alliantgroup, a Houston-based nationwide tax-consulting services firm, made two big announcements last week.
On March 22, the firm announced it had acquired ForrestBrown, the only chartered tax advisory firm specializing exclusively in research and development tax credits in the U.K. The value of the deal was not disclosed in alliantgroup’s press release.
ForrestBrown now is a wholly owned subsidiary of alliantgroup, though it retains its brand, all 63 employees and U.K. headquarters. The firm has doubled in size for each of the past five years, per the release.
In addition to complementing alliantgroup’s expertise in U.S. federal and state tax incentives, the deal will help alliantgroup further promote job creation and innovation, alliantgroup CEO Dhaval Jadav said in the release, though specific details were not provided.
“We are excited about the value-add this brings for alliantgroup’s U.S. clients with a U.K. presence and vice versa,” Jadav said in the release.
One day earlier, alliantgroup also announced former U.S. Secretary of Homeland Security Tom Ridge had joined the firm’s strategic advisory board. Ridge is the board’s new chairman of cybersecurity and technology, per a March 21 press release.
Ridge served as the nation’s first secretary of Homeland Security from 2003 to 2005 and as governor of Pennsylvania from 1995 to 2001. Currently, he is the founder and chairman of Ridge Global LLC, a Washington, D.C.-based security-consulting firm.
“From his time with the Department of Homeland Security to his current work in the private sector with Ridge Global, Tom has established himself as a true thought leader in the area of cybersecurity,” Rick Lazio, a former U.S. congressman and current alliantgroup senior vice president, said in the March 21 release. “I have been friends with Tom for many years, I have witnessed his passion for cybersecurity and technology, and I have long known him to be a champion for U.S. businesses and economic progress. I have no doubt he will bring a fresh perspective to our clients and improve our outreach to this vital industry.”