Credit, Collections & Insolvency News
Tax and business advisory firm Azets has announced that it has acquired Moore South’s restructuring & insolvency (R&I) team.
As part of the deal, current leaders of Moore South’s R&I practice, Duncan Swift and Chris Tate, will move to Azets.
The acquisition includes the team’s current clients and will enhance Azets’ restructuring and insolvency national capabilities established in London and the South-East, Birmingham, Manchester, Edinburgh, Glasgow and Aberdeen.
Azets says that the acquisition creates a significant ‘one-stop-shop’ presence for Azets The company says that the R&I team also offers specialist advisory services to assist organisations in making better long term and effective, strategic business decisions. These services include debt restructuring, refinancing and forensic investigation.
R&I clients span sectors ranging from food and agriculture, hotels, healthcare, property & construction, manufacturing, engineering and professional services and will complement Azets’ already well-established offices in the region.
Moore’s R&I team, specialises in helping companies experiencing financial distress or facing closure with restructuring and rescue options.
Colin Haig, Head of Restructuring and Insolvency at Azets, said “We are thrilled to welcome Duncan, Chris and their team to Azets. The team’s excellent local reputation and expertise combined with Azets’ local and international presence demonstrates our commitment to the Solent region.”
“This latest move is a good example of how our M&A strategy underpins our overall organic growth plan at Azets and we hope to announce more strategic acquisitions this year as we continue to build our brand in the UK.”
