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Encore AMC Partners guides Ovation Tax Group sale to Current

7 hours ago
By AI, Created 14:00 UTC, Nov 04, 2026, AGP -

Encore AMC Partners served as exclusive financial adviser to Ovation Tax Group in its acquisition by Current, a national partnership of accounting and advisory firms. The deal expands Current’s tax services platform with a dedicated tax resolution practice and closed Oct. 5, 2026.

Why it matters: - Current adds a dedicated tax resolution and IRS representation practice to its national network of more than 30 accounting and advisory firms. - Ovation Tax Group expands the pool of specialized support available to partner firms handling federal and state collection matters. - The deal gives Ovation a larger platform while keeping its brand, leadership and client service model intact.

What happened: - Encore AMC Partners served as exclusive financial adviser to Ovation Tax Group in its acquisition by Current. - The transaction closed on Oct. 5, 2026. - Ovation Tax Group is based in Northridge, California, with an additional office in Ronkonkoma, New York. - Current is a national partnership of premier accounting and advisory firms founded by Jake Sloane and Frank Zhang and backed by Thrive Holdings.

The details: - Ovation Tax Group was founded in 2021 by Matt Levy, a 25-year veteran of the tax resolution industry. - The firm represents individuals and small businesses facing IRS and state tax collection action. - Ovation’s enrolled agents, tax attorneys and case teams negotiate offers in compromise, installment agreements, penalty abatements and currently not collectible status. - The firm also works to release liens, bank levies and wage garnishments. - Ovation says it has eliminated more than $100 million in taxes owed to the IRS and state taxing authorities for clients. - The firm uses in-house AI tools to qualify leads, support sales and handle routine client service alongside professional staff. - Ovation’s leadership team, led by CEO Greg Davis, will continue to run the business under the Ovation Tax Group brand. - The firm’s partners remain invested alongside Current. - Current says the acquisition adds enterprise-level support, global service delivery and AI-driven innovation to its platform. - Current serves more than 30 high-performing firms across the country. - Ovation’s services also include tax return preparation, compliance monitoring and bookkeeping. - More information is available at Ovation Tax Group and Current. - Encore AMC Partners is a Newport Beach, California-based management consulting and advisory firm focused on sell-side M&A, buy-side M&A and strategic advisory services for low-to-middle market businesses.

Between the lines: - The acquisition brings a niche, compliance-heavy service line into a broader accounting platform, which can help Current cross-sell tax resolution expertise to partner firms. - Keeping Ovation’s brand and leadership in place suggests Current wants continuity for clients and staff, not a full integration. - The transaction also signals continued demand for specialized tax relief services as businesses and individuals face IRS and state collection pressure.

What's next: - Ovation Tax Group will operate under its existing brand while leveraging Current’s national platform. - Current’s partner firms can now refer clients with collection issues to a dedicated in-network tax resolution practice. - Ovation’s leadership said the team will keep serving taxpayers with the support of a larger national organization. - Encore AMC Partners will continue advising low-to-middle market businesses on M&A and strategic transactions.

Disclaimer: This article was produced by AGP Wire with the assistance of artificial intelligence based on original source content and has been refined to improve clarity, structure, and readability. This content is provided on an “as is” basis. While care has been taken in its preparation, it may contain inaccuracies or omissions, and readers should consult the original source and independently verify key information where appropriate. This content is for informational purposes only and does not constitute legal, financial, investment, or other professional advice.

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