Credit, Collections & Insolvency News
Leonard Curtis has announced it has acquired Newsource Commercial Finance (NCF) is a broker in the commercial property sector. Led by a management team of Mark Craven and Brian Walters, the business specialises in working with brokers and their clients on sourcing finance across residential BTL and property portfolios, commercial property investments, property developments, refurbishment…
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Aryza Group, a provider of financial software solutions, has announced the acquisition of NTI, a bespoke training provider for restructuring, insolvency, and debt management solutions. NTI has expertise in delivering professional exam training, compliance reviews, technical helplines, and personal insolvency solutions. As a trusted EdTech provider, NTI’s flexible digital training platform offers on-demand access to…
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Professional services firms Mazars and Forvis have announced they have joined forces to launch a £3.9 billion global network, known as Forvis Mazars. The group says the partnership was established to provide a stronger global reach and support clients’ needs. The head office of Forvis Mazars will be based in London, serving as a gateway to Europe and a…
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Specialist business advisory firm, FRP Advisory, has acquired the Hilton-Baird Group. The Hilton-Baird Group is based in Southampton and operates nationally. The business provides commercial finance and credit insurance brokerage, outsourced risk and receivables audit, as well as credit management and commercial debt collection services. Hilton-Baird clients include independent lenders, banks, SME and corporate businesses,…
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Midlands-based accounting and advisory firm PKF Smith Cooper (PKFSC) has acquired West Midlands insolvency boutique BLB Advisory. BLB’s Director and owner Brett Barton and seven team members will join PKF Smith Cooper as part of the acquisition. The acquisition will see the PKF Smith Cooper team gain a further 80 years of experience and expertise…
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FTS Recovery has announced it has acquired national insolvency firm FA Simms, adding a number of offices across the country. FA Simms, similar to FTS Recovery, works closely with directors to offer restructuring and insolvency services, primarily to the corporate market. The acquisition sees FTS Recovery add to their national presence by taking on all…
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Sheffield insolvency and business turnaround practice Graywoods has officially changed its name following its acquisition by the national Leonard Curtis group. Graywoods was founded by Adrian Graham and Deborah Lockwood, who have worked together since 1999. It will continue to operate from its office in Sheffield’s city centre’s Fountain Precinct but will now be known…
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Latest monthly statistics from the Insolvency Service have indicated that Northern Irish business insolvencies have risen. In September 2023 there were 37 business insolvencies registered in Northern Ireland, 68% higher than September 2022. The business insolvencies comprised of nine CVLs, 25 compulsory liquidations, one administration and two CVAs. There were no receivership appointments. In September 2023…
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Begbies Traynor has announced that it has acquired Jones Giles & Clay. The deal sees Begbies Traynor welcome four experienced team members to the Cardiff-based team, including directors Susan Clay and Vaughan Jones, who were the principals of Jones Giles & Clay and operated as licensed insolvency practitioners. Both Clay and Jones have over 38…
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Independent invoice finance provider, Bibby Financial Services (BFS) has announced that its has acquired Aldermore’s Working Capital Finance division. The move will see the working capital finance companies integrate into BFS operations over the coming weeks. Derek Ryan, UK Managing Director of Bibby Financial Services said “We are delighted to announce the acquisition of Aldermore’s…
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Slater Heelis has announced that it has acquired insolvency law specialist N J Goodman. The acquisition will bolster Slater Heelis’ existing commercial law offering. As part of the deal, all four staff from N J Goodman have joined Slater Heelis and will be based at their new headquarters at Crossgate House in Sale. This includes the…
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Leonard Curtis has announced the acquisition of Sheffield insolvency and recovery firm Graywood, increasing its presence in the South Yorkshire region. Graywoods will be incorporated into the Leonard Curtis brand with owners Adrian Graham and Deborah Lockwood welcoming the ‘excellent opportunity’ to become part of a well-renowned national firm in the business recovery sector. Deborah…
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Portland Business Recovery has announced that it has changed its name following its acquisition by the national Leonard Curtis business services group. The company was formed to provide business recovery and regulated insolvency services to businesses mainly located in Hampshire and Dorset. Alex Cadwallader, Director and Head of South for Leonard Curtis, said “Portland has…
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