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Moore Kingston Smith has announced that it has acquired London-based partnership of insolvency practitioners CBW Recovery (CBWR).
The acquisition of CBWR’s team of two licensed insolvency practitioners and eleven professionals, led by Joe Colley, expands and strengthens Moore Kingston Smith’s existing restructuring and insolvency team.
The firm believes that the CBWR team’s strong reputation in the nonprofit sector further enhances the firm’s offering in the sphere.
CBWR is the latest firm to join Moore Kingston Smith, following the acquisition of Shipleys in October 2024, WMT in June and Moore Northern Ireland in August.
Matt Meadows, managing partner of Moore Kingston Smith, said: “With insolvencies on the rise, the need for skilled, trusted advisers to help clients navigate the challenges they’re facing, with the ability and understanding required, is greater than ever.
“CBWR’s skills, quality work and impressive referrer base make this merger a great fit with our strategy and goals, as we continue strengthening our expertise and reach across the UK and beyond. The additional skills and resources they bring benefit our clients, our team and our referrers with an integrated service offering that makes the most of our specialisms.”
Colley, partner at CBW Recovery, added: “This is a pivotal moment for CBW Recovery and a step we’re taking to further our ability to best help those navigating tough and complex situations. Beyond clients’ restructuring and insolvency needs, they now have instant access to experts across a multi-disciplinary professional services practice, plus an international reach through the Moore Global network.”
Moore Kingston Smith is the first UK accountancy firm to receive PE investment to fund its M&A programme while keeping its partnership status.
