Grant Thornton buys online debt advisory DebtWizard

30 March 2015 Consultancy.uk

Business and financial advisory firm Grant Thornton has acquired online debt advice company DebtWizard, boosting the firm’s debt services capabilities. DebtWizard’s founder Mike Thomas, who set out to find a purchaser with the desire and ability to take the business forward, will actively stay involved in the brand building of the company.

DebtWizard is an in 2005 established online debt solution and advice company that provides free and impartial debt advice to consumers on debt-related topics. Over the past ten years, the company has provided debt solutions to thousands of people facing insolvency or bankruptcy.

The acquisition of DebtWizard will boost Grant Thornton’s UK Debt Services and enable it to provide better debt management support to its clients as well as advice needed to regain financial control. Gareth Neill, Recovery and Reorganisation Partner at Grant Thornton, explains: “We understand that money worries add up to more than just numbers and take a truly personal and sympathetic approach to helping thousands of people each year resolve their debt problems. The acquisition of DebtWizard enables us to offer more to those who need support with debt management and helps us to achieve our goal of providing the support and advice needed to regain control.”

Grant Thornton UK buys online debt firm DebtWizard

For DebtWizard, the acquisition provides it with a strong party interested to further build the brand and its footprint in the online debt services. As part of the deal, founder of DebtWizard Mike Thomas will continue to play a role in the development of the DebtWizard brand. Commenting on the buy, Thomas says: “I am delighted that I have secured a credible and well respected buyer in Grant Thornton, who intends to develop the DebtWizard brand further.  I am looking forward to working together to ensure DebtWizard continues to be at the forefront of support for consumers in need of debt resolution services throughout the United Kingdom.”

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SQW Group purchases property-based regeneration consultancy

19 April 2019 Consultancy.uk

UK consulting firm SQW Group has completed its first acquisition since it completed a management buyout in January 2019. BBP Regeneration joins the company having collaborated with SQW for more than 20 years.

Established in 1983, SQW Group now operates all over the world. Comprising SQW, Oxford Innovation, Oxford Innovation Services – one of the UK’s leading innovation centre operators – and Oxford Investment Opportunities Network, the organisation’s origins can be traced to Britain’s two ancient university cities: Oxford, through Oxford Trust founders, Martin and Audrey Wood, and Cambridge, through SQW’s work in producing The Cambridge Phenomenon.

The consultancy specialises in public policy, working with entities from the public, private and voluntary sectors to research, develop, implement and evaluate social and economic development interventions. It now employs over 250 people across regional offices in London, Oxford and Edinburgh, and provides business support to over 4,000 entrepreneurs and small businesses each year. At the start of 2019, SQW secured its independence in a management buyout, advised on by M&A experts from Liberty Corporate Finance and Penningtons Manches.

SQW Group purchases property-based regeneration consultancy

SQW has strengthened its position as a provider of services across the business spectrum with the acquisition of BBP Regeneration. Founded in 1994, the consulting firm specialises in land and property-based regeneration and growth schemes, and is a leading social and economic development consultancy. 

The two firms first worked together over 20 years ago, when SQW and BBP collaborated to develop the first Regional Economic Strategy for the South East. More recently, they developed an economic strategy for Thanet and are now working together in locations stretching from Cwmbran via Oxfordshire to London.

With the addition of BBP, SQW can now provide an integrated advisory service for organisations developing property schemes which deliver economic benefit to their local area. By joining SQW, meanwhile, BBP hopes to further enhance its ability to support clients in delivering property and place-making ambitions. 

Speaking about the deal, SQW CEO David Crichton-Miller commented, “The UK more than ever needs solutions to the challenges of places – of high streets under threat, of meeting housing delivery targets, and of both economically over-successful and economically challenged towns and cities – and the combination of SQW and BBP is uniquely suited to developing those solutions. [This deal] brings together critical and complementary services relating to places to serve our clients with leading edge and practical advice.”

Andy Smith, Director of BBP Regeneration, added, “SQW shares with BBP the same values of seeking to provide outstanding, practical, real world advice that helps get buildings built and places developed.  We greatly look forward to the opportunities that come from joining our two organisations together.”