Auxadi, a leading global firm in accounting, tax, payroll, and corporate legal services, has completed the acquisition of Transfer Pricing Specialists (TPS). This strategic integration brings on board a team of highly qualified professionals, renowned experts in transfer pricing and related party transactions. This move reinforces Auxadi's mission to simplify its clients' lives and solidify its position as the leading professional services firm in the global market.
The integration of TPS is a fundamental step in Auxadi's continuous growth strategy, aimed at expanding the breadth and depth of its global services. With TPS's presence in Italy, Spain, Luxembourg, Greece, the United Kingdom, and Panama, combined with Auxadi's established presence in 22 jurisdictions, the firm will offer its multinational clients comprehensive advisory solutions for related party transactions under a unified structure.
This acquisition continues Auxadi's successful integration plan, which includes the 2021 addition to serve Central America (Costa Rica, Guatemala, Nicaragua, El Salvador, and Honduras), the 2023 integration in the Netherlands, and more recently, the 2025 incorporation of Afiens as specialists in Corporate Legal Services, all strengthening its value proposition. Each of these additions has been designed to offer clients a more complete and efficient solution, regardless of their geographical location.
Firm overviews
Auxadi, led by Víctor Salamanca Cuevas since 2009, was founded by Víctor Salamanca Sr. in 1979 in Madrid. Under the leadership of the second generation over the past 15 years, Auxadi has experienced exponential growth, expanding from operations in Spain and Portugal to over 50 countries, with subsidiaries in 22 jurisdictions. Currently, Auxadi serves over 1,300 clients, including multinational corporations and real estate fund subsidiaries. With nearly 300 employees, the firm specializes in becoming the international extension of its clients' financial departments, leveraging its advanced technology and proven processes.
Transfer Pricing Specialists (TPS), founded in 2010 by José A. Otero and Claire Sanga, is an independent firm comprising professionals with extensive experience in tax advisory for transfer pricing and related party transactions. Since its inception, TPS has established itself as a benchmark in the sector, offering specialized consulting and documentation services for intercompany transactions to national and international business groups. They are recognized for their technical expertise and focus on tax optimization and regulatory compliance. Their impeccable track record has been consistently recognized, being named a TOP TIER FIRM by ITR World Transfer Pricing every year since 2022, validating their leadership and the excellence of their solutions in the market.
Executive Commentary
Leaders from both organizations share their perspective on this strategic integration and its significance for the future of global services.
Víctor Salamanca Cuevas, Executive Chairman and CEO of Auxadi, comments: "Integrating a firm of Transfer Pricing Specialists' caliber is a crucial step in our strategy to offer 360-degree service to our multinational clients. We're especially excited about this union because, in addition to their renowned expertise in transfer pricing, we've collaborated closely with them as partners for years. This established relationship has allowed us to witness their impeccable quality, strong work ethic, and client-centric approach, which ensures a smooth and seamless integration. Their dedication to high performance aligns perfectly with Auxadi's culture, and this deep cultural affinity allows us to expand our services knowing that our high level of service and commitment remain intact."
For his part, José A. Otero, of Transfer Pricing Specialists, states: "Joining Auxadi represents an unparalleled opportunity to put our extensive experience in transfer pricing at the service of an even wider range of expanding companies. We are thrilled to offer a truly comprehensive service thanks to all of Auxadi's capabilities." Claire Sanga, also of TPS, adds: "We are a natural complement, and this news opens a path of exponential professional growth for our entire team, with that international vocation we share so deeply."
About Auxadi
With subsidiaries in 22 countries across Europe, the United States, and LATAM, Auxadi is currently the leading Spanish accounting firm providing services to multinationals and real estate funds. Thanks to its technological focus and a culture driven by client satisfaction, Auxadi becomes an extension of its clients' international accounting and payroll departments, including tax and Corporate Legal Services. Its MySPV technological platform, over 300 employees, and 1,300 clients make it a benchmark in the tech-enabled services sector, not only in Spain but internationally.
About Transfer Pricing Specialists (TPS)
Founded in 2010, TPS is an independent firm comprising professionals with extensive experience in tax advisory for transfer pricing and related party transactions. They offer specialized consulting and documentation services for intercompany transactions to national and international business groups, standing out for their technical knowledge and focus on tax optimization and regulatory compliance. Their impeccable track record has been consistently recognized, being named a TOP TIER FIRM by ITR World Transfer Pricing every year since 2022, which validates their leadership and the excellence of their solutions.
Download press release: Auxadi adquires Transfer Pricing Specialists (TPS)
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Local Knowledge – International Coverage
Founded in 1979, Auxadi is a family-owned business working for multinational corporations, private equity funds and real estate funds. It’s the leading firm in international accounting, tax compliance, payroll, transfer pricing, and corporate legal services management connecting Europe and the Americas with the rest of the world, offering services in 50 countries. Its client list includes many of the top 100 PERE companies. Headquartered in Madrid, with offices in US and further 26 international subsidiaries, Auxadi serves 1,500+ SPVs across 50 jurisdictions.
All information contained in this publication is up to date on 2024. This content has been prepared for general guidance on matters of interest only, and does not constitute professional advice. You should not act upon the information contained in this chart without obtaining specific professional advice.No representation or warranty (express or implied) is given as to the accuracy or completeness of the information contained in this content, and, to the extent permitted by law, AUXADI does not accept or assume any liability, responsibility or duty of care for any consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this chart or for any decision based on it.




