Independent insolvency practice Berry & Co has joined forces with corporate recovery specialist Jonathan Cooper and his team to create new firm, Berry& Cooper, with a projected annual fee income of £2.6m and plans to open a nationwide network of offices within the next 12 months.
The Manchester-based outfit is led by Berry & Co founder and insolvency practitioner Stephen Berry, alongside Cooper, who has incorporated his experienced team of corporate recovery specialists into the new business.
Berry & Cooper says it will call upon a six-figure business development and acquisition fund to execute its growth strategy, which includes the recruitment of five additional insolvency practitioners across the UK.
Berry said: ‘The majority of firms in this industry have retreated into their shells following a sustained period of market contraction. What sets us apart from those practices is that we are determined to achieve significant growth ambitions and we have the confidence and collateral to back them up.’
Berry & Co was founded by former solicitor Stephen Berry seven years ago and has delivered a number of high-profile restructuring projects, including the administration of law firm Wolstenholmes LLP.
