In acquiring UPAX, TMF Group retains shareholders and managers, Kjell Morten Jekteberg and Lars Johan Herstad. They have assumed senior leadership positions within the now-enlarged TMF Norway business.
Kjell Morten Jekteberg, Managing Director of UPAX commented:
“This transaction marks a significant milestone in the development of our business. We are proud to have built a company that is passionate about delivering services to our clients to the highest standards. We are excited by the opportunity to join TMF Group and pursue our future growth ambitions as part of a global organisation that shares our values and vision.”
The addition of an office in Stavanger significantly enhances TMF Group’s ability to serve major oil and gas clients, who will benefit from the combination of UPAX’s specialist accounting, consulting and partner audit capabilities alongside TMF Group’s accounting, payroll and tax compliance expertise.
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