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WTS Group
| Company type | AG (public limited company) |
|---|---|
| Industry | tax advisory, financial advisory, legal advice |
| Headquarters | Munich |
Key people | Fritz Esterer, Franz Prinz zu Hohenlohe, Johannes Krabichler, Jürgen Scholz |
| Revenue | € Mio. |
Number of employees | (Germany only) |
| Website |
WTS Group is an international consulting group with tax, legal and consulting business units. The company was formed in by former employees from the central tax department of Siemens. Shortly afterwards a large part of the tax department at Mannesmann also joined.
In order to avoid any conflict of interest, WTS refrains from conducting annual audits. In WTS Group was, based on sales figures, No. 7 of the largest tax advisory firms in Germany [1] In Franz Prinz zu Hohenlohe the former head of the international tax service line at KPMG Germany joined the board of WTS AG. [2]
In , the Executive Board was expanded with CFO Johannes Krabichler[3] and Jürgen Scholz.[4]
Financial Advisory
In WTS enlarged its service portfolio by offering financial advisory services. In , WTS acquired the Financial Advisory Boutique FAS AG, which is mainly focused on IFRS consulting, to strengthen the consulting portfolio.[5] In October , Kloepfel Corporate Finance joined the FAS AG to strengthen the M&A competencies with Dr Heiko Frank at the lead to drive forward the expansion of its transaction business.[6]
WTS Global
The WTS Global is a global organization of tax consulting firms and an association under Dutch law (“Vereniging”). The practice was established by WTS Group in WTS Global operates in about countries worldwide.
In Wim Wuyts was appointed to the newly created role of CEO.[7] The WTS Global board of directors comprises the following members: Fritz Esterer (Chairman), Benedicta Du-Baladad, Jorge Espinosa, Edward Mwachinga, Bernard Peeters, Ajay Rotti, Michael Ruth, Magdalena Saja, Jurgen Scholz, and Jared Walls.
In , the French law firm, FIDAL, became a member of WTS Global.