Winterhill Largo acquires David Currie & Co

NORTH West real estate and asset consultancy practice David Currie & Co has been acquired by Winterhill Largo.
 
The specialist asset recovery and insolvency support group, which has offices in Manchester and Blackburn, specialises in working for banks, insolvency practitioners and asset based lenders.
 
It said it has seen increasing demand for its specialist services during the recession and the addition of the property expertise of David Currie & Co will complement the group’s existing business.
 
David Currie & Co will continue to trade under its existing name and all nine staff at its offices in Manchester and Liverpool will become part of Winterhill’s 60-strong team.
 
Neil Duckworth, chief executive of Winterhill Largo, said: “The acquisition of David Currie & Co is an important step towards our aim of becoming the leading provider of asset valuation, disposal and recovery services to financial institutions and insolvency practitioners in the UK and overseas.
 
“The acquisition significantly strengthens our real estate services capability as well as increasing our geographical reach with the addition of two new offices in the North West.”
 
David Currie & Co provides property valuation and disposal services to banks and insolvency practitioners throughout the UK and also acts as Law of Property Act (LPA) Receivers.
 
David Currie, senior partner at David Currie & Co, added: “This is an exciting new opportunity to become part of the growing Winterhill Largo group.”
 
The value of the deal was undisclosed.