Catax | February 2018
Deal value: Undisclosed
The Corporate team at Freeman Fisher, led by Partner, Gary Black represented tax relief specialist Catax with their acquisition of London based R&D tax credit consultancy, Fast Track for a value of £2,500,000.
The purchase of Fast Track boosts the size of Catax’s team by 17% to 92 and gives the company its first London-base advancing Catax’s growth strategy.
In the past 3 years Fast Track had acquired more than 1,200 clients and increased revenues by 325%, Catax chief executive, Mark Tighe said: “The UK R&D market is still massively untapped and we are going after it tooth and nail. Fast Track does such a great job generating clients that an acquisition was the only sensible option”.