Growing Newcastle business advisors RMT snaps up KSA Group in undisclosed deal
Growing North East business advisors RMT have snapped up a specialist restructuring practice in an undisclosed deal.
Newcastle based RMT Accountants & Business Advisors, part of the Sumer Group, has completed the acquisition of the KSA Group, which specialises in pre-insolvency solutions. The company, which has offices in Berwick-upon-Tweed, Gateshead, Edinburgh and London, works with directors and owners of struggling businesses to achieve rescues, often without the need for a formal insolvency process.
It was one of the first UK insolvency practices to use the internet to deliver its services, by launching an online portal 23 years ago. The 15-strong KSA team, which includes four directors and two licensed insolvency practitioners, is staying with the business. The combined restructuring team is being led by RMT director and head of recovery and restructuring, Chris Ferguson
Recommend
Barclays completes £600m Tesco Bank takeover after high court approval
2025/05/16
2025/05/16
The Bank of England's latest interest rate decision is a sign of things to come
2025/05/16
2025/05/16
Research consultancy Kada choses Gateshead for second UK base
2025/05/16
2025/05/16
UK's largest wealth manager St James's Place to embrace crypto after fund management overhaul
2025/05/16
2025/05/16
WorkNest expands with Wirehouse acquisition for undisclosed sum
2025/05/16
2025/05/16
Hargreaves Lansdown sees client surge as private equity takeover nears, despite investment hesitancy
2025/05/16
2025/05/16
Standard Chartered to double down on wealth management after tripling profit
2025/05/16
2025/05/16
Saving the day: How helping employees save could have ‘immediate and direct impact’ on thousands of families
2025/05/16
2025/05/16
Sainsbury's continues financial services exit with £720m Argos credit card sale
2025/05/16
2025/05/16
UK motor finance sector faces potential crisis after court ruling on hidden commissions
2025/05/16
2025/05/16
