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Announced

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Begbies Traynor Group completed the acquisition of CVR Global for £21m.

Synopsis

Begbies Traynor Group, the business recovery, financial advisory and property services consultancy, completed the acquisition of CVR Global, an independent firm of insolvency practitioners, forensic accountants and experts in other related complementary disciplines, for £21m. "The acquisition of CVR is our largest insolvency acquisition to date and is expected to be immediately earnings enhancing. The increase in scale and capabilities leaves the group well-positioned to increase its market share and continue to grow its business recovery and financial advisory revenues," Ric Traynor, Begbies Traynor Group Executive Chairman.

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