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TMF Group and Equity Trust Merge to Create the Biggest Global Provider of Accounting, Legal and Payroll Outsourcing Solutions

January 21, 2012
TMF Group and Equity Trust Merge to Create the Biggest Global Provider of Accounting, Legal and Payroll Outsourcing Solutions

A world leader in corporate compliance and reporting has been created, following the merger at group level of TMF Group and Equity Trust. The two worldwide providers of global Accounting, Legal and HR and Payroll services work for over 50% of the Fortune 500 companies. 

The merged group will be known as TMF Group and have combined revenues in excess of ?400m. With more than 100 offices, in over 75 countries, it will offer clients and intermediaries a broad range of cross-border services across the globe. 

The new business will employ more than 4,000 people, made up of qualified accountants, lawyers, and corporate secretaries, HR and other professionals. These experts will help businesses expand seamlessly across borders, taking care of compliance requirements and other administration burdens, while allowing clients to focus on their global ambitions and core competencies. Services will include Accounting and Reporting, Legal Administration, HR and Payroll.

Commenting on the merger, Hugo van Vredenburch, co-CEO of TMF Group, said: “The new TMF Group is unique in its focus on helping businesses globalize. Our professionals around the world help clients expand seamlessly across borders. This is an historic moment for both businesses. Creating the world leader in this industry has been the ambition of both companies for several years, and today we have realised this goal. By merging our two businesses, we have created an international pool of professionals, focused on providing worldwide client solutions. Clients can now draw on the very best knowledge and expertise around the world, through a single point-of-contact, to help them achieve their goals".

Following the merger of TMF Group and Equity Trust and the exciting news about the new business opportunities for both employees and clients within the new Group, TMF Bulgaria would like to assure its business relations that the operations of the TMF Group in Bulgaria will not be directly affected or changed. The local team, office location and services shall remain the same and the Company shall continue providing high-end quality services to its Bulgarian and international clients, enhanced by the new stronger international team of professionals of TMF Group.


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