The TaxAssist Group completed three acquisitions in early July, purchasing practices from its franchisees in Norwich, Cambridge and Kingswinford & Wolverhampton.
Group Chief Executive Officer, Daren Moore FCCA, said: “The Group’s strategic plan sets out our ambitions to build scale and profitability through three critical objectives – the further development of our franchise networks, the building of complementary businesses to support these networks and the creation of a direct provisioning model.
“In a boost to our direct provisioning plans, I am pleased to announce the acquisition of three exceptionally well-run practices from Jeremy Gilks, Richard and Yvonne Brookes and Lloyd and Sue Evans. All three practices met our key acquisition criteria and will immediately boost The TaxAssist Group’s profitability, as well as providing access to high-performing, efficient operations and experienced staff.
“The Group now operates eleven franchise territories across the UK. We are selective in what we acquire, and these opportunities offer strong potential for continued growth as well as supporting the wider development of our networks in a live practice environment.”
The TaxAssist Group has a unique ownership structure among the franchise industry, being part owned by franchisees. New franchisees operate their own local business as part of the TaxAssist network, and if they choose, have the opportunity to become a shareholder in The TaxAssist Group.
July 2025