Monday, June 24, 2024

Dains swoops for NHS VAT specialists

The Dains Group has acquired NHS VAT specialists, CRS VAT.

Founder Chris Silk has championed the decision to join the Dains group of businesses saying: “Having been established for 21 years, CRS VAT is delighted to join forces with Dains as we continue to grow our market share across the UK. With Dains’ support, we will be able to provide an enhanced service to our clients and connect to an incredible network of advisors across the group.”

Richard McNeilly, CEO of Dains, said: “What attracted Dains to CRS VAT is their commitment to technical excellence and client service; they stay abreast of NHS client needs and legislative changes to develop solutions to address client challenges.

“With a focus on the NHS, CRS VAT has become a leading VAT service provider for the sector, delivering increased VAT recovery and tailored advisory services. The team is a natural fit, complementing Dains’ expertise in providing services to the Public Sector following the acquisition of Opto Group in 2023.”

Nick Burrows, Managing Director of Opto Group, believes the move is perfect for clients and the CRS VAT team: “Our business is built on the quality of our people and our clients.

“Bringing CRS VAT into the group will allow us to leverage our combined expertise, to become the UK’s largest specialist public sector tax team, delivering high quality professional tax services to a complete range of public sector bodies. Investment from Dains will enable the business to continue to grow and provide enhanced career opportunities for our talented teams.”

Luke Kingston, Partner at Horizon Capital, said: “Richard and the team at Dains have now completed their eighth acquisition and we are delighted to have supported the group to this milestone. We share everyone’s enthusiasm for the significant opportunities created by bringing such likeminded businesses together.”

Dains were advised by DSW (financial and tax due diligence), Forward Corporate Finance (Financial Modelling) and CMS (Legal). CRS VAT were advised by Thrings (Legal).

A message from the Editor:

Thank you for reading this story on our news site - please take a moment to read this important message:

As you know, our aim is to bring you, the reader, an editorially led news site and magazine but journalism costs money and we rely on advertising, print and digital revenues to help to support them.

With the Covid-19 pandemic having a major impact on our industry as a whole, the advertising revenues we normally receive, which helps us cover the cost of our journalists and this website, have been drastically affected.

As such we need your help. If you can support our news sites/magazines with either a small donation of even £1, or a subscription to our magazine, which costs just £33.60 per year, (inc p&P and mailed direct to your door) your generosity will help us weather the storm and continue in our quest to deliver quality journalism.

As a subscriber, you will have unlimited access to our web site and magazine. You'll also be offered VIP invitations to our events, preferential rates to all our awards and get access to exclusive newsletters and content.

Just click here to subscribe and in the meantime may I wish you the very best.

Latest news

Related news

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.