Merger brings bright outlook for Midlands insolvency firm

SAI has branches in Worcester, Hereford and Northampton, while BM operates across London and the South East. The new merged company will be called Benedict Mackenzie.

Company director Sanjay Swarup said: “The combined entity of BM and SAI brings together more than 20 years of experience of providing insolvency and advisory services.

“The scale will allow for better service, with increased efficiencies.”

Company director Carrie James, the insolvency appointment taker, said: “The practice is committed to investment in latest technology and working practices so that our customers can get the best service.

“We now have physical presence across the South East, Worcestershire, Herefordshire and Northamptonshire. 

“We will be, as previously, focused on development of our people, the key resource for this knowledge based sector.”

BM focuses on bringing pragmatic and practical advice to the SME market, working with owner managed business, be they limited companies, limited liability partnerships, sole traders or partnerships as well as individuals facing financial difficulties.

Services offered include formal insolvency guidance and consultancy as well as business turnaround advice and strategy implementation.

BM works with business advisers to provide specialist advice on business rescue and recovery, liquidation, administration and company voluntary arrangements.

Sanjay added: “The decision was made for SAI’s Carrie James to head up the merged practices and continue to provide the highest calibre of practical and professional services that both companies are known for.

“Carrie is also the Deputy Vice-President of the Insolvency Practitioners Association.”

“The merger makes perfect sense as we have a shared value of ensuring we deliver practical advice, the best interests of all concerned, and working with SME clients to ensure that they never feel pressurised to use our services.”

“These are exciting times for both SAI and BM as we continue to provide outstanding service to our clients without high pressure selling from us, will ensure our trusted approach continues across a wider area.”

“We are delighted to have joined together and excited at the potential to further help our clients out when facing such difficult times.”