Restructuring and insolvency business acquires counterpart

Opus Restructuring, the restructuring and insolvency arm of Opus Business Advisory Group, has bought SKSI and its subsidiary MLM CPS – the restructuring and insolvency division of SKS Business Services.

Opus has offices throughout the UK, including in Nottingham.

As part of the sale two employees join Opus directly with a further eight indirectly and Fred Satow, the former CEO of SKSI becomes a partner of Opus Restructuring.

The sale does not affect the business of SKS Business Services, the accountancy services business founded by Sanjay Swarup.

Tim Dolder, group partner at Opus, said: “We are very pleased to have concluded this purchase and welcome the new team and clients to the Opus Group. We look forward to continuing to assist SKS Business Services clients and to develop a strategic partnership with them.”

Sanjay Swarup, the CEO of SKS Business Services, added: “We are delighted to have concluded this sale, which enables us to concentrate on our core business of advising businesses and individuals on accountancy matters. We look forward to working in the future with Opus and the SKSI team and wish them all the best for the future.”