3rd May 2007 11:21
Begbies Traynor Group PLC03 May 2007 RNS Reach Release 3 May 2007 Begbies Traynor Group plc Expansion of Services Begbies Traynor Group plc ("BTG"; AIM: BEG) has added a new professional serviceoffering to its portfolio by acquiring Stellar Financial Partners LLP, whichprovides specialised fiscal structuring and investigations consultancy advice toindependent financial advisors, financial institutions and general practiceaccountants. BTG intends to substantially grow its activities in this area, building on thisinitial acquisition, under the BTG Financial Partners brand as part of itsstrategy to deliver group activity in excess of £100m by 2010. The acquired firm is led by Steve Bold, who has many years experience in both HMRevenue and Customs and, more recently, in professional practice. Steve leads aManchester-based team of consultants generating some £1.2m net fee income perannum, all of whom are remaining with the business. BTG Financial Partners aims to expand both its geographical coverage and itsrange of specialist fiscal consultancy services, continuing to work with thefinancial community as well as through providing complementary support togeneral practice accountants and by working closely with the Corporate Financeand Corporate Rescue divisions of the BTG group. Ric Traynor, Executive Chairman of Begbies Traynor Group plc, comments:- "It is a pleasure to welcome Steve and his team to the BTG group. Thisacquisition is part of our continuing expansion strategy and enables us to offerour clients an even broader range of specialist professional support services. "Our goal is to add activities that complement our professional service offeringsto the increasing network of general practice professionals and financialinstitutions with whom we regularly work." Enquiries, please contact: Ric Traynor Neil Boom/Laura BlackExecutive Chairman Gresham PR Ltd.Begbies Traynor Group plc 020 7404 90000161 839 0900 Information on Begbies Traynor can be accessed via the Group's website atwww.begbies-traynor.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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