News

TRCG Advisors, LLC acquired by Alvarez & Marsal Taxand, LLC

HOUSTON, TEXAS (January 12, 2018) – Statesman Corporate Finance, LLC (“Statesman”) is pleased to announce that TRCG Advisors, LLC (“TRCG”), has been acquired by Alvarez & Marsal Taxand, LLC (“A&M Taxand”), an affiliate of the leading global professional services firm Alvarez & Marsal.

TRCG was founded in 2009 to advise small to mid-market companies in planning and claiming specialized tax credits and incentives – namely federal and state Research & Development Tax Credits, Cost Segregation Studies, 179D projects, and other tax incentive projects.  Since then, TRCG developed a sterling reputation for integrity, client service, and technical expertise.

Poised and eager for geographic and market growth, TRCG management looks forward to joining A&M Taxand’s Research Credits & Incentives Services (RCIS) group. Thirteen TRCG professionals will become part of the A&M Taxand team, with two of the original TRCG owners and founders – Tomas Nally and Andrew Murrell – joining the team as Managing Directors.

Commenting on the process, Tomas Nally of TRCG said, “From the beginning, the Statesman team made a dedicated effort to understand TRCG’s business model and value proposition, and successfully communicated them to potential buyers.  Throughout the process, Statesman provided us with valuable insight and guidance, culminating in a smooth and successful closing.”

About the other transaction participants

Statesman Corporate Finance, LLC  (Houston, TX) served as exclusive financial advisor to TRCG Advisors, LLC on this transaction and is the FINRA-licensed broker dealer affiliate of Statesman Business Advisors, LLC. With offices in Houston and Austin, Texas, Statesman is a leading middle-market investment banking firm providing merger and acquisition, capital formation, valuation and other general corporate financial advisory services to middle-market companies. The Statesman team advising on this engagement included Principal Will Jaco, Vice President Sirena Conkright, Vice President Peter Chiu, and Analyst Philip Rodgriguez.

Alvarez & Marsal Taxand, LLC is an independent tax group made up of experienced tax professionals dedicated to providing customized tax advice to clients and investors across a broad range of industries.  Its professionals extend A&M’s commitment to offering clients a choice in advisors who are free from audit-based conflicts of interest, and bring an unyielding commitment to delivering responsive client service.  A&M Taxand has offices in major metropolitan markets throughout the U.S., and serves the U.K. from its base in London.  A&M Taxand is an affiliate of Alvarez & Marsal, a privately-held leading global professional services firm that provides advisory, business performance improvement and turnaround management services.

Legal counsel to Alvarez & Marsal was provided by Gunster (Miami, FL), led by attorney and shareholder Maria Acevedo-Belt and attorney Stacie Townsend; and Brian Belt of Brian Belt Law (Miami, FL).

Legal counsel to TRCG was provided by BoyarMiller (Houston, TX), led by attorney and shareholder Larry Wilson.