KR8 Advisory launches in Manchester and London
An established team of advisory-led restructuring professionals have launched KR8 Advisory, with offices in Manchester and London. The practice is led by eight managing directors, supported by an experienced team of turnaround professionals.
KR8 Advisory, who are rapidly recruiting across both offices and looking to expand into other key UK cities, are focused on delivering advice and support to clients across key areas including business advisory, capital advisory, restructuring, personal insolvency and real estate.
Before launching KR8 Advisory, the team worked together for over 10 years within the restructuring division of a global financial services business, from where they led the growth of the largest restructuring team within the North West. The team bring extensive expertise across accounting, finance, banking, industry and real estate, offering strategic and commercial advice to corporates, lenders, sponsors and other key stakeholders throughout the UK.
The practice joins multi-disciplinary professional services firm K3 Capital Group in the Restructuring division – one of four divisions, which also comprise business sales, tax & transaction services and technology solutions.
With the financial landscape evolving and the current economic challenges in the UK linked to growth, inflation and borrowing costs, KR8 Advisory sees an opportunity to offer innovative solutions where clients need them most.
David Fleming, managing director at KR8 Advisory, said: “I’m thrilled at the opportunity to work again with the team which has achieved so much success and built tremendous client relationships through providing excellent client service as trusted advisers to corporates and stakeholders across the UK. Building and developing our client relationships is central to our culture and business objectives. We view our clients as business partners and very much look forward to reconnecting to explain our vision for the business over the coming weeks.”
Michael Cauter, CEO of K3 Capital Group, said: “I’m delighted that the KR8 team will be further strengthening our restructuring division and have no doubt that the breadth and quality of their expertise will provide invaluable support to our clients across the UK
The eight managing directors of KR8 Advisory (left to right): Annika Kisby, Paul Greenhalgh, Martin Gray, Jimmy Saunders, Paul Carter-Bell, Mike Lennon, David Fleming, Joanne Wright.