April 17, 2024
Acumen
London/Delhi, April 3rd 2024. TMF Group, a leading provider of compliance and business administration services around the world, today announced the acquisition of Seamless Global, the India-based accounting and payroll business of Sannam S4 Group.
Seamless Global provides a range of accounting and tax compliance and HR and payroll services to international clients with operations in India.
The acquisition further strengthens TMF Group’s delivery capability in India and demonstrates their continued commitment to this fast-growing market as well as to the APAC region, following their recent acquisition of KPK faServ India Private Limited in July 2023.
Commenting on the deal, TMF India Managing Director, Mohan Nair, said: “This acquisition highlights the enormous potential of the Indian market and TMF Group’s enduring commitment to growth in this region. It is also an opportunity to onboard an excellent portfolio of multinational corporations and to assist clients in different jurisdictions.”
Seamless Global CEO, Kapil Dua, commented: “This strategic alliance marks a significant milestone for Seamless Global. We are honoured to unite with the esteemed team at TMF Group, whose expansive international reach holds immense potential for our collective growth. By leveraging their expertise and steadfast dedication to customer satisfaction, our clients stand to benefit from unparalleled opportunities and service excellence on a global scale.”
About TMF Group
TMF Group is a leading provider of critical administrative services, helping clients invest and operate safely around the world. Our 10,000 experts and 125 offices in 86 jurisdictions worldwide serve corporates, financial institutions, asset managers, private clients and family offices, providing the combination of accounting, tax, payroll, fund administration, compliance and entity management services essential to global business success.
We work with 60% of the Fortune Global 500 and FTSE 100, and almost half the top 300 private equity firms, covering sectors as diverse as capital markets, private equity, real estate, pharmaceuticals, energy and technology.
TMF Group – we make a complex world simple. www.tmf-group.com
Media Contacts:
TMF GROUP:
Giampaolo Arghittu, Global External Communications Manager,
T: +39 334 947 95 84
Zulfadhli Ibrahim, Corporate Communications Executive
+60 3 2382 4288
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