HOUSTON, Sept. 20, 2016 /PRNewswire/ -- The U.S. based R&D tax credit consulting firm, Braithwaite Global Inc. (BGI), announced today its partnership with top French research tax incentives and innovation funding company, ACIES Consulting Group. The resulting entity will be called ABGI, with the combined forces creating a company that delivers maximum value for clients, enormous opportunities for employees and an international foundation better positioned to support client growth.
The merger with ACIES Consulting Group, based in Lyon, France, is projected to increase BGI's global share in the international research tax incentive market. Under ABGI, the combined firm will include 200+ employees serving more than 2,500 clients across the globe.
"In an evolving, and perhaps uncertain, tax landscape triggered by the BEPS initiative, our multinational clients have a need for a single source option for international R&D tax incentive specialists. They want our specialists to have the ability to optimize and deploy their expertise in a comprehensive and coherent manner, reflective of the value created with their global R&D investments, and ultimately, their intangible assets," says BGI CEO Serge DE BLOIS.
With over 30 years of outstanding notoriety in the U.S. and Europe, the combination of the two companies is considered a global win for multinational companies that demand outstanding specialty services. "The merger with ACIES allows us to extend our practice synergies deeper into the European market for our multinational clients in a BEPS coherent way," says Todd Sutherland, Vice President of BGI Operations. "And on the domestic side, we are committed to expanding our space into the middle market."
The integration of both companies will take place over the next several months with immediate focus on investments in U.S. practice talent and business acquisition. "Our goal is rapid growth," says Bruno De Mortière, CEO of ACIES Consulting Group and ABGI Group. "A recruiting campaign is underway to maximize the potential of this new market force. The complementary skills of ACIES Consulting Group and BGI in their respective markets will enable us to explore deeper on incentives for innovation between Europe, North America and soon, South America."
About ACIES Consulting Group
ACIES Consulting Group is a tax specialty and research funding consulting company.
The firm, started in 1990, has 100 employees in France, offices in Paris and Lyon and has its network (CARLACIES) enabling it to intervene in all of Europe.
For over 32 years, Braithwaite Global Inc. (BGI) has been a leading service provider for R&D tax incentives worldwide. With its U.S. practice headquartered in Houston, the company considers itself a relationship based professional service firm. Its business model is designed for cultivating long-term relationships with innovative multinational organizations.
BGI's services range from strategic planning or one-day tutorials to large-scale studies for multinational companies. BGI has strong collaborative relationships with their international colleagues, allowing them to act as a preferred global provider for multinational clients interested in reducing their global effective tax rate through multi-jurisdictional R&D incentives.
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SOURCE Braithwaite Global Inc.