November 11, 2021
Cambridge, UK – Confluence Tax has today announced it is to merge with a US counterpart, Frazier & Deeter, headquartered out of Atlanta, Georgia.
Confluence Tax founder Colin Hailey will continue to lead the firm from its office in Cambridge, while working closely with the existing UK office of Frazier & Deeter, located in London. The firm entered the UK in 2019 under the leadership of Malcolm Joy, who was previously head of the UK Life Sciences sector for a global accounting firm.
It has long been the ambition of Confluence Tax to offer services wider than just UK tax advice and merging with Frazier & Deeter will enable clients to continue to benefit from everything the firm already offers, but with access to an expanded range of services and global expertise.
The merger will enable Confluence Tax to not only offer clients a full suite of UK tax services, but many new services, including assistance with US tax, US IPO financial support, public and private company audits, transfer pricing and US/UK company restructuring.
“Our team is excited to become part of Frazier & Deeter. The merger provides a platform for growth for our clients as well as our people. Many of our clients expand into the US, enter into complex US transactions or are heading towards an IPO. We are thrilled to now be able to offer a wider range of services to support them on this journey,” said Colin Hailey.
Merging the Confluence Tax team with the existing Frazier & Deeter UK operation will greatly expand the practice to become one of the largest technology and biotechnology tax and structuring firms globally.
Malcolm Joy, Lead Partner for Frazier & Deeter in the UK noted, “Our international specialists have been working closely with Confluence Tax to serve their clients for some time now, and we know their team shares Frazier & Deeter’s values. We are delighted to add the Confluence Tax team to our firm.”
It is business as usual for Confluence Tax and our team will continue to operate out of the Cambridge office, but as a member of the Frazier & Deeter family of brands. Our contact details remain the same and you can find all the team members on our website https://www.confluencetax.com/confluence-tax-team/
About Confluence Tax
Confluence Tax was founded in 2010 as the only UK advisory firm to provide tax advice to businesses and individuals specifically within the technology and life sciences industries. The expert team has a deep understanding of companies operating within the knowledge economy and can advise on all aspects of tax and company structuring that are pertinent to this space. The award-winning Confluence Tax team operates out of a Cambridge office while serving clients all across the UK.
Confluence Tax is a member of the UK BioIndustry Association and a member of One Nucleus.
About Frazier & Deeter
Frazier & Deeter is ranked among the top 50 accounting and advisory firms in the United States, with nine offices in the US serving thousands of clients around the world. The firm provides a wide range of tax, audit, accounting and advisory services to serve the emerging needs of clients as their companies evolve and expand. Frazier & Deeter and its FD family of brands have offices across the United States and now two in the United Kingdom. The firm has been recognised repeatedly as a Best of the Best accounting firm, a Best Firm to Work For in the US and a Best Firm for Women in Leadership. Frazier & Deeter’s brand promise is Investing in Relationships to Make a Difference™.