Opus continues expansion plans with offices in Leeds & Newcastle

Opus continues expansion plans with offices in Leeds & Newcastle

December 4, 2020

Opus Business Advisory Group has taken another significant step as it grows its ability to offer business advisory services to businesses throughout the United Kingdom.  The group provides restructuring & insolvency, corporate finance, forensic and other allied specialties from each office within its UK office network.

The Group has recruited Mark Ranson, a restructuring & insolvency specialist, to open the group’s offices in Leeds and Newcastle upon Tyne.  With existing offices in London, Croydon, Bristol, Milton Keynes, Birmingham and Liverpool this expansion provides increased geographic coverage and additional capacity to deliver projects.

The Group has grown rapidly since formation in 2013 – from five partners and two locations at formation to 17 partners, over 40 team members and eight locations.

Mark brings 25 years of experience of restructuring and insolvency processes to Opus, with prior partnership roles being with national and regional chartered accountancy practices.  With an established network of referrers across Yorkshire, Teesside and the North East he expects to see a wide cross section of businesses over the next 12 months as the UK emerges from the challenges of Covid.

Mark Ranson said:

‘The decision to join Opus, a dedicated team of business advisory specialists with particular expertise in restructuring and insolvency, was quickly made once I saw the capability within the organisation.

2021 will be an interesting year for businesses in Yorkshire, Teesside and the North East.  The pandemic has significantly affected many of them and, through government backed schemes, many have been offered short and medium term support through their funders.  With a vaccine hopefully being rolled out in the spring it is probable that the remaining government support will be phased out. It will therefore be important for all business to review their finances and ensure that they have sufficient cashflow support for the new normal.  If initial reviews suggest finance may be tight there are additional sources of finance available, but early engagement with supportive professionals will be required in order to allow sufficient time for these sources to be mobilised.

My recruitment is a first step as we intend to grow the team in both Leeds and Newcastle upon Tyne.  But with the strength of the Opus team behind the offices we have the scale to undertaken assignments of any size from the off.’

Trevor Binyon, a founding partner of Opus, added:

‘2020 has been a significant year for Opus with the recruitment of a team into Bristol earlier in the year, now followed by the recruitment of Mark to commence our operations in Leeds and Newcastle upon Tyne.

As a firm we aim to marry the technical expertise available in all of our offices with deep local knowledge by recruiting those who truly know their locality.  It has taken us a significant time to find the right person to lead the firm’s operations in Leeds and Newcastle upon Tyne, and I look forward to the future with confidence.

With a further significant expansion to be announced early in the New Year it appears as if 2021 will be every bit as eventful as the last 12 months.’

If you would like to speak to Mark Ranson, he can be contacted at:

Phone: +44 (0) 113 512 5020

Phone: +44 (0) 191 933 1212