H.I.G. Europe to Acquire KPMG’s UK Restructuring Business, Rebranded to Interpath Advisory – Business Wire

LONDON–(BUSINESS WIRE)–H.I.G. Capital, LLC (“H.I.G.”), a leading global alternative investment firm with over 35 billion of equity capital under management, is pleased to announce that one of its affiliates has signed a definitive agreement to acquire KPMGs UK restructuring business, a leading provider of insolvency, financial restructuring and turnaround services in the UK and globally.…

BDO Consulting Adds Welch to Business Restructuring and Turnaround Services Practice – News – ABL Advisor

BDO Consulting Group announced that Nick Welch recently joined the firms Business Restructuring and Turnaround Services practice as a Director in the firms Miami, Florida office and will primarily cover the Southeast regional markets. Nick, a seasoned financial advisor, has more than 20 years of experience in professional services and has spent the last nine…

Creditors hit by alleged bankruptcy ruse – Bellingen Courier Sun

Creditors have allegedly been cheated in a complicated scam involving a registered trustee, an insolvency advisor and a bankrupt person. A series of properties were raided across South East Queensland on Wednesday with records seized in relation to suspected fraudulent behaviour. During the bankruptcy, a registered trustee and a pre-insolvency advisor are alleged to have…

KPMG unit sale creates new restructuring behemoth Interpath Advisory – City A.M.

KPMG has signed an unconditional agreement to sell its restructuring practice to Interpath Advisory, a newly-formed company backed by private equity firm HIG Europe. The sale will see 22 partners and around 528 staff currently employed in KPMGs restructuring practice transfer to Interpath Advisory, making it the largest independent restructuring and turnaround business in the…