Edinburgh tax credit firm ABGI UK heads down growth trail

Research and development tax credit specialist ABGI UK is eyeing further acquisition opportunities after completing the integration of Hereford-based peer MSC Associates.

ABGI UK chief executive Scott Henderson.

Edinburgh-headquartered ABGI UK, formerly Jumpstart and part of the ABGI Group, advises clients across the UK through its network of regional offices.

Earlier this year, the firm acquired MSC, a business established in 2012 by Mick Merrick, Steve Crooks and Chris Pinches, exclusively focused on managing clients’ R&D tax relief claims.

With MSC’s operations now integrated into its new owner’s business, ABGI UK has set out its stall to further expand its presence.

Chief executive Scott Henderson said: “ABGI UK continues to go from strength to strength. Following our successful acquisition and integration of MSC, whose founding directors worked closely with us before exiting the business, we are seeking new opportunities for growth across the UK.

“Where we find an ideal fit and close cultural alignment, we will be looking to make further acquisitions.

“At a time of economic uncertainty, more and more UK businesses will need to focus on innovation and also ensure they secure the many support measures that are available to help them in that process. This funding for innovation is now critical to businesses emerging from the pandemic and facing a potential impact from Brexit at the end of this year. This challenging environment creates significant growth opportunities for high quality advisory businesses like ours,” he added.

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