Meridian Global Services has sold its VAT Reclaim business to VAT IT. Financial details have not been disclosed.
Meridian VAT Reclaim is an Ireland-based provider of international VAT services and business travel management solutions. The firm has been synonymous with foreign VAT reclaim for 25 years. With over US$2.5 billion in VAT successfully recovered for its clients, Meridian VAT Reclaim is the world's number one VAT recovery partner of choice to multinational, blue chip companies worldwide.
VAT IT is a global leader in cross-border VAT and tax recovery. The company maximizing tax recovery end to end through its industry-leading technology, ensuring full compliance. VAT IT serves over 8,000 clients in 100 countries worldwide. These range from small and medium-sized enterprises to large multinational corporations, across a wide range of sectors.
Meridian Global Services' core business is focused on providing a range of international VAT and Travel and Expense (T&E) compliance and consulting services.
Oaklins' team in Ireland advised the seller in this transaction.
© 2019 Oaklins. All rights reserved. Oaklins is the collective trade name of independent member firms affiliated with Oaklins International Inc. For details of the nature of affiliation, please refer to www.oaklins.com/legal.