FRP Advisory Facilitates Sale of Aston Rothbury Factors
Summary
Commenting on the deal, Lionel Blackledge, partner at FRP Advisory said: “With a strong client book and a good reputation, we were confident that a sale of Aston Rothbury Factors could be achieved.With 28 partners and 200 staff, FRP Advisory is one of the largest restructuring, recovery and insolvency firms in the UK, operating out of 9 locations including London, Bexleyheath, Hornchurch, Birmingham, Manchester, Leicester, North East, St Albans and Worthing.To find out more, visit www.frpadvisory.com London, United Kingdom, July 29, 2010 --( PR.com )-- Specialist restructuring, recovery and insolvency firm, FRP Advisory LLP, has secured the sale of the client portfolio of Aston Rothbury Factors to Bibby Financial Services.The deal, which completed on 26 July 2010, will secure the funding lines of more than 40 clients.Aston Rothbury Factors went into administration on 28 June following the withdrawal of funding lines by the incumbent funder, with the appointment of FRP Advisory as administrators.Commenting on the deal, Lionel Blackledge, partner at FRP Advisory said: “With a strong client book and a good reputation, we were confident that a sale of Aston Rothbury Factors could be achieved.These focus on enhancing the performance of businesses, as well as saving businesses in distress.Services include: commercial & asset finance, corporate insolvency, restructuring, independent business reviews, interim management & placement services, personal insolvency & advisory, creditor services, insolvency investigation services and banking live-side support.With 28 partners and 200 staff, FRP Advisory is one of the largest restructuring, recovery and insolvency firms in the UK, operating out of 9 locations including London, Bexleyheath, Hornchurch, Birmingham, Manchester, Leicester, North East, St Albans and Worthing.To find out more, visit www.frpadvisory.com Contact Information FRP Advisory LLP Georgina Swain +44 (0)20 7467 4005 www.frpadvisory.com 66 Wigmore Street, London W1U 2SB United Kingdom Click here to view the list of recent Press Releases from FRP Advisory LLP Promote Your Business Press Release Pricing Email this page to a friend