Funding consultancy Ayming UK has purchased Amplifi, a tax incentive advisory firm based near Belfast, for an undisclosed sum.
Founded in 2014, Amplifi operates as an innovation and tax incentives specialist supporting businesses across the UK and Ireland.
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The company helps clients access R&D tax relief, R&D tax credits, grants, capital allowances, the Patent Box, and the Knowledge Development Box.
The acquisition forms part of Ayming’s broader strategy to expand its operational footprint across the UK.
The deal also increases its total workforce by nearly 30% and provides it with a base near Belfast to serve businesses in Northern Ireland.
Further, the site will support further commercial development in the Republic of Ireland, where both organisations already hold client accounts.
Ayming UK managing director Mark Smith said: “Belfast, and Northern Ireland more broadly, has become a real hub for R&D and innovation, with an exceptional talent pool and entrepreneurial spirit.
“By bringing Amplifi into the Ayming Group, we’re strengthening our presence in this growing market while expanding our UK-wide offering and giving businesses access to the specialist support they need, whatever the size or complexity of their R&D tax claim.
Moving forward, the businesses plan to establish dedicated centres of excellence to provide technical support tailored to the specific size and complexity of each claim.
Amplifi managing partner Jeff Drennan said: “Delivering high-quality, personal service has always been at the heart of what we do at Amplifi.
“Joining the Ayming Group will enable us to build on everything that we’ve achieved so far, while giving our clients and colleagues access to the expertise and resources of a much larger international business.
“We’re excited about this next chapter and the opportunities it brings to further support the brilliant innovation taking place across Northern Ireland and beyond.”
