Leading Adviser Awards 2020

104 Acquisition International - Leading Adviser 2020 Acquisition International - Issue 1 2021 89 Oct20578 Global Asset Recovery From Grant Thornton UK In times of distress or particularly stressful situations, businesses need a steady hand that can guide them through it. COVID-19 has been an especially stressful time for many businesses that simply do not know what to expect next. It is in these times that the guidance and advice offered by Grant Thornton UK LLP is incredibly valuable. The firm has been recognised in this issue of Acquisition International as being the Leading Insolvency and Asset Tracing Specialist of the Year, United Kingdom, so we profile it to find out more about what it has to offer in that particular arena, and beyond. ince its inception, Grant Thornton has strived to be a business advisory firm that helps organisations navigate the volatile markets of today’s world. The business does so with a strong focus on quality and the delivery of insights that can help clients succeed. In essence, Grant Thornton is all about helping business to achieve their objectives, whatever they may be. It works with the public sector to build thriving communities, and it works with regulators and financial institutions to build trust and integrity in markets where there may have been a lack of those elements. Grant Thornton understanding their clients’ needs today, and what they’ll need tomorrow. Armed with that information, it tailors its wide array of services to get its clients in the position they need to be in. Across the United Kingdom, the firm is led by 190 partners and over four and a half thousand individuals, but the global network of Grant Thornton is made up of fifty thousand individuals in over 135 countries. Thanks to the firm’s shared enterprise model in the UK, every one of the staff gives their all towards the future success of the clients. Global strength is a key part of what Grant Thornton has to offer, especially given that the network of independent assurance, tax, and advisory firms is present in 135 countries. For more than one hundred years, Grant Thornton has helped dynamic organisations realise their strategic ambitions, whether they be looking to finance growth, manage risk and regulation, optimise their operations, or realise stakeholder value. Grant Thornton can help every client. The firm has scale, combined with local market understanding, which can be an invaluable tool in the hands of those who know how to use it. For the firm, that means it is everywhere the client is, as well as where they want to be. One of the key areas of the firm, and the area for which it has been recognised today, is its work in insolvency and asset tracing or recovery. In distressing situations, particularly when there is great concern about the misappropriation of assets, Grant Thornton takes a trusted by flexible approach to recovering assets for its clients. Rather than utilise a cookie-cutter approach, the firm focuses on understanding the unique situation of each case, and works closely with the client to come up with and implement asset recovery solutions that are unlike any other. The cases that Grant Thornton deals with will often show signs and elements of fraud, regulatory breaches, or international angles. The team is on hand and focused solely on asset tracing and seamless global recovery for clients, no matter how complex the trail may be. Part of this global asset recovery includes using cross-border insolvency powers. Grant Thornton’s solutions include traditional insolvency procedures to maximise returns to creditors, and the firm can proudly boast that it has S the largest asset recovery practice in the United Kingdom with a team that focuses on maximum recovery of assets for clients. The firm is not afraid to adopt innovative new strategies that incorporate the powers it has as insolvency practitioners, and recognises the importance of acting at short notice whilst handling any level of complexity in a case. There are a myriad of services that the firm can provides. These include, but are not limited to, asset tracing and recovery, contentious insolvency, funding and debt acquisition, judgement enforcement, litigation management, offshore financial centres, offshore investigations and insolvency, personal insolvency, and disputes, including contentious estates and matrimonial disputes. Ultimately, there is a wealth of knowledge, insight, and experience at Grant Thornton, and any client who is currently experiencing a distressing period due to asset loss can rely on the firm to deliver services of the highest calibre. Staff deliver services that are clear and communicative, even when the case is extremely complex. At a time where distress is apparent, it helps to have a steady guiding hand, and that is exactly what Grant Thornton offers, along with a great deal more. Company: Grant Thornton UK LLP Contact: Danielle Wright Website: www.grantthornton.co.uk/en/ Leading Insolvency and Asset Tracing Specialist of the Year, United Kingdom