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