Dains makes swoop for VAT specialist

The group behind Dains Accountants has announced the acquisition of an NHS VAT specialist.

The Dains Group is to take over CRS VAT, with the backing of Horizon Capital.

Richard McNeilly, chief executive at Dains, said: “What attracted Dains to CRS VAT is their commitment to technical excellence and client service; they stay abreast of NHS client needs and legislative changes to develop solutions to address client challenges.

“With a focus on the NHS, CRS VAT has become a leading VAT service provider for the sector, delivering increased VAT recovery and tailored advisory services.

“The team is a natural fit, complementing Dains’ expertise in providing services to the public sector following the acquisition of Opto Group in 2023.”

Luke Kingston, partner at Horizon Capital, said: “Richard and the team at Dains have now completed their eighth acquisition and we are delighted to have supported the group to this milestone.

“We share everyone’s enthusiasm for the significant opportunities created by bringing such likeminded businesses together.”