Updated: 22nd November 2010
Begbies Traynor Group plc (the "Group"), the specialist professional services consultancy, today announces the acquisition of Walletts Insolvency Services, the insolvency division of Stoke based firm Walletts Chartered Certified Accountants.
Walletts Insolvency Services provides specialist financial advisory services, primarily corporate recovery and insolvency, for small and medium sized businesses. The business will be integrated into the Group’s existing insolvency operations in Stoke-on-Trent.
Ric Traynor, Executive Chairman of Begbies Traynor Group, said:
“Following the recent acquisitions of Hamiltons and Tomlinsons, this acquisition represents further progress in line with our long term strategy to expand the Group’s core insolvency and restructuring business.
“We look forward to welcoming Walletts’ insolvency specialists into our team and hope to leverage their existing case load and local contact base to grow our presence still further in the Staffordshire marketplace.”
Ric qualified with Arthur Andersen in 1984 and founded Begbies Traynor in 1989. Ric specialises in practice management and has considerable experience in financial turnaround and dispute resolution within professional practices.