PPJ Oiltax Partners LLP (PPJ) has acquired the business and assets of specialist tax consultancy firm CW Energy LLP (CWE) from legal, accounting, financial services, consulting and pension advice services company, The Ince Group plc (Ince Group).
Thomson Snell & Passmore advised PPJ on the acquisition, after it originally sold CWE to The Ince Group in November 2017. CWE provides specialist taxation services to companies in the energy sector, primarily in the oil and gas industry.
Jason Varney, Partner in the Corporate department led the project team at Thomson Snell & Passmore and was assisted primarily by Rosie Haines, Senior Associate (Corporate) and Luke Guinan, Solicitor (Corporate).
Phil Greatrex, a Partner of PPJ, comments: “We are looking forward to developing the business as an independent practice again, after five years of it being part of The Ince Group. I’d also like to pass on my thanks to Jason and the team at Thomson Snell & Passmore for their responsiveness and clear practical advice.”
Commenting on the acquisition, Jason Varney at Thomson Snell & Passmore says: “We are pleased to support the Partners of PPJ Oiltax Partners LLP as they reacquire the CW Energy business from The Ince Group. We wish them all the best and look forward to seeing the business develop under their leadership.”