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Smith Cooper grows Birmingham business recovery team with new director appointment


Posted on 15 January 2015

Smith Cooper is continuing to grow its business recovery team in the city with the appointment of a new director.

Following the recent arrival of Business Recovery and Insolvency Partner Nick Lee, leading accountancy and advisory firm, Smith Cooper has announced a further strengthening of its team with the appointment of Richard Tonks as Director.

A qualified insolvency practitioner, Richard arrives at Smith Cooper following a 16-year career with BDO.  Richard commented: “Smith Cooper is an ambitious firm who are continuing to experience growth in their operation in Birmingham. I am delighted to be adding my experience in supporting distressed businesses to  their already impressive team

Richard will provide support to Nick in Birmingham and Head of Business Recovery, Dean Nelson, across the wider Midlands region.  Welcoming Richard to the firm, Dean commented: “Richard is a well respected practitioner who will bring outstanding experience to further strengthen our business recovery offering and add to our great track record of saving distressed business and individuals in financial difficulty. We are delighted that Richard is joining our growing team and look forward to working with him.”

The appointment follows a busy year for Smith Cooper who recently moved premises in Birmingham to accommodate their growing West Midlands team.

Jackie Hendley, Head of Office for Smith Cooper in Birmingham, added: “Richard’s appointment further enhances our offer to the local SME market.   Richard’s experience in manufacturing, not-for profit, retail and leisure will support our specialist sector teams as we work with our clients to provide multidisciplinary advice to help their businesses grow.

There is no doubt that 2015 will be challenging. We expect to see businesses across all sectors continue to grapple with the challenging mix of economic and financial pressures. With this will come the need to bring specialist skills to help strengthen operational failings within a business and Richard will play an instrumental role in helping struggling businesses from across the region.”

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