We have advised leading mid-market private equity firm Inflexion on its investment into Accountancy Age's ‘Top 30’ firm, TC Group, a provider of accountancy and taxation services to UK SMEs.
TC Group has a strong track record of growth, both organic and through acquisitions, with 29 acquisitions completed to date and a strong pipeline of further potential opportunities. Inflexion brings significant buy and build experience to support the TC Group with this strategy as well as extensive experience in the professional services sector.
The deal required expertise drawn from across the firm's private equity team and other specialist teams including tax, banking, commercial, employment, pensions and real estate.
Commenting on the deal, Private Equity Partner James Goold, said: "It was great supporting the Inflexion team on another successful transaction. Having worked with Inflexion for many years, our close understanding of Inflexion's approach to transactions, together with our ability to field a multidisciplinary team at lightning speed, allowed us to make this deal a success in a very tight timescale."
Andrew Mainwaring, Partner at Inflexion, added "Taylor Wessing has been a long-standing partner to us and James and his team were exceptional, as always. The team's support was outstanding and the fast pace at which they can deliver results demonstrates why they are a firm of choice for complex transactions."
The team was led by Private Equity Partner James Goold with support from Senior Associates Alexandra Holden, Alex Walker, Omar Amin and Sarah Wallace, Associates Scarlett Diamond and Alex Stones and Trainee Solicitors David Stuart and Kate Hamblin in the Private Equity team.
Further support was provided by:
Banking and Finance
Partner Martin Yells, Senior Associate Kate Bowden, Associate Alex Swayne and Trainee Solicitor Anneliese Amoah.
Employment, Mobility and Pensions
Partners Sean Nesbitt and Anna Taylor, Senior Counsel Vikki Wiberg, Senior Associates Millie Kempley, Afshan Mallik and Georgina Wardrop, Associate Nadine Simpson-Ataha and Trainee Solicitor Olivia Johnson.
Financial Services and Competition
Partner Charlotte Hill, Senior Counsel Louisa Penny, Senior Associate Mila Pencheva, Associate Melissa Whitley and Trainee Solicitor Abi Easton.
Real Estate
Partner Emma Oakley and Associate Francesca Gibbs
Tax and Incentives
Partner Liz Wilson and Senior Associate Bridget Winters.
Technology, IP and Information
Partner Sian Skelton and Associates Megan Lukins and Laura Craig
Paralegal Operations
Paralegals Catherine Morrissey and Savannah Swale.
