We are pleased to announce that Eddisons has joined Begbies Traynor Group with an acquisition that completed on Thursday 18th December.
Eddisons will continue to be run by members of the current management team who will remain with the business for at least five years. The Firm will maintain its existing trading brand and will operate as a separate division within the Group.
Richard Roe, Managing Director of Eddisons said “We are delighted to become part of the Begbies Traynor Group. It represents the next stage in the development of Eddisons with a good cultural fit between the two organisations.
Our new financial stakeholders have committed to growing the Eddisons business and we anticipate announcing further acquisitions next year to cement our position in key market sectors.”
We would like to thank all clients for their continued support and look forward to working with you in 2015
Richard joined Eddisons in 2003 and has been the Managing Partner since 2012, a role that sees him lead the strategic direction and development of the business under the ownership of Begbies Traynor Group plc. Richard has been instrumental in the growth of the business which has seen turnover more than double since 2008.
In addition to his role as Managing Partner, Richard continues to play a vital role with key clients, particularly in the banking sector, where he is a trusted adviser to major high street clearing banks. Over the last eight years, Richard has been appointed LPA Receiver on many high profile properties and assists in the recovery of distressed loan portfolios.
Prior to joining Eddisons, Richard worked in the real estate division of a 'Big Four' firm where his notable assignments included the privatisation of Saudi Telecom for flotation on the New York Stock Exchange.