EQT has become an anchor investor in WTS Group to strategically accelerate its growth in the tax advisory industry.

Information on the Target

WTS Group ("WTS" or the "Company") is a prominent full-service provider of tax and complementary financial advisory services, founded in Munich in 2000. Over the years, WTS has established itself as a leading independent player in the tax advisory sector, currently boasting 14 locations across Germany, employing over 1,500 professionals, and generating annual revenues of approximately EUR 250 million. The Company specializes in delivering high-end advisory services tailored for complex situations, serving a clientele that includes 95% of the DAX40 companies and numerous medium-sized global leaders.

WTS is recognized for its technology-oriented advisory approach and has been a pioneer in digitalizing the tax consultancy industry, notably through its innovative AI solutions for tax functions, branded as ‘plAIground’. This commitment to incorporating cutting-edge technology into tax advisory practices underscores its leadership in the sector.

Industry Overview in Germany

The tax advisory industry in Germany is characterized by ongoing transformation, largely driven by technological advancements and regulatory changes. With an increasingly complex regulatory landscape, businesses ar