Added Strength for StarAdvise Following Acquisition

NEWS & BLOG

NEWS & BLOG

Hereford based restructuring, turnaround and insolvency specialist, StarAdvise, has joined forces with BLB Advisory Ltd, meaning it now has even more resources to help businesses in need.

StarAdvise is delighted to announce its expansion following its merger with BLB Advisory who are based in Coventry and cover the Midlands region. Although it now falls under the BLB Advisory banner, it’s very much business as usual. The two offices will continue to focus on supporting companies within their local area, and this growth just means that there is now more resources and more knowledge shared across the organisation.

Louise Hookham of StarAdvise said: “I have worked with Brett Barton, Managing Director of BLB Advisory, in the past, so when we were both looking to grow it seemed an obvious solution for us to combine our forces together. We are now a team of six and having this broader experience will mean we can offer an even greater service to all of our clients.”

As well as this broader experience, Louise still works very closely with Rachel Ballinger, Licensed Insolvency Practitioner, who is still based in the Hereford Office. This means that StarAdvise has the benefit of two licensed insolvency practitioners under the BLB Advisory banner.

Brett commented: “Louise and I both left roles at a national practice to open our own businesses as we wanted to be able to provide support to SMEs that can be difficult to achieve in larger organisations at a competitive price. This acquisition made such sense as we both have the same priorities and we both have an emphasis on supporting companies of all shapes and sizes within the areas we know best. Both practices will very specifically still focus on their respective counties and it’s very important to both Louise and myself that this regional approach remains.”

The expanded team at StarAdvise still provides the same wide range of services, from simple advisory assignments, to help with raising finance, business acquisitions and disposals, business exits and assisting with financial distress. The heart of the company is to offer impartial and constructive advice that explores all the possible options, ensuring that the best outcome is found for each individual case.

Whether you are looking for help with rescuing a business or you need some guidance through a closure, please get in touch with StarAdvise on 01432 345888 or info@staradvise.co.uk.

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