G2 FinTech, a U.S.-based tax technology firm that specializes in tax analysis and compliance software for investment management was acquired from KPMG LLP.
As part of the deal, the majority of G2’s development team will join KPMG’s Tax Transformation and Technology practice, allowing KPMG to help hedge funds with their tax compliance needs.
It must be noted that during last year, KPMG also acquired the accounting firm Rothstein Kass, which specialized in hedge fund clients and at the same time the Global Trade Management Practice of EntryPoint Consulting LLC, enabling the firm to provide both regulatory and technology consulting to multinationals.