Tax advisory firm boasts bumper first quarter

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

There were significant deals across Claritas’ core business sectors which include technology, manufacturing, financial services, energy and retail sectors.

Some of the notable transactions included:

Sale of Mission Labs to Gamma Communications

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 a London office in Berkeley Square, Mayfair.

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 in the last 10 months.

Iain Wright, partner at Claritas Tax, 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.”