Begbies Regulatory News (BEG)

1 June 2015

BEGBIES TRAYNOR GROUP LAUNCHES WORLDWIDE INSOLVENCY, RESTRUCTURING AND FINANCIAL ADVISORY GROUP

Begbies Traynor Group, the specialist professional services consultancy, today announces the launch of BTG Global Advisory (www.btgga.com), an international alliance of independent insolvency, restructuring and financial advisory firms operating in key jurisdictions across the globe.

BTG Global Advisory advises leading banks, law firms, private equity and other funds, creditor committees, operating companies and other parties affected by distress, and has a particular focus on North America, Europe, Asia and Australasia. However full global coverage is assured via a comprehensive network of associate members.

The new alliance builds on the Group's international network with a new structure, a new set of business objectives and the establishment of a core group of members, made up of:

· Begbies Traynor Group (United Kingdom) - www.begbies-traynorgroup.com;

· Farber Financial Group (Canada) www.farberfinancial.com;

· GlassRatner Advisory & Capital Group LLC (USA) - www.glassratner.com;

· Integrated Capital Services Limited (India) - www.raas.co.in;

· PLUTA Rechtsanwalts GmbH (Germany, Italy and Spain) - www.pluta.net; and

· Rodgers Reidy (Australia, Hong Kong, Malaysia, Singapore & New Zealand) - www.rodgersreidy.com

Additionally the Group has a number of relationships with other large advisory practices in other major jurisdictions who are about to join BTG Global Advisory and these will be announced over the coming months.

Nigel Atkinson, Chief Executive of BTG Global Advisory, said: "As one of the world's leading specialist independent insolvency and restructuring groups we have complete industry sector coverage, and all of our members are well-established and trusted professionals within each of their regions, giving us invaluable local knowledge globally.

"The wide range of skills at our disposal means that we are not limited to providing restructuring and insolvency services to distressed businesses, but can offer a complete range of services to underperforming and growing businesses and their stakeholders."

The specialist services provided by the alliance include insolvency, turnaround advisory and implementation, performance improvement consulting, loan workout, interim management, investment banking, forensic accounting, managed exit services and complex cross-border M&A transactions.

- ENDS -

Enquiries please contact:

MHP Communications 020 3128 8100

Katie Hunt / Jade Neal / Giles Robinson / Jennifer Iveson

About Begbies Traynor Group

Begbies Traynor Group plc operates from 43 UK locations through the following operating divisions:

Begbies Traynor is the UK's leading independent business recovery practice handling the largest number of corporate insolvency appointments.. We provide a range of specialist professional services primarily to businesses, their professional advisors and the major banks covering insolvency, restructuring and risk management activities.

BTG Financial Consulting is a UK advisory firm providing practical consulting services that improve financial and operational performance in challenging conditions. They regularly work with creditors, debtors, management teams and stakeholders.

Eddisons is a leading UK firm of chartered surveyors, offering a wide range of specialist services to banks, insolvency practitioners, and owners and occupiers of commercial property. The core services offered are valuation and disposal of property including fixed charge property receiverships; valuation and disposal of machinery and business assets; auctions; insolvency insurance brokerage; property and facilities management; and building consultancy and ratings valuations.

Information on Begbies Traynor Group can be accessed via the Group's website at www.begbies-traynorgroup.com

Information on Eddisons can be found at www.eddisons.com