Baker Tilly offloads Tenon insolvency offices | AccountingWEB

Baker Tilly offloads Tenon insolvency offices

Baker Tilly has sold two of RSM Tenon’s insolvency practices to Quantuma Restructuring and three Scottish offices to FRP Advisory, following its acquisition of the mid-tier rival earlier this year.

Southampton-based Quantuma recently acquired the former Tenon offices in Marlow and Brighton from Baker Tilly, who bought the firm out of insolvency in a pre-pack deal over the summer.

Quantuma was set up...


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Incestuous ...    1 thanks

JC | | Permalink

Pre pack then acquiring (cherry picking) to get elements back whilst dumping the problems

... and from people in the profession. Yes it's legal but ......

As well as potentially colluding with Bake Tilly over this ??

Don't forget that if the new owners were involved with Tenon as former partners / staff they were instrumental in the original failure - so now theyv are rewarded for their orginal failure ?

Perhaps when advertising the new company as 'Insolvency and Restructuring' - they could provide a Case Study of their own antics to demonstrate how it operates, and show they themselves are satisfied 'customers' - mmm .......