RCS - Begbies Traynor - Begbies Traynor acquires Jones Giles & Clay

Begbies TraynorAnnouncement

05/09/2023 07:00

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RNS Number : 3419L  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 (mailto: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 (http://www.ir.begbies-traynorgroup.com) .

 

 

 

 

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