US consultancy firm alliantgroup acquires ForrestBrown
UK R&D tax credit consultancy firm ForrestBrown has been acquired by US consultancy firm alliantgroup, a leading provider of federal and state tax incentives in the United States.
ForrestBrown, the UK’s only firm of chartered tax advisers wholly specialised in research and development (R&D) tax credits has become a wholly owned subsidiary of alliantgroup. Established in 2013 by entrepreneur Simon Brown, ForrestBrown is headquartered in Bristol and serves thousands of innovative UK businesses across all sectors. Under the acquisition, the ForrestBrown brand, all 63 employees and Bristol headquarters will be retained.
US firm, alliantgroup, is based in Houston, Texas, with an 800-strong team of experts has been at the forefront of tax legislation, representing the interests of small and medium-sized enterprises (SMEs). It has helped more than 12,000 businesses claim more than $6 billion in tax incentives.