Fortus launches recovery and insolvency business

Fortus Business Advisors & Accountants has launched a dedicated recovery and insolvency business, Fortus Recovery, after merger with HJS Recovery

The new division will provide advice, guidance and support to UK businesses facing a multitude of challenges from creditor pressures to potential insolvency.

The move also sees a merger with insolvency practice, HJS Recovery which will see 18 members of staff join the Fortus team.

At a senior level the main appointments are Gordon Johnston, who has joined the Fortus executive board, while Shane Biddlecombe is joining as an equity holder. 

Fortus Recovery’s service offering not only includes business recovery services, but also corporate finance and formal insolvency solutions. 

The Fortus Recovery team are highly experienced and knowledgeable, having helped hundreds of companies with the vital business of restructuring, refocusing and recovering.

Gordon Johnston, executive director at Fortus and former managing director of HJS Recovery said: ‘We’re excited to be able to share our experience and expertise. Our focus is to help companies, both large and small, find their way through the financial darkness by providing confidential business debt and recovery advice.

‘We understand that each case has its own unique characteristics and as such, tailor our solutions to the particulars of the business and its issues.’

Chris Timms, Fortus’ CEO added: ‘We continuously look to develop the extension of our client services. Having worked closely with Gordon and his leadership team for almost four years now, the natural evolution of our business relationship was to bring together our propositions, and subsequently, Fortus Recovery was born.

‘It’s a team led by experience, insight and a very rounded consultative approach which in turn, provides essential advice to business owners allowing them to refocus and ultimately recover.’

Sara White |Editor, Accountancy Daily, published by Croner-i

Sara White is editor of Accountancy Daily, published by Croner-i, and in...

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