EQT X Fund has acquired a significant stake in WTS Group, a leading German tax and financial advisory firm, to accelerate its growth and expand its presence in Europe.

Target Information

EQT X Fund has negotiated a strategic partnership with WTS Group, acquiring a significant stake in the esteemed German tax and financial advisory firm. This transaction aims to enhance WTS's growth trajectory and broaden its footprint across Europe. Founded in 2000 and headquartered in Munich, WTS has established itself as a reputable player in the financial consulting sector.

Employing over 1,500 professionals across 14 offices in Germany, WTS generates approximately €250 million in annual revenue. The firm delivers premium tax and financial advisory services, catering to 95% of the DAX40, alongside numerous prestigious global mid-market enterprises. This partnership positions WTS for greater expansion in the international market.

Industry Overview

The tax and financial advisory industry in Germany has shown resilience and adaptability over the years, particularly as firms navigate complex regulatory environments and increased internat