We have announced the launch of our first Newcastle office following the acquisition of a nine-strong restructuring and insolvency team from accountancy firm Tait Walker.
The lateral hire of Partner Andrew Haslam and his team will see us acquire one of the largest independent restructuring teams in the city and expand our presence in the North East.
Andrew has more than 25 years’ experience of managing corporate insolvency cases, dealing with company administrations and liquidations, advising company directors regarding their statutory duties and he has been appointed as office holder in respect of more than 500 businesses. He became a Licensed Insolvency Practitioner in 2007.
He is joined by consultant Gordon Goldie, who first established the restructuring department at Tait Walker in 1995, along with manager Tonya Allison and six other restructuring employees.
Jeremy French, Managing Partner at FRP, said: “We pride ourselves on providing an unparalleled service to the clients that we support and to do this it’s vital that we continue to invest in our market-leading teams. The appointment of Andrew and his team is a clear statement of intent of our commitment to the North East market, it strengthens our presence in the north of England and enables us to establish an on-the-ground presence in Newcastle for the first time.
“Business owners have to navigate a myriad of challenges in today’s economy and it’s vital they Partner with an adviser that not only understands the nuances of the challenges they face, but has the experience and track-record of delivering results. Andrew and his team are highly-regarded as some of the best restructuring practitioners in the region and the strategic and commercial advice they bring will enable us to help more business owners as they look for innovative solutions to drive value and move their businesses forward.”
Commenting on the move, Andrew added: “During our time at Tait Walker we have been able to expand and strengthen our restructuring offering to drive year-on-year growth. The move to FRP enables us to build on these foundations and support the growing market of business owners, professional services firms and investors in the region that we advise. We’re looking forward to working with the national team as we bring FRP services to Newcastle to bolster the firm’s presence in the north of England.”
This is the latest in a string of high-profile hires, and follows the merger with insolvency specialist BWC Corporate Recovery last year that bolstered our presence in the north of England and saw the firm open an office in Teesside.
We now employ more than 300 people across 19 locations, including Durham, Newcastle and Teesside in the North East, providing clients with the full suite of business advisory services including Debt Advisory and Pensions Advisory.