TMF Group is a multinational professional services firm headquartered in Amsterdam, the Netherlands. The independent group provides accounting, tax, HR and payroll services to businesses operating on an international scale. TMF Group, with 125 offices in 83 jurisdictions, employing approximately 7,000 people, provides compliance and administrative services to over 15,000 clients in a €10 billion market.
|Mark Weil (CEO), David Cooke (COO)|
Accounting and reporting services|
Corporate secretarial services
Structured finance services
International VAT & IPT Services
Intellectual property licensing and collection services
Human resource and payroll administrative services
Domiciliary and management services
International incorporation services
Process agent services
Registrar and shareholder services
Fund administration services
Real Estate Investment services
Private client services
|Revenue||€ 529 million (2017)|
|311,3 million (2015)|
Number of employees
The company was founded in The Netherlands in 1988. Between 2006 and 2009, when Pernille Fabricius sat as Group CFO & COO and Board member, TMF Group made 47 acquisitions including departments of Ernst & Young, KPMG, Grant Thornton and Baker Tilly in countries like Brazil, Argentina, Mexico, China and Australia.
In October 2008, British private equity firm Doughty Hanson & Co bought TMF Group for €750 million. In January 2011, Doughty Hanson completed its €350 million acquisition of Equity Trust. This paved the way for TMF Group's merger with Equity Trust, which was completed at group level in June 2011.
In 2015, TMF Group acquired the Brazilian business process outsourcing unit from PwC, including delivery centers in Barueri, Rio de Janeiro and Ribeirão Preto, providing business process outsourcing services in finance & accounting, human resources, tax and compliance.
TMF GROUP ACQUIRED BY CVC CAPITAL PARTNERS London, 27 October, 2017: TMF Group, a global provider of compliance and administrative services, has today announced its acquisition by CVC Capital Partners (CVC), one of the world’s leading private equity and investment advisory firms for a total consideration of €1.75bn. The acquisition will allow TMF Group to capitalise on significant future growth opportunities that exist in its markets as it scales its global platform, adds new clients and services, and continues to attract and retain the very best talent in the industry. The transaction is subject to customary regulatory and anti-trust approvals.
The group's main services are accounting, tax, HR, payroll and corporate secretarial.
Other services relates to structured finance, international structuring, international incorporations, fund administration, private equity, real estate investments and IP licensing and collection.
- "Doughty Hanson to Acquire TMF for €750 million". Doughty Hanson. Retrieved 2013-09-11.
- TMF Group Acquisitions
- TMF Group Buys PricewaterhouseCoopers’ Brazilian BPO Unit