Integration of Roll Up for PE-backed Professional Services Firm

Virtas Partners was engaged by a large PE-backed professional services firm to lead the integration of its roll up of an acquired tax services firm. 

Client Need

Our PE-backed client needed support integrating people, process, and technology for a recently acquired tax firm.  Virtas led the IMO, coordinating a physical office move, onboarding new staff, and facilitating data conversion to the acquirer’s firm management platform. Virtas quickly set up a program to identify and onboard conveying tax service clients, delivery updated client documentation, digitize records, support the decommissioning of a legacy office and consolidate into a combined regional hub. The acquisition occurred during the year-end tax filing period and so the transition to the client’s platform and physical move needed to occur without disruption to the target’s client service delivery.

Tailored Solutions

  • Developed a rapid approach and templates for document retention and data transition that allowed the acquiree’s team to continue providing tax services to their clients without disruption.
  • Transitioned 1,300 clients to the acquirer’s tax engagement management platform
  • Coordinated vendor transition and physical office move
  • Facilitated the on-boarding and training of acquiree management on acquiror’s technology and tax management process

Value to client

  • Led rapid integration of acquiree’s people, process and technology to acquiror’s platform
  • Defined a document retention and disposal approach that can be replicated for future integrations
  • Enhanced communication and alignment between target and acquirer’s leadership

Capabilities

  • Integration management office
  • Business services expertise
  • Change Management
  • Digitization and platform integration
  • Physical and technology relocation