Accountancy group Dains has continued its expansion mission with a new deal.
The Birmingham-based practice has bought out independent consultancy TBAT Innovation in an undisclosed acquisition.
The Castle Donington outfit was founded in 2002 and helps clients access research and development tax incentives, grant funding and innovation support in sectors such as engineering, software and health.
The TBAT team will continue to operate under the leadership of founder Sam Stephens alongside managing director Ryan Mouncy and finance chief Elaine Williams.
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Mr Stephens said: "Joining Dains marks an exciting new chapter. We've always been passionate about helping businesses unlock funding and maximise the opportunities that come from innovation.
"Dains allows us to bring that expertise to even more clients, supported by the strength and reach of a respected national advisory firm.
"Both teams share a commitment to building lasting relationships, delivering clear, pragmatic advice and putting clients' ambitions at the heart of everything we do.
"Together, we're in a stronger position than ever to support businesses across the º£½ÇÊÓƵ in turning ideas into successful, sustainable growth."
This is the third acquisition by Dains since it took on fresh private equity investment from London-based IK Partners last year.
Chief executive Richard McNeilly added: "TBAT's leadership team shares our client-centric mindset and commitment to delivering valuable advice.
"Its expertise in R&D tax incentives, grant funding and innovation support will not only strengthen our specialist tax and advisory services but also open new opportunities for clients to access funding that fuels growth.
"With a proven track record, deep sector knowledge and a strong partner network, TBAT provides an exciting platform for expansion across the º£½ÇÊÓƵ.
"Together, we can deliver exceptional value, unlock new opportunities for businesses, and champion the innovation that drives our economy forward."
Advisers on the deal were Cyber Crowd, DSW, Mercia, PDW, PKF Smith Cooper and Smith Partnership.
