Deloitte acquires R&D tax boutique
Expanded team further enhances Deloitte’s capabilities to serve companies in the Lower Mainland
Deloitte acquires Paramount Refund Management, an SR&ED (Scientific Research & Experimental Development) tax boutique in Lower Mainland British Columbia.
Vancouver, July 2, 2014 — Deloitte announced today that it has acquired Paramount Refund Management Ltd., a locally owned tax boutique firm in Langley, British Columbia that helps small and mid-sized businesses with research and development tax claims. By augmenting its R&D tax expertise, Deloitte is enhancing its ability to serve private companies in B.C.’s Lower Mainland.
“We’re excited to welcome Peggy Aulenback and the Paramount team to our tax practice,” said Heather Evans, national Tax leader for Deloitte in Canada. “The acquisition is a strategic investment in better serving the needs of small and mid-size businesses in high-growth markets such as the Lower Mainland. Peggy has a long history of helping private companies make successful claims for R&D tax credits.”
“This move brings a host of benefits to clients, who will have access to the broader experience and deeper knowledge base of a large global firm,” said Peggy Aulenback, president and founder of Paramount. “Our clients will get the resources of a big firm combined with the local industry knowledge and personal service of a small firm, which gives them the best of both worlds.”
This is Deloitte’s seventh acquisition since early 2013. Earlier this year, Deloitte acquired a crisis management boutique in Calgary and a provider of legal document review services in Toronto. Such transactions are supported by Deloitte’s Corporate Development Office (CDO), which actively pursues and responds to merger, acquisition and alliance opportunities that align with the firm’s commitment to client service excellence. “We welcome the added expertise that Paramount is bringing to the firm,” said Alexandre Baril, Deloitte’s Corporate Development Officer.
Deloitte, one of Canada's leading professional services firms, provides audit, tax, consulting, and financial advisory services. Deloitte LLP, an Ontario limited liability partnership, is the Canadian member firm of Deloitte Touche Tohmatsu Limited.
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