TIDMBEG
Begbies Traynor Group PLC
05 September 2023
05 September 2023
Begbies Traynor Group plc
Acquisition
Begbies Traynor acquires Jones Giles & Clay, and eyes
further expansion
Begbies Traynor Group plc, the professional services
consultancy, is expanding its operations in South Wales, following
the acquisition of Jones Giles & Clay, as it seeks to
consolidate its position as the leading business recovery and
insolvency practice in the region.
The deal sees Begbies Traynor welcome four experienced team
members to the Cardiff-based team, including directors Susan Clay
and Vaughan Jones, who were the principals of Jones Giles &
Clay and operated as licensed insolvency practitioners.
Both Susan Clay and Vaughan Jones have over 38 years' experience
in both personal and corporate insolvency with Susan Clay bringing
additional personal insolvency expertise and Vaughan Jones with
experience across a wide range of businesses including the charity
and third sectors.
Nationally, the Begbies Traynor Group grew by 11% in the past
financial year and the South Wales team is focussed on further
expanding its operations through recruitment and strategic
acquisition.
Ric Traynor, Executive Chairman of Begbies Traynor Group plc,
commented:
"This is an important step for our practice, bringing in
significant hires and increasing our capacity to work with larger
clients on complex cases.
"Directors, Vaughan and Susan are well respected in the local
business community and by combining our teams we are creating an
exciting offering for the South Wales market."
Susan Clay added: "Begbies Traynor has established a reputation
for providing a consistently high-quality offering across the UK,
while retaining personal and friendly service at a local level.
There has never been a more important time for businesses and
individuals to have access to specialist expertise in this area,
and Vaughan and I are looking forward to growing our practice with
the Begbies Traynor team."
Enquiries please contact:
Begbies Traynor Group plc 0161 837 1700
Ric Traynor - Executive Chairman
Nick Taylor - Group Finance Director
Canaccord Genuity Limited 020 7523 8350
(Nominated Adviser and Joint Broker)
Emma Gabriel
Shore Capital (Joint Broker) 020 7408 4090
Malachy McEntyre / Mark Percy / Anita Ghanekar / James
Thomas
MHP Communications 020 3128 8193
Reg Hoare / Katie Hunt / Charles Hirst begbies@mhpc.com
About Begbies Traynor Group
Begbies Traynor Group plc is a leading professional services
consultancy, providing services from a comprehensive network of UK
and off-shore locations. Our professional team include licensed
insolvency practitioners, accountants, chartered surveyors, bankers
and lawyers. We provide the following services to our client base
of corporates, financial institutions, the investment community and
the professional community:
-- Insolvency
o Corporate and personal insolvency
-- Financial advisory
o Business and financial restructuring; debt advisory; forensic
accounting and investigations
-- Transactional support
o Corporate finance; business sales agency; property agency;
auctions
-- Funding
o Commercial finance broking; residential mortgage broking
-- Valuations
o Commercial property, business and asset valuations
-- Projects and development support
o Building consultancy; transport planning
-- Asset management and insurance
o Commercial property management; insurance broking; vacant
property risk management
Further information can be accessed via the group's website at
www.ir.begbies-traynorgroup.com .
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END
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September 05, 2023 02:00 ET (06:00 GMT)
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