Concept Laser GmbH , Germany
Concept Laser GmbH was founded in 2000 by Frank Herzog and is one of the world’s leading providers of machine and plant technology for 3D printing of metal parts. It serves the medical and dental technology, aerospace, toolmaking and mold construction, automotive, and watch and jewellery sectors.
In December 2016, Concept Laser became part of GE Additive, a division of the world’s leading digital industrial enterprise General Electric (GE).
- Sector: Manufacturing and distribution/
- Services provided: Financial outsourcing, consulting and tax
- Number of Nexia member firms serving the client: 2
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The client challenge
As a result of the company’s rapid growth and expansion, Concept Laser launched in the United States in 2013. A key requirement was to ensure they could navigate the business environment and different tax regulations. This required legal and accounting expertise to help the company to develop and grow and minimise any litigation threats.
The Nexia solution
CliftonLarsonAllen, a Nexia member firm based in Dallas, worked with Concept Laser to evaluate the options to ensure the company could successfully enter and compete in the US market and operate in regulated environments. This allowed Concept Laser to focus on their strengths and develop the business with the confidence that they had the right support in place.
“The speed in reporting accurate numbers was a significant benefit for us, allowing us to keep our team in Germany up to date with the progress being made in the US. It gave us absolute confidence and trust that CliftonLarsonAllen (Nexia member) would deliver for us, and that they would help us grow the business much faster than we could of otherwise.”
JOHN MURRAY, PRESIDENT & CEO, CONCEPT LASER LLC
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