Jumpstart, the UK’s fastest-growing Research and Development (R&D) tax credit business, is on the look-out for suitable acquisition candidates as it grows its highly successful business model and, at the same time launches an intensive sales campaign to bring its unique and professional offering to all parts of the UK.
The company, which has been winning clients at a prodigious rate on the back of its comprehensive, best-in-class service, is ramping up its sales capability by enhancing and building on its dedicated professional client engagement team.
Brian Williamson, Managing Director at Jumpstart, said: “We want to complement our proven strategy of rapid organic growth with one of growth by acquisition.
“The UK has a number of companies focusing in the R&D tax credit sector and we want them to know that we are in the market to acquire the most successful operators.
“There are still a great many innovative and exciting companies which are not being satisfactorily served by the current R&D tax relief sector and we want to apply our proven business model to them.
“They deserve the same success as existing Jumpstart clients and we want to bring our client engagement strategy of providing often game-changing new funds to new clients in every part of Britain.”
As part of its organic growth strategy, Jumpstart has recently recruited an additional two highly qualified Client Engagement Managers and is actively sourcing additional sector professionals to penetrate into every corner of the country.
The ambitious campaign for UK-wide coverage will enable Jumpstart to continue its successful campaign in the lucrative South-East and East of England markets, where it has made blistering headway into domains previously serviced by more traditional players.
Kevin Dixon, who recently joined the company as Sales and Marketing Director, said: “The growth trajectory of Jumpstart so far has been fuelled to a great extent by its unrivalled reputation for maximising both the R&D tax credit claim value and accuracy for our clients.
“That reputation will continue to go before us, but our new campaign will allow us to streamline and accelerate our processes and systems in an infinitely scaleable – but also sustainable – long-term approach.”
The team of Client Engagement Managers carry out initial assessments of clients’ R&D project activities and the opportunities therein for compliant and successful claims.
They will work closely with Jumpstart’s teams of highly qualified Technical Analysts – made up of sector experts with over 50 of the highest scientific qualifications between them. The team, the largest of any R&D tax credit advisory service in the UK, carry out a detailed assessment of the clients’ work to identify areas which qualify for relief through the government scheme.
It is this level of expertise – with the addition of Jumpstart’s hugely experienced associate Business Analysts located across the UK – which has taken the company from modest beginnings five years ago to challenge the existing R&D tax relief sector in all areas of the country.
Since its inception, Jumpstart has helped its clients recover more than £47 million in R&D tax relief and has identified more than £250 million in R&D expenditure.
The company was voted R&D Tax Advisor of the Year 2014 in the Business Excellence Awards and has recently received the prestigious Scottish Business Awards 2014 Customer Focus Award.