Springline Advisory acquired Infinity Globus and Smart Accountants, both based in Ahmedabad, India, expanding the firm's international reach.
Infinity Globus provides outsourced tax and accounting services. Smart Accountants provides international tax and business formation services for businesses. Together, they add 191 employees to Springline, bringing the total count to 750 employees. Terms of the deal were not disclosed.
"This collaboration represents an opportunity to augment our global capabilities while staying true to our foundational values," Vivek Shah, founder and owner of both Infinity Globus and Smart Accountants, said in a statement. "By joining forces with Springline, we're gaining access to enhanced resources and expanded market reach that will drive innovation in our client services. Most importantly, this partnership allows us to maintain our commitment to our team's professional growth and development while delivering exceptional value to clients across borders."
Springline Advisory is a Top 100 Firm, reporting $89 million in revenue. It was
"What sets Infinity Globus and Smart Accountants apart is not only their outstanding technical excellence, but also their proven ability to attract, develop and retain top talent," Springline Advisory CEO Tim Brackney said in a statement. "This partnership brings new dimension to our talent strategy and extends our client service capabilities across continents, allowing us to deliver greater value at scale."
The firm has made a number of M&A deals, such as adding
