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.
Quantuma was set up by former Tenon partner Carl Jackson after he stepped down in September last year. The Marlow office will be led by Peter Hughes-Holland, Frank Wessely and Chris Newell - all of whom previously worked with Jackson at Tenon.
Jackson said: “When I launched Quantuma I wanted to provide an independent restructuring offering to businesses and individuals in the South. With the opening of the Marlow office we are able to expand our coverage in this region and continue to grow the business.
“The recruitment of Peter, Frank and Chris, along with the rest of the Marlow office represents a significant step forward in the firm's development and I very much look forward to working with the Marlow team again.”
Baker Tilly has also sold three offices of the Scottish insolvency and restructuring arm of Tenon to FRP Advisory.
Twenty-eight members of staff from Edinburgh, Inverness and Aberdeen will now come under the brand of the insolvency specialist. The Scottish team will continue to be headed up by Tom MacLennan and Iain Fraser, who join FRP Advisory as partners.
FRP Advisory was set up following the collapse of Vantis in 2010.