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Opus Restructuring LLP, the restructuring and insolvency arm of Opus Business Advisory Group, has acquired the business and certain assets of SKSI Limited and its subsidiary MLM CPS Limited the restructuring and insolvency division of SKS Business Services.
Opus Business Advisory Group assists businesses and individuals to take command and gain control of financial and operational challenges as well as supporting change and growth opportunities.
The group’s services include strategic advice, business rescue, corporate finance, equity investment, capital raising, forensic accounting, and restructuring and insolvency.
As part of the transaction, Fred Satow, the former CEO of SKSI Limited, became a partner of Opus Restructuring LLP, and two workers joined the company directly and eight indirectly.
According to Opus, the sale does not affect the business of SKS Business Services, the accountancy services business founded by Sanjay Swarup, which continues to provide accountancy, audit and assurance and tax services nationally in England and Wales through a network of local offices.
Tim Dolder, group partner at Opus, said: “We are very pleased to have concluded this purchase and welcome the new team and clients to the Opus Group. We look forward to continuing to assist SKS Business Services clients and to develop a strategic partnership with them.”
Swarup, CEO of SKS Business Services, added: “We are delighted to have concluded this sale, which enables us to concentrate on our core business of advising businesses and individuals on accountancy matters. We look forward to working in the future with Opus and the SKSI team and wish them all the best for the future.”
