TMF Group

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TMF Group
Industry Professional services
Founded 1988
Headquarters Amsterdam, Netherlands
Key people
Frederik van Tuyll (CEO), Dan Kragt (COO), Gordon Stuart (CFO)
Services Accounting and reporting services
Corporate secretarial services
Structured finance services
International VAT & IPT Services
Intellectual property licensing and collection services
Human resource and payroll administrative services
Domiciliary and management services
Escrow services
International incorporation services
Process agent services
Registrar and shareholder services
Fund administration services
Real Estate Investment services
Private client services
Revenue Increase 492 million (2015)[1]
311,3 million (2015)
Number of employees
6,000+ (2015) in more than 120 offices
Website TMF Group

TMF Group is a multinational professional services firm headquartered in Amsterdam, the Netherlands. The independent group provides accounting, tax, HR and payroll services to businesses operating on an international scale. TMF Group employs more than 6,000 staff and has 100 offices in over 80 jurisdictions.


The company was founded in The Netherlands in 1988,[2] and has built a worldwide presence through a combination of organic growth and strategic acquisitions. Between 2006 and 2009, when Pernille Fabricius sat as Group CFO & COO and Board member, TMF Group made 47 acquisitions including departments of Ernst & Young, KPMG, Grant Thornton and Baker Tilly in countries like Brazil, Argentina, Mexico, China and Australia.[3]

In October 2008, British private equity firm Doughty Hanson & Co bought TMF Group for €750 million.[2] In January 2011, Doughty Hanson completed its €350 million acquisition of Equity Trust. This paved the way for TMF Group's merger with Equity Trust, which was completed at group level in June 2011.

In 2015, TMF Group acquired the Brazilian business process outsourcing unit from PwC, including delivery centers in Barueri, Rio de Janeiro and Ribeirão Preto, providing business process outsourcing services in finance & accounting, human resources, tax and compliance.[4]

Service lines[edit]

The group's main services are accounting, tax, HR, payroll and corporate secretarial.

Other services relates to structured finance, international structuring, international incorporations, fund administration, private equity, real estate investments and IP licensing and collection.

TMF Group caters for an international market. Its client base includes Fortune 500 and FTSE 250 companies, along with other listed multinational companies, insurance and real estate companies, financial institutions, pension funds, private companies and private clients.