ARX Equity Partners has acquired a majority stake in Hungarian tax and financial consulting firm WTS Klient, aiming to enhance its growth and technological capabilities in the industry.

Target Information

The target of this acquisition is WTS Klient, a Hungarian tax and financial consulting firm, which operates under the Klient Holding. Established 23 years ago, WTS Klient has seen consistent organic growth, establishing itself as a key player in the complex economic advisory market in Hungary. The company currently employs around 120 professionals and boasts an annual turnover exceeding 1.7 billion HUF, making it one of the strongest partners in Central and Eastern Europe as part of the WTS Global network.

Industry Overview in Hungary

The financial consulting industry in Hungary has evolved significantly over the past few decades, driven by various regulatory changes and increasing demand for specialized advisory services. The sector is characterized by a mix of local firms and international networks, providing a broad range of services, including tax advisory, payroll management, and financial consulting.

In recent years, the industry has primarily concentrated on enhancing technological innovations and adapting to new market challenges. As businesses increasingly