What's Happening?
Dains Group, a private equity-backed accountancy and advisory services provider, has acquired TBAT Innovation, a specialist consultancy based in the East Midlands. This acquisition is Dains Group's third since receiving backing from IK Partners in December 2024. TBAT Innovation, founded in 2002, specializes in helping businesses access tax incentives for research and development, grant funding, and innovation support. The acquisition is expected to enhance Dains Group's tax and advisory services, leveraging TBAT's expertise in optimizing R&D claims and navigating complex innovation incentives.
Why It's Important?
The acquisition of TBAT Innovation by Dains Group signifies a strategic expansion in the East Midlands, strengthening Dains' ability to provide comprehensive advisory services. TBAT's expertise in R&D tax incentives and innovation support will open new opportunities for clients to access funding, fueling growth and innovation. This move aligns with Dains Group's client-centric approach and commitment to delivering valuable advice, positioning the company for further expansion across the UK.
What's Next?
TBAT Innovation will continue to operate under its existing leadership team, ensuring continuity and leveraging its established reputation. The integration with Dains Group is expected to enhance service offerings and expand the client base, providing businesses with the support needed to achieve sustainable growth. The partnership aims to build lasting relationships and deliver pragmatic advice, supporting businesses in turning ideas into successful ventures.
