Moore Kingston Smith expands with CBW Recovery acquisition
Moore Kingston Smith has expanded its restructuring and insolvency capabilities with the acquisition of CBW Recovery, a London-based insolvency partnership led by Joe Colley.
The deal brings two licensed insolvency practitioners and eleven professionals from CBW Recovery into Moore Kingston Smith’s restructuring and insolvency team.
The move strengthens the firm’s presence in the nonprofit sector, where CBW Recovery has a strong reputation, and adds capacity across the full spectrum of insolvency appointments and advisory work.
Matt Meadows, managing partner of Moore Kingston Smith, said:
“With insolvencies on the rise, the need for skilled, trusted advisers to help clients navigate the challenges they’re facing, with the ability and understanding required, is greater than ever.
“CBWR’s skills, quality work and impressive referrer base make this merger a great fit with our strategy and goals, as we continue strengthening our expertise and reach across the UK and beyond.”
Joe Colley, partner at CBW Recovery, said joining Moore Kingston Smith would enhance the team’s ability to assist clients in complex situations.
“Beyond clients’ restructuring and insolvency needs, they now have instant access to experts across a multi-disciplinary professional services practice, plus an international reach through the Moore Global network,” he said.
The acquisition is the latest in a series of transactions funded by Moore Kingston Smith’s private equity-backed merger and acquisition programme.
The firm, which became the first UK accountancy partnership to secure PE investment, acquired Shipleys in October, WMT in June, and Moore Northern Ireland last year.
