What is the story about?
What's Happening?
Dains Group has acquired TBAT Innovation, a consultancy specializing in R&D tax incentives and grant funding, to enhance its advisory capabilities for SMEs in the UK and Ireland. This acquisition, supported by private equity from IK Partners, aims to expand Dains Group's service offerings and strengthen its position in the advisory market.
Why It's Important?
The acquisition of TBAT Innovation by Dains Group signifies a strategic move to bolster its advisory services, particularly in securing funding for innovation-driven businesses. This expansion is crucial for supporting SMEs in navigating complex financial landscapes and maximizing growth opportunities. The integration of TBAT's expertise into Dains Group's portfolio could lead to increased competitiveness and innovation within the SME sector, driving economic growth and development.
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