An independent advisory company formed following the sale of KPMG’s 海角视频 Restructuring practice has opened a new office in Newcastle city centre.
Interpath Advisory has taken Suite 4 in the Grade II listed Sixty Grey Street building, and joins other tenants including Cushman & Wakefield.
The firm was founded in May 2021 following the sale of KPMG’s 海角视频 restructuring practice to H.I.G. Capital and Interpath’s managing directors.
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The firm, which is headquartered in London, has already opened four offices in cities across the 海角视频, in Edinburgh, Nottingham, Reading and Aberdeen, and plans to open a further six offices in London, Manchester, Leeds, Birmingham, Bristol and Glasgow between now and Spring 2022.
Interpath has a restructuring and turnaround team of 10 people in Newcastle who help organisations facing challenge or opportunity to find the right path forward.
James Lumb, who leads Interpath’s team in the North East, said it has strong growth plans for the future, including broadening out its wider advisory offering following Interpath’s recent expansion into forensic, valuations, M&A and transaction services.
Mr Lumb said: “We’re delighted to be opening our new office right in the heart of Newcastle.
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“Our team is proud to have spent many years working shoulder to shoulder with organisations across the North East, helping them to navigate areas of challenge and opportunity.
"It’s great to now have a space that we can call our own, where we can host clients and contacts and reconnect in person as we emerge from the pandemic.”
Blair Nimmo, chief executive of Interpath Advisory, said: “Following the opening of the first Interpath office in Edinburgh in September, the roll-out of our 海角视频 office portfolio continues at pace.
"The North East has long been an important market to us, and our new premises in Newcastle reaffirms our commitment to the city region.”