GovGrant R&D specialists logo – A Source Advisors company

GovGrant acquires Luvo Financial as the R&D tax credit market consolidates

Posted on Wednesday 1 September 2021 by GovGrant

GovGrant, the R&D and IP specialists, has today announced the acquisition of Luvo Financial. GovGrant sees this as a significant opportunity for both parties as the R&D market consolidates.

Vicki White and Ian Batkin, Luvo’s founding partners, will continue their relationships with existing Luvo clients and accounting partners. However, Vicki and Ian will now be backed by the full GovGrant team and processes to offer a broader range of technical expertise, dedicated account management, and advanced claims processing. Luvo clients will also benefit from the wider IP services offered by GovGrant and accounting partners will benefit from tools such as Elevation.

Vicki White, Founding partner, Luvo Financial, comments:

“We look forward to expanding the service we offer to our clients, in particular, to bring greater capacity to our accounting partners. GovGrant has developed additional tools for accountants, particularly Elevation which, in our view, is one of a kind.”

Ian Batkin, Founding partner, Luvo Financial, comments:

GovGrant felt like the right fit as they are a prominent, quality provider in the market and have the same attitude to quality assurance and rigour as we have ourselves. We want to take this next step to improve the range of services we offer to our innovative clients.”

Luke Hamm, CEO, GovGrant,comments:

“We are delighted to welcome Vicki and Ian to the GovGrant team as they have a clear commitment to quality for their clients and accounting partners. We look forward to working with them to help all of our clients maximise the value of their innovation.”

Luvo clients can continue to speak to their usual contact, Vicki or Ian. Find out more about what GovGrant can offer clients with R&D tax credits, including RDEC and SME claims, as well as Patent Box.

GovGrant R and D C

About GovGrant

GovGrant is committed to helping innovative business make the most of their R&D and Intellectual Property. Our one and only business focus is to offer our clients the maximum potential benefit from the incentives available to them. Find out more