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Grant Thornton expands restructuring and insolvency practice

Grant Thornton expands restructuring and insolvency practice

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Grant Thornton UK LLP has made three senior appointments in its restructuring and insolvency practice, effective 1 October 2023.

Philip Stephenson has been appointed as head of restructuring in the North West, Jon Roden as partner in the Central and Midlands region and Rob Parker as the UK wide restructuring lead for construction.

With more than 25 years’ experience in restructuring and insolvency, Stephenson is currently a partner in the firm’s London Restructuring team, but previously worked in Manchester and has “strong” contacts there and across Cheshire, Liverpool City Region, Lancashire and Cumbria.

He will continue to jointly lead the firm’s Accelerated M&A offering, which spans Grant Thorntan’s restructuring and corporate finance teams and enables a rapid sales process for businesses facing liquidity challenges.

Meanwhile, Roden is a licensed insolvency practitioner and has built a “trusted reputation” in the local market.

He will also lead the firm’s work nationally with the asset based lending community.

Also based in the region, restructuring director Rob Parker will become the firm’s UK wide restructuring lead for construction, where he has recently led work on NMCN plc, Roadbridge UK Ltd and Buckingham Group Contracting Ltd.

Commenting on his new role, Stephenson said: “I am very excited to be asked to lead Grant Thornton’s Restructuring team in the North West. The team is vastly experienced and has been involved in some of the firm’s most high profile cases.

“I am particularly looking forward to working alongside directors Jason Bell and Nick Wilson to further develop the careers of our restructuring team and serving our clients when they face challenging business situations.”

Helen Dale, head of restructuring for Central and Midlands, added: “The promotion of Jon to partner, and the appointment of Jon and Rob to national roles, reflects their respected presence in both local and national markets and I’m delighted to be working with them in their new roles.”

Shaun O’Callaghan, head of UK restructuring and debt advisory, concluded: “it is always a pleasure to see our people progress into new roles and to be able to invest in our leading presence in our chosen restructuring and insolvency markets.”

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