Springboard the Nottingham-based Corporate Finance firm has been bought by Begbies Traynor in a deal said to be worth up to £4.5m.
Springboard founded in 2005 has seen strong growth over the years and 2017 saw its team of 15 corporate finance specialists deliver:
- 17 transactions
- 10 of which involved private equity
- 4 of which involved overseas counterparties
- The business has enjoyed a strong start to 2018 completing the sale of
- Weston Beamor to Possehl of Germany and the MBO of Tesla UK.
Begbies Traynor Group, is a market leading quoted professional services firm. With its roots in insolvency advice BTG now includes a national property consultancy, investigations and forensic accounting. The acquisition of Springboard is a key plank for BTG in its strategy to build a diverse and commercially successful professional services consultancy.
“Today is a major milestone on our journey as the Partners of Springboard to build a high quality corporate finance firm focussed on providing the best advice to private and institutional clients, ” says the Springboard management team.
“We are hugely grateful for the support of our clients and intermediary friends and colleagues since we created this business 13 years ago. We look forward to working together over the coming months and years and hope you will benefit from this major investment in our development.”