Go to deals
Business Support Services | Private Equity

Tax Credit Co. has been acquired by Veronis Suhler Stevenson

Tax Credit Co. (TCC) has been recapitalized through an investment by VSS Structured Capital II, an investment fund affiliated with Veronis Suhler Stevenson (VSS). Financial details of this transaction have not been disclosed.

Los Angeles-bassed TCC is a national provider of tax incentive consulting, administration and technology, serving clients from Fortune 100 to small businesses. The company helps clients increase earnings by optimizing the process of obtaining state and federal tax incentives, including state enterprise zone tax credits, state and federal research and development tax credits, national hiring incentives such as the Work Opportunity Tax Credit (WOTC) and other state and federal programs.

VSS is a private equity and debt capital fund management company dedicated to investing in the information, education, media, marketing and business services industries in North America and Europe. VSS provides capital for buy-outs, recapitalization, growth financing and strategic acquisitions to companies and management teams.

Oaklins' team in Los Angeles advised the seller in this transaction, identifying the right partner and managing interest from a strategic party that had initiated several pre-emptive conversations with the shareholders.

Parties

Talk to the deal team

Eduard Bagdasarian

Managing Partner
Los Angeles, United States
Oaklins Intrepid

Steven Davis

Managing Director
Los Angeles, United States
Oaklins Intrepid

Gary S. Rabishaw

Managing Director
Los Angeles, United States
Oaklins Intrepid

Related deals

iwell raises US$31 million to deploy its leading European smart battery storage solutions into new markets
Private Equity | Construction & Engineering Services | Energy | TMT

iwell raises US$31 million to deploy its leading European smart battery storage solutions into new markets

iwell, a developer of smart energy management (EMS) and battery storage systems (BESS), has successfully closed a US$31 million (€27 million) funding round. The round was led by Meridiam, with Invest-NL and Rabobank participating, alongside existing investors.

Learn more
Largest AIM IPO in the business support services sector over the past five years has been completed
Business Support Services

Largest AIM IPO in the business support services sector over the past five years has been completed

MHA plc raised US$131 million (£98 million) through a placing and retail offer, achieving a market capitalization of approximately US$363 million (£271 million) on admission. This was the largest AIM IPO in the business support services sector over the past five years. The IPO provides a platform for continued investment in technology, talent and acquisitions, supporting the group’s ambition to become a top 10 UK professional services firm.

Learn more
Chequers Capital has acquired Gourmet Italian Food to strengthen presence in the ready meals sector
Private Equity | Food & Beverage

Chequers Capital has acquired Gourmet Italian Food to strengthen presence in the ready meals sector

Chequers Partenaires S.A., acting as the management company of the private equity fund Chequers Capital XVIII SLP, together with management, has completed the acquisition of 100% of the share capital of Gourmet Italian Food S.p.A. (GIF). The company was previously owned by Alcedo SGR S.p.A. through the Alcedo IV Fund, FVS SGR S.p.A. through the Sviluppo PMI Fund, and minority shareholders.

Learn more