Tue, 06 Aug 2013 | BUSINESS SALE
Debt management business, Focus Insolvency Group, has bought Focus Debt Management Ltd, marking its second acquisition this year. The details of the deal and the price have not been disclosed.
Under its new ownership, Focus Debt Management will provide debt recovery assistance to individuals and businesses, who do not require a formal procedure for their restructuring.
Operating in the North West of England, Focus Insolvency Group is headed by two licensed insolvency practitioners, Anthony Fisher and Gary Birchall. It provides debt solutions and restructuring to individuals, sole traders and limited companies.
Commenting on the deal, Mr Fisher, managing director at Focus Insolvency, said: “The business has been relocated to our Wigan office, providing current clients with direct access to our existing team of professional advisors, who take pride in providing an unrivalled level of service and personal attention.”
Focus Insolvency holds a series of open days in cities, including London, Cambridge, Birmingham and Bristol, to offer face-to-face assistance to the debt-laden public.
The firm also bought Phil Stone Consultancy in January this year, and has an ongoing acquisition growth goal.
Mr Fisher said: “We are also acquiring businesses that complement the group, expanding the reach and level of the services that we provide to those in financial difficulty.”
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