Rodgers Reidy, an advisory firm specialising in insolvency and restructuring, will now serve as part of BTG Global Advisory, an association of accounting firms based in commercial hubs and emerging markets throughout Europe, the US and Australasia.
Geoff Handberg, a director of Rodgers Reidy, outlined the benefit of being able to assist clients whose needs expand beyond the Asia-Pacific region.
“Rodgers Reidy will continue to offer this bespoke service to our accounting referrers and where their needs go beyond the Asia-Pacific region we now have a network whose reach and expertise is global,” he said.
Mr Handberg made particular note of the opportunity to work in tandem with UK-based firm Begbies Traynor.
“Begbies Traynor is one of the world’s largest specialist independent insolvency and restructuring groups, with complete industry sector coverage”, he said.
Mr Handberg expressed his hope that Rodgers Reidy will emulate the success of its UK counterparts, noting the similarities between the two firms in terms of client base.
“Begbies Traynor were the administrators appointed to the financially failed English Football club, AFC Bournemouth, in 2008. Begbies Traynor managed to restructure the Club and turn its financial affairs around,” he said.
“Rodgers Reidy is no stranger to high profile sports turnarounds either, being appointed as Administrators to the NRL team the Gold Coast Titans this year. Having addressed their financial affairs hopefully the Titans can emulate the success of Bournemouth on the field”, Mr Handberg added.
He noted that a complete range of services, including turnarounds and workout and profit improvements, can now be offered to underperforming businesses globally.
“The wide range of resources now at our disposal means that we are not limited to insolvency and advisory work in the Australasian/Asian region”, he said.
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