The partners in the business recovery division of Chantrey Vellacott have completed a management buyout of the division, setting up a firm called CVR Global LLP which will operate as an independent provider of restructuring, insolvency and pensions advisory services
Chantrey Vellacott’s business recovery division did not form part of the merger on 1 May 2015 between Chantrey Vellacott and Moore Stephens.
CVR Global employs a team of around 60 people, including seven partners, based at offices in London, Birmingham, Brighton, Colchester, Northampton and Southampton.
Richard Toone, managing partner of CVR Global, said: ‘It felt like the perfect time to start a new, progressive, entrepreneurial firm - building on the excellent reputation of the division and our track-record of delivering quality work.
‘We fully intend to develop our range of services and to grow the firm through the recruitment of additional partners and the expansion of the team. As a first step, we will shortly be making an announcement about our new offshore offices.’
The partners at CVR Global have experience across a wide range of sectors and assignments, including appointments at Sustainable AgroEnergy, Magical Journeys Ltd, Marrache & Co, along with a number of credit unions.
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