Trans-Pennine merger to see insolvency practice firms join forces

Two insolvency practise firms have announced plans to complete a trans-Pennine merger.

Huddersfield-based Brook Business Recovery and Poppleton & Appleby Manchester are set to join forces, creating an expanded Business Recovery and Insolvency specialist practice.

Once the merger is complete, the new company will be known as Poppleton & Appleby.

Poppleton & Appleby Manchester is an independent regional insolvency practice run by Stephen Wainwright and Allan Cadman, while Brook Business Recovery was established in 2011 by founder Charles Brooks.

Both firms focus on supporting business owners as they work through the consequences of commercial and financial challenges.

The merger will combine expertise and resources, increase the breadth of each firms’ service offering and allow the trans-Pennine region to be better served from two fully-staffed and ideally situated offices.

Charles Brook commented: “The potential to be achieved from this merger is far too good to miss. Losing the Brook Business Recovery brand is a bitter-sweet moment because it not only carries my name but has also been my life for the past 6 years; growing from working with my first client from the spare room at home to the boutique operation and highly skilled team that we have 6 years later.

“However, I am excited about the future in combining forces to become one firm with my new partners under the highly regarded Poppleton & Appleby banner with the enhanced capacity to deliver more of the services that our clients require.’

Stephen Wainwright also said: “At Poppleton & Appleby I am proud of the level of service that we provide to clients and introducers. For the first time, we are looking to expand outside of the existing practice.

“We are delighted and excited at the prospect of integrating Charles and his team with our existing dedicated and vastly experienced team. We have an opportunity to develop fresh market opportunities and to add to the bespoke service that we provide.’

Allan Cadman added: “The Recovery and Insolvency profession is undergoing significant change both in terms of statute and regulation, and also the changing needs of the market place.

“The skill sets of the individual practices are complementary and as a merged practice will enhance the offering to clients and add strength in the challenging times ahead.”

The businesses will be officially merging on 1st June, retaining all personnel and offices in both Manchester and Huddersfield.

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