Business advisory firm Quantuma has completed a merger with Kingsland Business Recovery, which sees the firm open three new offices across the Midlands and Yorkshire as part of expansion plans beyond its base in southern England
Kingsland Business Recovery is a licensed insolvency practice, providing restructuring and insolvency advice and solutions to businesses across all industry sectors. With the Midlands offices led by Taz Rashid, the team have a combined experience of over 75 years in all areas of corporate and personal insolvency.
As a result of the merger, Quantuma will take on Kingsland’s offices in Bradford, Birmingham and Nottingham, as well as all eight of its employees.
Rashid, director at Kingsland, said: ‘The merger provides us with access to Quantuma’s national network and additional business advisory services, which means it is business as usual with additional value add for our clients.’
Founded in 2013 by Carl Jackson, Quantuma has grown to become a £20m practice employing 150 staff. Headquartered in London, the company has a strong presence in the south of England, with locations in Southampton, Marlow, Watford, Brighton and Bristol.
This is the firm’s first move into the Midlands and Yorkshire and follows further expansion earlier this year. Last month, the business opened its first office in the north west with a site in Manchester’s Number One, Spinningfields development.
Carl Jackson, managing director at Quantuma, said: ‘We continue to grow rapidly organically, but when the opportunity occurs to merge with a quality practice such as Kingsland Business Recovery, then it makes sense to talk.
‘Developing a footprint in the Midlands and Yorkshire has been on our agenda for some time, and we have been extremely impressed by the quality of work delivered by Taz, Rehan and their team.’