TLT advises K3 Capital Group on acquisition of HMA Tax (International) Limited

TLT has advised multi-disciplinary professional services firm, and long-standing client, K3 Capital Group on its acquisition of capital allowance advisory specialists HMA Tax, reflecting the firm’s strengths in M&A activity.

HMA Tax was established in 2014 and, led by its founders (who will continue to lead the practice within the K3 Group), has become one of the UK’s foremost independent experts in capital allowances, advising commercial property owners and investors, as well as helping many of the UK’s leading law firms and accountants. Following the acquisition, which will support the growth and development of HMA Tax, the business will also benefit from K3 Capital Group’s existing central services, marketplace and sector expertise.

The acquisition strengthens K3 Capital Group’s offering in the tax advisory sector and brings a new and ambitious workstream into the K3 Group. TLT advised on all legal aspects of the acquisition, including legal due diligence and providing tax advice.

The team was led by corporate partner Ian Roberts with support from Senior Associates Seraphina Wilkins-Tolliday and Sam Jones and Associate James Pike from the corporate team. The acquisition also involved cross-practice expertise from TLT’s tax, employment, commercial, tech and real estate teams.

John Rigby, Executive Chairman of K3, said: “We are delighted to welcome HMA Tax to the K3 Group. There is crossover with existing K3 businesses, but we see the HMA Tax brand as highly accretive and with considerable growth opportunities. We believe that with access to central services such as Data, Marketing, HR, and IT, HMA Tax can accelerate its growth opportunities within the SME marketplace.

“We would also like to extend our thanks to TLT for their excellent service throughout the transaction. Their knowledge and experience were central to ensuring that the process proceeded smoothly.”

Ian Roberts, corporate partner at TLT commented: “This is the latest in a long line of acquisitions by K3 Capital Group, which will inevitably add value and expertise to the group. It’s been a pleasure supporting the K3 Group on this latest transaction, which will also allow HMA Tax to continue on its trajectory of growth.”