Atlas Service Link LLC Joins EY in the US

Acquisition consists of tax process and technology advisory professionals

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May 12, 2014, 09:00 ET

NEW YORK, May 12, 2014 /PRNewswire/ -- Ernst & Young LLP announced today that the corporate tax management consulting firm Atlas Service Link LLC ("Atlas") has joined the firm in the US.

Headquartered in Dallas, Atlas provides an integrated approach to enhancing tax data management, technology optimization and process re-engineering initiatives for multi-national companies.

Global tax reporting and compliance burdens continue to increase significantly as a result of tax law changes, IFRS adoption/convergence, and Uncertain Tax Position reporting requirements. Atlas focuses on assessing and making recommendations about global tax technologies, as well as designing operational processes to improve the benefits of any technology suite.

Atlas founders Tony LaBove and Travis Fox were previously with Ernst & Young LLP and return with an understanding of the firm's organization and culture. "We're thrilled to welcome Tony and Travis back to EY," says Kate Barton, the EY Americas Vice Chair – Tax Services. "Adding Atlas strengthens our leading Tax Performance Advisory (TPA) offerings, helping companies improve end-to-end business processes that drive tax performance."

"The philosophy of Atlas is that our people must understand our clients' business problems and then apply the right mix of technology and process. No one method, technology platform or configuration is right for all circumstances. We have designed an effective way to help tax directors find and manage the right combination of resources and technologies for their situation," says Atlas co-founder Tony LaBove. "EY takes the same approach and we're confident that this is a great fit for Atlas employees."

Co-founder Travis Fox agrees: "Our guiding principles are the same as those of EY," he says. "The key tenant of both organizations is to develop long-term relationships and provide exceptional client service. Our comprehensive approach considers the client's specific and unique operating environment, including accessible technologies, such as ERP systems, consolidation systems and existing tax technologies in developing software selections, operational efficiency and functional integration recommendations. By joining EY, we'll be able to provide Atlas clients with a greater depth of services and we'll be able to bring our skillsets to serve current EY clients."

About the founders of Atlas

Tony LaBove has over 20 years of tax and consulting experience and has worked with large multi-national corporations to help them improve the operating performance of their global corporate tax functions and has extensive experience in leading tax sensitive technology and process change initiatives. Prior to joining Atlas, LaBove was an Executive Director at Ernst & Young LLP.

Travis Fox has over 18 years of experience helping Fortune 500 clients realize maximum benefits from finance and tax process reengineering and tax technology initiatives. He possesses a unique combination of deep tax expertise in the areas of enterprise-wide resource planning (ERP) implementations, consolidations and project coordination technologies. Prior to joining Atlas, Fox served as a Senior Manager of Ernst & Young LLP.

About EY

EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.

EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit ey.com.

This news release has been issued by Ernst & Young LLP, a member firm of EY serving clients in the US.

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SOURCE EY