Apex Group continues US growth with acquisition

FTS provides comprehensive tax planning, tax compliance, and tax structuring for Private Equity Funds, and Real Estate Funds in the Alternative Investment Industry. These services are underpinned by leading technology to deliver services in a secure and efficient manner and provide seamless integration of fund partnership accounting into the partnership tax platforms. This strategic acquisition serves to further strengthen Apex’s offering for clients in the US market and enhances its ability to offer a comprehensive and high-quality service to clients of all sizes, delivered by local market experts. This dedicated tax offering complements Apex’s existing range of US tax preparation services and support, including the preparation and filing of IRS Form 1065 with related Schedule K-1s plus and issuance of PFIC statements for US investors in offshore funds. The addition of the FTS business broadens the Group’s existing presence in the US through the addition of its offices in New York, Greenwich, Boston, Portland and Coral Springs and over 50 employees, increasing the Group’s Americas headcount to over 600 people. Please read the full press release here.