South: Quantuma acquires Manchester insolvency firm

Quantuma has announced it has acquired Manchester-based specialist insolvency and advisory firm Bell Advisory, following a period of significant growth in Manchester.

Bell Advisory has two team members, Gary Bell (founder) and Paul Llewellyn, both of whom will join the business advisory firm as restructuring and insolvency director and manager respectively. Bell Advisory will operate under the Quantuma brand.

Carl Jackson, managing partner at Quantuma, said: “We continue to grow rapidly in the North West and when the opportunity occurs to merge with a quality practice with experienced advisers like Gary, then it makes sense to talk.

“Growing the range of services we offer in the region has been on our agenda for some time, and we have been extremely impressed by the quality of work delivered by Gary and his team.

“In our first year we have had over 90 instructions into the Manchester office, generated through the relationships the team has with the local professional community. The types of instructions have included restructuring advisory assignments on behalf of the stakeholders of a number of businesses operating in the mid-market. Our forensic accounting team has also had a strong start, undertaking a range of expert witness and expert determination instructions in commercial disputes, including post transaction and business interruption matters. And we’ve also undertaken a number of domestic and global investigation assignments which have predominantly involved tracing assets.”

Founded in 2013 by Carl Jackson, Quantuma has grown to become a £25m practice employing 250 staff. Headquartered in London, the company has a strong presence in the South of England, with locations in Southampton, Marlow, Watford, Brighton, Scotland and Bristol.