BTG Consulting acquires specialist solvent liquidations website

Financial and real estate advisory group BTG Consulting has acquired a specialist solvent liquidations website. Kent-based MVLOnline.co.uk, which was founded in 2012 by David Thorniley and Chris Maslin (pictured above, l - r), provides a fixed-fee service to carry out simple members' voluntary liquidations (MVLs).

Since it was founded the website has, to date, helped thousands of business owners wind up their company’s affairs on a solvent basis.

Following the acquisition, the company’s trade and assets will be integrated into the BTG Consulting online offering, providing visitors to the site with access to its wider offering of advisory services.

The deal is described as enhancing BTG’s digital support for businesses and complementing the group’s strong online and offline advice offering for businesses and directors.

Mark Fry, Group Chief Executive of BTG, said that the acquisition “offers BTG the opportunity to further invest in our successful digital platform.”

He continued: "The MVLOnline.co.uk business is well established in its market of providing solvent liquidation services to business owners in specific situations. Broadening our digital offering to include this additional route to market enhances our group's digital footprint and provides clients with access to BTG's broader range of services."

David Thorniley, founder of MVLOnline.co.uk, commented: "We are proud of MVLOnline.co.uk's achievements since the site was launched in 2012. We are confident that under BTG's ownership the site and its service delivery will continue to provide its owner-managed company clients with a cost-effective route to wind up their businesses in a compliant and solvent manner."

The deal continues a period of acquisitive growth for BTG, following the firm’s recent acquisition of the business recovery and insolvency team from South West-based Lameys Accountants.

Find out more about the active M&A market that is reshaping many areas of the UK's professional services industry

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