ABGI UK expands into Northern Ireland with Acquisition of IFTC

ABGI UK has declared its ambition to establish itself as a significant player in innovation funding in Northern Ireland with the acquisition of IFTC, a local R&D Tax Credit and Patent Box specialist.

25 October 2021

Scott Henderson (smallerMB)

When asked about the acquisition Ian Farley, founder and MD of IFTC, said “ABGI is a perfect partner  for us. Both companies share similar focus on the technical expertise of our consultants and are  committed to delivering outstanding service levels, which I believe will be invaluable in ensuring  Northern Irish engineering and manufacturing companies maximise their benefit from innovation tax  incentives, such as R&D tax relief and Patent Box.

Established in 2008, ABGI UK has over 70 staff, with offices in London, Birmingham, Manchester, Newcastle, Edinburgh and now in Newtownards. Like us, they have a highly experienced and qualified team of engineers, scientists and software specialists, which is key to preparing robust, defensible R&D tax claims for companies.

R&D tax relief remains at the core of our business, but we also offer a wider range of innovation funding services including Grant Funding, Patent Box and Capital Allowances to help Northern Irish  companies accelerate growth and remain competitive in an increasingly challenging and volatile  environment.

We are excited at the prospect of intensifying our support for ADS Group members in Northern Ireland.”

ABGI has been an active member of ADS Group for over 5 years including active membership in several special interest groups including aircraft interiors group, Aerospace 4.0, Maritime Interest group and NATEP PRP group. ABGI's acquisition of IFTC will create more opportunities to get further  involved in supporting ADS Group and its members, helping companies within the aerospace sector  and across related industries navigate the complexities of managing different sources of funding,  and ensuring that successful applicant companies maximise the benefits of all available sources to  accelerate their innovation activities.

Article originally published on ADS Advance

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