Major acquisition strengthens tax advice business
The MPA Group has acquired the specialist tax business Venture 4th as part of its strategic growth plan.
MPA supports companies by helping them access funds made available through various HMRC funding schemes.
With the Government keen to encourage more companies to innovate, schemes such as R&D Tax Credits and Patent Box are designed to reward organisations of all sizes with funding that can be used to fuel further investment in UK Plc.
Venture 4th, founded in 2004 by Mike Fagan, provides specialist tax advice to its client portfolio, including efficient employee share schemes, Enterprise Investment Schemes, Entrepreneur relief schemes, as well as R&D tax credits.
All current Venture 4th employees will be retained as part of the agreement, with career opportunities within the broader MPA Group now also available to existing Venture 4th staff.
Mike Price, Director of The MPA Group, comments: “It’s great to have Venture 4th on board. We are like-minded businesses and look forward to the opportunity this presents to support more businesses in funding their growth, so that they can continue to be successful and drive UK Plc forward.
Mike Fagan, Founder of Venture 4th, comments: “Venture 4th has grown rapidly over the past two years and the MPA Group has a culture and values that are similar to ours.
“I am confident that our clients will continue to thrive with the expertise and specialist services that MPA can deliver and we look forward to an exciting future working together.”