Credit, Collections & Insolvency News
FTS Recovery has strengthened its South Coast presence by acquiring boutique insolvency practice IRL, led by experienced insolvency practitioner Ken Touhey. The acquisition brings IRL into FTS Recovery and the wider Apteus Group, expanding the firm’s regional presence and adding expertise and established professional relationships. Ken Touhey joins FTS Recovery alongside two members of his…
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Opus Advisory Group, the UK’s largest independently owned restructuring and advisory firm, has announced the acquisition of Bretts Business Recovery, an established insolvency practice based in Dartford, Kent. Founded in 2012, Brett Business Recovery has built a strong reputation for providing insolvency and business recovery advice to businesses across the region. The acquisition will see…
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Yorkshire-based asset valuation and disposal specialists BPI and BPI Asset Advisory have acquired a significant stake in McQueen Partnership, the Leeds-based debt recovery and credit control specialist. The investment brings debt recovery and credit management under the BPI umbrella for the first time. Insolvency practitioners, lenders, asset-based lenders and accountants can now turn to one…
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K3 Advisory Group has announced the merger of two of its brands, KR8 Advisory and Quantuma’s restructuring and forensic accounting business, creating a single multidisciplinary advisory business under the KR8 Advisory brand. The new KR8 Advisory business brings together over 300 professionals across 11 offices to meet growing demand for joined up, multidisciplinary thinking and…
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Advisory services specialist the Dains Group has acquired Curo. Curo was founded in 2005 by Anna Madden and Julia Gallagher, who first met whilst working together at a ‘big four’ firm. The Curo team, based in Bromsgrove, will continue to operate under the leadership of Anna Madden (Head of Audit) and Julia Gallagher (Head of…
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SMEs exploring merger or acquisition (M&A) opportunities have been advised to increase the robustness of their due diligence process as figures from Purbeck Insurance Services reveal an uptick in the number of business failures due to business acquisitions gone wrong. The data has found that 33% of all claims for Personal Guarantee Insurance (PGI) during…
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Azets has announced that it has acquired Ensors with the deal bringing together the two accounting and business advisory firms. Established more than 130 years ago, Ensors has grown into a regional leader with over 300 colleagues across six offices in Bury St Edmunds, Cambridge, Huntingdon, Ipswich, Norwich and Saxmundham. The firm provides a full…
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Pollen Street has announced that it has acquired a majority stake in business restructuring provider Leonard Curtis. Leonard Curtis multi-disciplinary professional services firm, which is headquartered in Manchester, has over 30 years’ experience providing restructuring, legal, funding, mergers & acquisitions. advisory and other business services to SMEs and corporates. The business has a strong national…
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Moore Kingston Smith has announced that it has acquired CBW Recovery (CBWR), a London-based partnership of insolvency practitioners. The acquisition of CBWR’s team of two licensed insolvency practitioners and eleven professionals, led by Joe Colley, expands and strengthens Moore Kingston Smith’s existing Restructuring & Insolvency team. Mirroring the full spectrum of insolvency appointments and advisory…
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Shipleys LLP has announced that it will be merged with Moore Kingston Smith. Shipley’s says that the merger enables both firms’ clients to benefit from an expanded suite of professional services and expertise. As a result, Shipleys will rebrand to Moore Kingston Smith on 6th May 2025. Shipleys’ 19 partners and 150 people are now…
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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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