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New Deal


Announced

Begbies Traynor Group completed the acquisition of David Rubin & Partners for £25m.

Financials

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Transaction Value£25m
Consideration TypeCash, Contingent Deferred Consideration
Capital Owned-
Capital Bid For100%
EV/Sales2.2x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United Kingdom

insolvency practice

Domestic

Single Bidder

Majority

Acquisition

Friendly

Diversified Financials

Private

Completed

Synopsis

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Begbies Traynor Group, a firm specialising in corporate restructuring, completed the acquisition of David Rubin & Partners, a long-established insolvency practice with offices in London and Guernsey, for £25m. "This acquisition is our largest to date and is expected to be immediately earnings enhancing. It 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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