Begbies Traynor adds to Cardiff strength with Dewey & Co Corporate Recovery and Insolvency Business acquisition

Specialist professional services organisation Begbies Traynor Group has added to its strength in Wales with the acquisition of the corporate recovery and insolvency business of Dewey & Co. Dewey & Co was established in Cardiff by Peter Dewey, who was formerly with Deloitte, 19 years ago. As well as the corporate recovery and insolvency business, the company has a general accountancy practice which remains independent.

Specialist professional services organisation Begbies Traynor Group has added to its strength in Wales with the acquisition of the corporate recovery and insolvency business of Dewey & Co.

Dewey & Co was established in Cardiff by Peter Dewey, who was formerly with Deloitte, 19 years ago. As well as the corporate recovery and insolvency business, the company has a general accountancy practice which remains independent.

The corporate recovery and insolvency specialism will now operate as an integral part of Begbies Traynor’s long established Cardiff office. Explains David Hill, partner responsible for Cardiff: “The addition of the Dewey & Co team to our operation provides further partner level expertise and resource at a key time in our growth locally and nationally. We are seeing rising demand for our services as businesses increasingly recognise the need to seek professional advice sooner rather than later when they come under financial pressure.”

Peter Dewey adds: “There is a natural synergy between our two businesses and this is the right time to formally separate our corporate recovery and insolvency operation from our other work. The link with Begbies Traynor now makes our team part of the leading independent, business rescue, recovery, and restructuring specialist in the UK.”

Begbies Traynor Group plc has grown consistently in recent years, with a number of acquisitions around the country adding to its geographic strength and service scope. The Group today is AIM listed and provides independent professional advice and solutions to businesses, financial institutions, the accountancy and other professions and individuals in the areas of finance, recovery, investigation and risk management, specialist financial advice and commercial finance.