Global tax software provider Sovos has announced the acquisition of UK firm Sovos Accordance, which specialises in VAT managed services. EY advised Sovos on the deal, while RSM served as financial advisor on the sell side, and DMH Stallard provided legal counsel.

Lucy Franklin, CEO of Sovos Accordance, said, “VAT legislation is complex and constantly changing, and businesses need the support of both managed services and technology to trade confidently across Europe. As a global company focused on the full scope of VAT compliance needs, Sovos represents an opportunity for our clients, with a single partner for tax compliance everywhere they do business.”

Read the article in full at Consultancy UK 

 

By |July 23rd, 2020|