Asset valuation and recovery specialist and financial outsourcing group Winterhill Largo has launched a new business.
Winterhill Risk, based in Wakefield, provides commercial investigation, risk management and asset recovery services across all sectors, including due diligence, employee screening and business investigation.
Neil Duckworth, chief executive of Winterhill Largo, said: “The creation of a risk management division makes good business sense for us.
“It enables Winterhill Largo to provide a raft of new services that will add value to many of our debt recovery clients, as well as winning new work in a specialised area for which demand is growing.”
Mark Smith has been appointed managing director of Winterhill Risk.
Smith said: “There is escalating demand in the UK for services such as employee screening, which has become an integral part of the recruitment process for senior staff, while risk awareness generally is growing exponentially.”
Earlier this month Winterhill Largo completed the acquisition of field services business, Chase Solutions.
In 2012 the group acquired Sovereign Credit Management, and in 2011, surveyors and real estate practice David Currie & Co. A merger with debt recovery firm Largo took place in 2010.
Winterhill Largo operates from seven UK offices in Manchester, London, Liverpool, Blackburn, Wakefield, Horsham and Chorley, in addition to five overseas offices. The company employs over 90 staff.