get buildings built and places developed.  We greatly look forward to the opportunities that come from joining our two organisations together.”