News Releases

Dallas, TX (April 1^st, 2021) – Skylark Private Equity Partners, an entrepreneur-centric lower middle market private equity firm, announced today, in partnership with management, the acquisition of a majority equity position in Tax Advisors Group, LLC (“TAG” or the “Company”), a tech-enabled business service provider that specializes in property tax advisory services. Skylark’s investment in TAG marks the second transaction of Skylark’s inaugural fund.

 

Founded in 2001, TAG is a leading business property tax advisory company serving clients throughout the nation, with a specialization in Business Personal Property tax filings in the state of Texas. Led by its CEO, Lynn Krebs, and President, Troy Fields, TAG employs an exceptional team of business tax experts and client success managers that provide the highest standard of customized tax advisory and client services who deliver industry-leading tax savings results.  TAG currently represents more than 650 clients and has delivered its clients more than $600 million in tax savings since the Company’s inception.  

 

“TAG’s unique capabilities enable the firm to go beyond a client’s property tax compliance needs and deliver material savings for some of the largest corporations,” stated Mr. Krebs.  “Skylark will serve as a key partner in our continued growth as we expand our market reach, customer support services, and the depth and breadth of services we offer. Their hands-on experience scaling niche market leaders and their intimate knowledge of our industry will serve as a meaningful resource to our management team.”

 

Troy Fields, TAG’s President added further “Skylark spent considerable time to understand what makes TAG unique in today’s marketplace and their focus on growing the company while preserving our culture and developing our internal talent were key factors in our decision to partner with Skylark.”

 

“Year after year, the TAG team delivers exceptional value to its long-tenured Fortune 500, enterprise, and middle market clients across nearly every sector of the economy.  At a time when companies across the country are looking to cut costs and focus on their core competencies, the TAG team reduces back-office burdens and improves cash flow for its clients” said Marshall Viney Skylark’s Partner.  “We are thrilled to be partnered with the exceptional team at TAG and build upon the Company’s history of success.”

 

Skylark’s Managing Partner Hunter Peterson and Principal Chase Eckert worked alongside Mr. Viney on the transaction. Mayer Brown LLP advised Skylark on the transaction and Texas Capital Bank, Concentric Partners, and Jones Capital provided debt and equity financing.

 

Tax Advisors Group is a leading property tax consulting firm with a national reach that specializes in minimizing Texas business personal property taxes. TAG serves clients nationally in all areas of property tax consulting with an emphasis on organizations that have significant operations or holdings in the state of Texas where business personal property can be successfully challenged, and substantial savings realized using TAG’s proprietary methodology and technology. For more information on TAG, visit www.taxadvisorsgroup.com