Begbies Traynor has entered into a joint venture with US firm Mesirow
Financial Consulting, in a move designed to give them access to new markets.
The two restructuring giants will work under the BTG Mesirow Financial
Consulting banner when working on complex, cross-border projects.
The deal raises the profile for both firms in each other’s respective
“We have been seeking to raise our profile in the commercially important U.S.
market and the joint venture with Mesirow Financial Consulting will facilitate
this,” said Ric Traynor, executive chairman, Begbies Traynor Group.
“Together, we will work with clients on complex, cross-border engagements to
develop comprehensive restructuring solutions, which can serve as a solid
foundation for future success.”
“Advising clients every day in multiple geographies has become increasingly
important,” said Ralph S Tuliano, Mesirow Financial Consulting president and
executive managing director.
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