Baker Tilly Roelfs Mergers with TPW Group
Baker Tilly Roelfs (Germany) and TPW Group have announced it will merge effective immediately. This strategic merger is a logical expansion of the existing consultancy and service offering, both in terms of services and geographic locations.
TPW Group’s 20 partners and 250 employees will join the Hamburg office. The annual revenue will now sum up to € 135 million for Baker Tilly Roelfs in Germany. After the transition period, TPW will operate under the Baker Tilly Roelfs name.
Commenting on the merger, Ralf Gröning, a member of Baker Tilly Roelfs' two-person management board, said: “For both Baker Tilly Roelfs and TPW this strategic merger will bring numerous advantages, from which particularly our clients will benefit. Together, we will be meeting market requirements even more effectively with integrated solutions. We will have a personal presence at a local level as well as a global presence through our membership of the Baker Tilly International network.”
The range of services provided by the TPW Group comprises of auditing, tax consulting, legal advice and financial services. With a strong focus in the maritime sector, TPW have been developing and expanding its legal and tax consultancy services in other areas such as the real estate sector.
The two firms will create a broadly based platform for their market presence and consulting services in Hamburg and the north of Germany. Baker Tilly Roelfs and TPW are both committed to the same high standards of quality and to the declared aim of developing optimal solutions for their clients from a single source and based on interdisciplinary collaboration.