One of Kroll’s most high-profile partners, Andrew Pepper, has left the
restructurers to join Hilco UK as chief operating officer.
by Accountancy Age eighteen months ago, has worked on some of the
highest profile business insolvencies in recent years, including roles at
Allders, Unwins, Slug and Lettuce chain SFI, Red Letter Days and MVC.
He also takes up the role of CEO of Hilco’s newly created arm Hilco
The group invests in distressed retail business across Europe and
restructures then sells them. Purchases have included stores from Ciro Citterio
Pepper will look for purchases outside of the retail space.
‘This is an exciting time for the firm and I look forward to working with the
team as it grows its investments across Europe beyond the retail sector,’ said
Paul McGowan, chief executive of Hilco UK, said, ‘Andrew Pepper has an
excellent reputation in the restructuring industry and, having worked with him
several times over the last few years, I know he will be a valuable addition to
our retail group as well as a first class Chief Executive of the new non-retail
The second largest improvement in ‘significant’ levels of financial distress since the EU Referendum was in professional services, found research from Begbies Traynor
Steve Absolom and Will Wright from KPMG Restructuring have been appointed joint administrators to City Motor Holdings and associated companies
Partners from Johnston Carmichael have been appointed as joint administrators to Axon Well Interventions Products UK
Begbies Traynor have been appointed administrators of William Anelay Ltd, York, one of Britain’s longest-established construction and heritage restoration companies