Our Restructuring and Advisory Division to double North West team in next two years
Our Restructuring and Advisory Division has confirmed plans to double the headcount of its North West operation from 20 to 40 in the next two years to meet growing client demand.
With more than 18 bases around the UK and 23 globally, our Restructuring and Advisory Division arrived in the North West in 2019, and has since grown to become the firm’s fourth largest location in the UK, after Southampton, London, and Maidenhead. The team offers a full range of advisory services, including restructuring and insolvency, financial advisory, forensic accounting and investigations – including eDiscovery – and corporate finance.
Our Restructuring and Advisory Division has been part of the K3 Capital Group plc – an AIM-listed multi-disciplinary professional services group – since the two merged in August 2020. The Manchester team works alongside our Bolton-based Mergers and Acquisition team and the wider group to provide additional complementary advisory expertise, including transactional tax and debt advisory work, as well as R&D tax credits.
Our Restructuring and Advisory Division’s growth in the North West was boosted by the acquisition of Manchester-based insolvency and advisory specialist, Bell Advisory in 2020. Several key appointments and promotions were made in the last 12 months, including a Managing Director Jeremy Woodside, Director Mike Horton and Senior Manager Gareth Pugh. Furthermore, Frank Ofonagoro was promoted to a Managing Director in 2021, while Sarah Balsom moved to a Director role.
To accommodate this growth, the North West team has relocated to a new office at the 196 Deansgate development in December. The new space enables flexible working for all staff as it continues to adapt to a hybrid working model and will accommodate the team’s growth plans.
Established in 2013 by Carl Jackson, our Restructuring and Advisory Division offers a full range of advisory services from its 23 UK and international offices. The firm recently announced further expansion in to key offshore centres with the opening of its Dubai office in September and following the appointment of Adam Markiewicz in Warsaw at the same time. This growing network of offshore centres adds to its established teams in Cayman Islands, Cyprus, and Mauritius.
Robert Parry, Managing Director at our Restructuring and Advisory Division and head of the firm’s North West team, said: “We made the decision to move into Manchester in 2019 to fulfil the growing need for high-quality advisory services across the region. Since then, we have grown to become one of the most active teams in the North West, working on an impressive roster of significant and complex cases.
“As demand for our services continues to grow and the region faces pressures of rebuilding the post-pandemic economy, our plans to double our headcount over the next two years will mean that we can support more businesses than ever.”
Carl Jackson, CEO at our Restructuring and Advisory Division, added: “What the team have achieved in the two years since it arrived in the North West is exceptional. Led by some of the best in the industry, we have become a leading advisor to businesses across the region and I look forward to seeing what more the team can achieve in the future.”
