Innovation funding specialist Granted Consultancy has been acquired by Manchester competitor Catax for an undisclosed amount.
Exeter-based Granted, which has secured more than £200m for its clients since its formation in 2010, is the latest purchase for Catax which is owned by global tax services firm Ryan.
Since its formation in 2008 Catax has completed a string of deals, including for Birkenhead-based rival Access2Funding last year, months after it was taken over by Ryan.