TMF Group - Wikipedia

In January 2011, Doughty Hanson completed its €350 million acquisition of Equity Trust. This paved the way for TMF Group's merger with Equity Trust, ... TMFGroup FromWikipedia,thefreeencyclopedia Jumptonavigation Jumptosearch TMFGroupWorldwideIndustryProfessionalservicesFounded1988HeadquartersAmsterdam,NetherlandsKeypeopleMarkWeil(CEO),PatrickdeGraaf(CFO),ServicesAccountingandreportingservicesCorporatesecretarialservicesStructuredfinanceservicesInternationalVAT&IPTServicesIntellectualpropertylicensingandcollectionservicesHumanresourceandpayrolladministrativeservicesDomiciliaryandmanagementservicesEscrowservicesInternationalincorporationservicesProcessagentservicesRegistrarandshareholderservicesFundadministrationservicesRealEstateInvestmentservicesPrivateclientservicesRevenue€529million(2017)[1]Operatingincome311,3million(2015)Numberofemployees7,800(2019)[2]WebsiteTMFGroup TMFGroupisamultinationalprofessionalservicesfirmheadquarteredinAmsterdam,Netherlands.Theindependentgroupprovidesaccounting,tax,HRandpayrollservicestobusinessesoperatingonaninternationalscale.TMFGroup,with125officesin83jurisdictions,employingapproximately7,800people,providescomplianceandadministrativeservicestoover15,000clientsina€10billionmarket.[3]Italsohasover€125billioninAssetsUnderAdministration(AUA).[4] Contents 1History 2Servicelines 3References 4Externallinks History[edit] ThecompanywasfoundedinTheNetherlandsin1988.[5]Between2006and2009,whenPernilleFabriciussatasgroupCFO&COOandboardmember,TMFGroupmade47acquisitionsincludingdepartmentsofErnst&Young,KPMG,GrantThorntonandBakerTillyincountrieslikeBrazil,Argentina,Mexico,ChinaandAustralia.[6] InOctober2008,BritishprivateequityfirmDoughtyHanson&CoboughtTMFGroupfor€750million.[5]InJanuary2011,DoughtyHansoncompletedits€350millionacquisitionofEquityTrust.ThispavedthewayforTMFGroup'smergerwithEquityTrust,whichwascompletedatgrouplevelinJune2011.[citationneeded] In2015,TMFGroupacquiredtheBrazilianbusinessprocessoutsourcingunitfromPwC,includingdeliverycentersinBarueri,RiodeJaneiroandRibeirãoPreto,providingbusinessprocessoutsourcingservicesinfinance&accounting,humanresources,taxandcompliance.[7]In2017,TMFGROUPwasacquiredbyCVCCapitalpartners.[8] On11August2021,accordingtoareportpublishedbytheBudgetaryMonitoringForum(FMO),aDutchappealscourtupheldafineimposedbytheDeNederlandscheBank(DNB)againsttheTMFgroupforfailingsinduediligencerelatedtothescandalofMozambique'shiddendebts.ThescandalinvolvedatleastthreecorruptofficialsfromCreditSuisse,whohaveadmittedtotakingbribes,andofficialsoftheAbuDhabibasedgroup,Privinvest,notablyJeanBoustani.[9] Servicelines[edit] Thegroup'smainservicesareaccounting,tax,HR,payroll,andcorporatesecretarial. Otherservicesrelatestostructuredfinance,internationalstructuring,internationalincorporations,fundadministration,privateequity,realestateinvestmentsandIPlicensingandcollection. References[edit] ^https://www.tmf-group.com/en/news-insights/press-releases/2017/april/tmf-group-reports-record-financial-performance/ ^https://www.tmf-group.com/en/news-insights/press-releases/2019/september/tmf-group-gains-regulatory-approval/ ^https://investors.tmf-group.com/tmf-news-release ^"TMFGroupinksdealtoacquireSelectra".30September2020. ^ab"DoughtyHansontoAcquireTMFfor€750million".DoughtyHanson.Retrieved2013-09-11. ^TMFGroupAcquisitions ^TMFGroupBuysPricewaterhouseCoopers’BrazilianBPOUnit ^https://investors.tmf-group.com/tmf-news-release ^"Mozambique:DutchCompanyFinedforRolein'HiddenDebts'".AllAfrica.Retrieved11August2021. Externallinks[edit] TMFGroup Retrievedfrom"https://en.wikipedia.org/w/index.php?title=TMF_Group&oldid=1080230223" Categories:Financialservicescompaniesestablishedin1988Consultingfirmsestablishedin1988AccountingfirmsoftheNetherlandsInternationalmanagementconsultingfirmsCompaniesbasedinAmsterdamManagementconsultingfirmsoftheNetherlands1988establishmentsintheNetherlandsCompaniesestablishedin1988Hiddencategories:AllarticleswithunsourcedstatementsArticleswithunsourcedstatementsfromSeptember2020 Navigationmenu Personaltools NotloggedinTalkContributionsCreateaccountLogin Namespaces ArticleTalk English Views ReadEditViewhistory More Search Navigation MainpageContentsCurrenteventsRandomarticleAboutWikipediaContactusDonate Contribute HelpLearntoeditCommunityportalRecentchangesUploadfile Tools WhatlinkshereRelatedchangesUploadfileSpecialpagesPermanentlinkPageinformationCitethispageWikidataitem Print/export DownloadasPDFPrintableversion Languages DeutschEspañolفارسیFrançaisNederlands Editlinks