Vijay Merchant joins Begbies Traynor as partner

As Begbies Traynor continues to expand its consulting offering in the West Midlands, it has added a new partner to its ranks. Vijay Merchant arrives having spent close to two decades in turnaround and restructuring advisory.

Part of the Begbies Traynor Group, BTG Advisory is a consulting practice which services clients across the UK with their restructuring and turnaround needs. In recent months it has been expanding across England, particularly in the West Midlands, becoming  the first port of call for many businesses in distress across Birmingham, Dudley, Stoke, Shropshire.

Vijay Merchant will be based out of the firm’s rapidly-growing Birmingham office, brings almost two decades of experience in business turnaround, restructuring and advisory, with a particular focus on supporting corporates and their stakeholders in stressed and distressed scenarios.

Julian Pitts, national regional managing partner for Begbies Traynor, commented, “Bringing Vijay to the firm not only enhances the team in Birmingham, but also the network and range of disciplines across the UK, giving clients access to more services, but also those within the firm, an even larger pool of knowledge to deliver the best and most successful advice. This is a very exciting time to be part of Bebgies Traynor Group and we believe that Vijay will be an essential part of continuing to deliver success at the firm.”

Merchant brings almost 20 years of experience in business turnaround, restructuring and advisory, with a particular focus on supporting corporates and their stakeholders in stressed and distressed scenarios. Advising both lenders, including major banks, specialist banks and non-bank finance providers, corporates and small to medium-sized businesses, he will work to identify and resolve short to medium term cash flow issues for clients, via alternative finance, funds or equity investment as well as considering options for sale or divestment.

Merchant added, “I’m really looking forward to getting started as a partner at BTG Advisory. It is clear that this firm has the strength of brand within the market already and its continued high performance for clients is reflected in its results. Despite this already high-profile, I know that I am joining a firm with lots of potential still to fill. There has been lots of investment in knowledge and expertise and having met the people in the firm, I know that the standard is incredibly high.”