News: Deals: Reports

Fanshawe Lofts & Begbies Traynor Group PLC	Update Date: 05/13/08
Date Announced: 05/13/08
Value (million $USD): n/a

Status: Completed

TRANSACTION DETAILS
Date Announced	05/13/08
Date Originally Announced	05/13/08
Format	Acq. of Assets	Acquisition techniques	Not Applicable
Attitude	Friendly	Agency	n/a
Value	n/a	Advisor Fees	n/a

SYNOPSIS
UK- Begbies Traynor Group PLC (BT) acquired Fanshawe Lofts, a Southampton-based provider of accounting services. Concurrently, BT acquired Dewey & Co.

TARGET
Name	Fanshawe Lofts
Industries	Investment advice; Security and commodity services, nec; Management consulting services; Credit reporting services
City	Southampton
State	n/a
Nation	United Kingdom
Incorporated in	n/a
Public Status	Private
Business Description	Fanshawe Lofts, based in Southampton, UK, provides accounting services to key areas such as Corporate Finance, Business Turnarounds and Corporate Recovery and Insolvency. The company also provides investment advisory services.
Advisors	NULL
Target Sales	n/a

ACQUIROR
Name	Begbies Traynor Group PLC (London AIM : BEG)
Industries	Security and commodity services, nec; Management consulting services; Credit reporting services
City	Manchester
State	n/a
Nation	United Kingdom
Incorporated in	n/a
Public Status	Public
Business Description	Begbies Traynor Group PLC, based in Manchester, UK, provides corporate rescue and recovery services to organizations ranging from major multinational companies to individuals encountering business difficulties and various types of insolvency and provides corporate finance, credit advisory services, solvent liquidation, exit management, forensic and investigation services. The company was founded in 1989.
Advisors	NULL
Acquiror Sales	n/a

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