Announced
Completed
Financials
Tags
Acquisition
Domestic
Friendly
accounting solutions
Private
Diversified Financials
Completed
United Kingdom
Single Bidder
Majority
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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