Calfee Halter & Griswold LLP

05/02/2024 | Press release | Distributed by Public on 05/02/2024 16:09

Calfee Client Align Capital Partners Forms Specialty Tax Consulting Platform With Acquisitions of Cost Segregation Services, Inc. and TaxIncennovations, LLC

Calfee News
05.02.2024

Calfee client Align Capital Partners (ACP), a growth-oriented, lower middle market private equity firm committed to investing in high-impact professional services companies, recently announced its formation of a specialty tax consulting platform with the acquisitions of Cost Segregation Services, Inc. (CSSI) and TaxIncennovations, LLC. Headquartered in Ohio and founded in 2016, ACP manages $1.6 billion in committed capital with investment teams in Cleveland and Dallas.

CSSI is a technology-enabled provider of cost segregation studies and other specialty tax services for U.S. commercial and residential properties, specifically focused on studies for commercial properties valued at $200,000 - $1.5 billion. Based in Louisiana, CSSI has more than 60 employees and a network of more than 300 independent contract sales representatives.

In addition to the investment in CSSI, ACP also supported the company's acquisition of Texas-based TaxIncennovations, which expands the platform's core service offering to include research and development tax credit and energy efficiency tax deduction consulting services.

Calfee's legal team was led by Firm Vice Chair and Corporate and Finance Partner Terrence F. (Terry) Doyle and included Partners Adam Pretty and Salvatore J. (Sam) Totino and Associate Attorney Alexis D. Bovell. The Tax Law team included Partner Michael K. (Mike) Gall and Associate Attorney Piljung (Kevin) Kang. The Commercial Finance team included Corporate and Finance practice group Vice Chair and Partner Ann Z. Seger and Associate Attorney Terrence J. (TJ) Killeen, Jr.

Read the full news release.

You May Also Be Interested In