Begbies Traynor buys Brighton insolvency specialist

(Sharecast News) - Begbies Traynor, the financial advisory, property services and corporate restructuring specialist, has announced the bolt-on acquisition of White Maund Insolvency Practitioners. White Maund, which was purchased for an undisclosed amount, is an independent firm specialising in financial and business reconstruction and rescue, as well as formal insolvency procedures.

The deal will expand the Begbies Traynor's existing business recovery team in Brighton, adding four additional team members to its 20-person practice in the city.

White Maund directors Chris Latos and Tom D'Arcy, who have been with the company since 2011, will join the Brighton practice as partners, Begbies Traynor said.

"Chris, Tom and the White Maund team have a great reputation and are well known to our Brighton team and the wider professional community," said Begbies Traynor's executive chair Ric Traynor.

"They have a wealth of experience and knowledge to enable us to enhance the support we can provide to our clients across the region."