Specialist SME recommendation agency K3 Capital Group has acquired industrial property tax specialist HMA Tax for an undisclosed sum.
HMA Tax specialises in serving to industrial property house owners and buyers determine unclaimed capital allowances.
HMA’s software program has helped generate Capital Allowance stories claiming over £500m in tax reduction throughout 7,500 claims for the reason that agency was based by Tom Meredith and Duncan Chittick in 2014.
The agency has a turnover of round £2.5m.
HMA Tax will proceed to be led by its founders and function independently throughout the K3 Group.
The phrases of the deal haven’t been disclosed.
Mr Chittick mentioned: “This deal is an extremely thrilling alternative to speed up our progress. Nevertheless, for our present shoppers, it’s strictly enterprise as traditional. Tom and I are dedicated to proceed main the enterprise and we’re trying ahead to driving HMA Tax ahead as a part of K3.”
John Rigby, government chairman of K3, mentioned it sees the HMA Tax model as having appreciable progress alternatives and that K3’s central providers equivalent to knowledge and advertising and marketing may also help speed up its progress throughout the SME market.
K3 is a multi-disciplinary skilled providers agency offering advisory providers to SMEs.
Buying and selling subsidiaries embody KBS Company, KBS Company Finance, Knightsbridge Business, K3 Benefit, Market Mapping, Knight Company Finance, K3 Legislation, Quantuma, randd, Knight R&D and JEC Consulting.
