Firm News
New firm Bridge Houghton LLP.is born
Two of the North West’s leading business advisors have joined forces to launch a new firm providing specialist valuation services.David Houghton, the former head of corporate finance at law firm Brabners Chaffe Street, and ex-Alliance Fund Managers Chief Executive Mark Fuller have established Bridge Houghton LLP.
The new practice will provide corporate valuation services to support accountancy, legal and private equity firms as well as business owners.
From their previous experience, Houghton and Fuller believe that a range of law firm departments would benefit from their services, particularly Family, Private Client and Litigation as well as complementing Corporate and Commercial offerings.
In addition to the two founders, Bridge Houghton has recruited staff including Houghton’s former Brabners corporate finance colleague David Wilkinson.
The firm, which is based in Chester, has also established an advisory panel made up of some of the region’s most successful business people from a range of industry sectors.
David Houghton said: “We believe that Bridge Houghton is unique in the North West in providing other professional and financial services firms and business owners with independent and specialist valuation services.
“We have a team of experienced chartered accountants, but the service we provide goes much further than a formula driven accountancy process.
“We are able to tap into the industry knowledge of our unique advisory panel to fully research and understand the market in which a particular business operates.
“The result of our work is a robust valuation which can be trusted by clients and advisors and which will stand up to any scrutiny and challenge.
“We are also unique in that we are genuinely independent, non-competing and respect the existing client relationships of the advisors for whom we work.”
Mark Fuller said: “We are unaware of a similar firm in the North West and there is only a handful in the UK capable of providing the service offered by Bridge Houghton.
“We are already finding significant interest in a range of our services, including the resolution of disputes and conflict arising from share acquisitions and probate matters. We are also involved with the valuation issues which have arisen from transactions, involving management change and tax compliance. We have also recently completed a significant impairment review on behalf of a regional accounting firm.”
“We have deliberately created a business which complements rather than competes with other advisory firms.”
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