Deloitte buys restructuring specialist CRG Partners

10 May 2012 Consultancy.uk

Deloitte has bought CRG Partners, a leading turnaround and restructuring firm based in the US. Approximately 60 consultants will be integrated into the Financial Advisory Services (FAS) unit of the Big 4 firm. The deal is expected to close in a month and terms of the deal were not disclosed.

CRG Partners is headquartered in New York and has 6 other offices in the US. Over the past decade, the firm has built a strong track record. In 2010, CRG Partners won the 'Turnaround Management Association's Mega Company Turnaround of the Year Award' for its work with Pilgrim's Pride Corporation. CRG Partners is also renowned for its successful turnaround of Major League Baseball club Texas Rangers.

Deloitte - CRG

1,000 restructuring experts

The acquisition expands Deloitte's financial restructuring, turnaround management and bankruptcy reorganization capabilities. "This strategic acquisition is a springboard for our practice in broadening its footprint and advancing our position as a leading provider of restructuring and reorganization services," said Sheila Smith, US Reorganization Services Group leader at Deloitte. Globally Deloitte now has more than 1,000 consultants providing restructuring services.

"Investing in our restructuring and financial advisory capabilities is one of our top priorities," said David Williams, CEO of Deloitte Financial Advisory Services. "Combining our collective resources and talent significantly enhances Deloitte's competitive profile in terms of size, scale and scope, giving us a leading edge in the marketplace."

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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.”