Professional services firm Begbies Traynor Group has announced the launch of BTG Global Advisory – an international alliance of independent insolvency, restructuring and financial advisory firms operating around the world.
BTG Global Advisory will advise leading banks, law firms, private equity and other funds, creditor committees, operating companies and other parties affected by distress.
It will have a particular focus on north America, Europe, Asia and Australasia, though full global coverage will be enabled via a network of associate members.
The new alliance builds on the group’s international network with a new structure, a new set of business objectives and the establishment of a core group of members, made up of:
Begbies Traynor Group (United Kingdom) – www.begbies-traynorgroup.com;
Farber Financial Group (Canada) www.farberfinancial.com;
GlassRatner Advisory & Capital Group LLC (USA) – www.glassratner.com;
Integrated Capital Services Limited (India) – www.raas.co.in;
PLUTA Rechtsanwalts GmbH (Germany, Italy and Spain) – www.pluta.net;
Rodgers Reidy (Australia, Hong Kong, Malaysia, Singapore & New Zealand) – www.rodgersreidy.com
The group has relationships with other large advisory practices in other major jurisdictions. They are about to join BTG Global Advisory and these will be announced in the coming months.
Nigel Atkinson, chief executive of BTG Global Advisory, said: “We have complete industry sector coverage, and all of our members are well-established and trusted professionals within each of their regions, giving us invaluable local knowledge globally.
“The wide range of skills at our disposal means that we are not limited to providing restructuring and insolvency services to distressed businesses, but can offer a complete range of services to underperforming and growing businesses and their stakeholders.”
The specialist services provided by the alliance include insolvency, turnaround advisory and implementation, performance improvement consulting, loan workout, interim management, investment banking, forensic accounting, managed exit services and complex cross-border M&A transactions.
By Marcel LeGouais