Announced
Financials
Tags
United Kingdom
insolvency practice
Domestic
Single Bidder
Majority
Acquisition
Friendly
Diversified Financials
Private
Completed
Synopsis
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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