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 BoyarMillar (Houston, TX), led by attorney and shareholder Larry Wilson.