Acquisition

BEGBIES TRAYNOR GROUP PLC

 
2nd November 2007

 
Acquisition of Insolvency practice

Begbies Traynor Group plc, (AIM: BEG), the specialist professional services
organisation which includes the leading independent, business rescue, recovery,
and restructuring specialist in the UK, has acquired the insolvency division of
Bartfields (UK) Limited for an undisclosed sum.

The Insolvency Division is led by Gerald Krasner supported by a team of sixteen
staff, who will be integrated with the Group's existing Leeds practice shortly
after completion.

The acquisition is another move by the Begbies Traynor Group to strengthen its
insolvency presence in the Yorkshire and North East region, a market which the
Group believes has significant growth potential.

Bartfield & Co was founded in 1927 and has developed significantly over recent
years through a combination of acquisition and organic growth. The Insolvency
Division specialises in insolvency services to small to medium sized businesses
but reaches beyond the Leeds area by sourcing work in Newcastle, London,
Lincoln, Liverpool, Chester, and Hull.

 
Ric Traynor, Executive Chairman of Begbies Traynor Group plc, comments:

"We are delighted that Gerald Krasner and his team have chosen to join the
Group; the acquisition of Bartfields insolvency division will significantly
enhance the Group's insolvency offering in Yorkshire and the wider North East
region".

Gerald Krasner, Director, Bartfields added:

"My team and I are delighted to be joining the Begbies Traynor Group; this move
will strengthen the core business and will allow our existing work referrers
the opportunity to benefit from additional services now available to them from
within the Group".

For further information:

 
Ric Traynor BegbiesTraynor Group PLC          0161 837 1700
                                                           
Guy Peters  Shore Capital & Corporate Limited 0207 408 4090
                                                           

Notes to Editors
 
Begbies Traynor Group is an AIM listed specialist professional services
organisation. Providing specific independent, professional advice and solutions
to businesses, financial institutions, the accountancy and legal professions
and individuals in areas of finance, recovery, investigation and risk
management, specialist tax advice and commercial finance


It has nine operating divisions.  These cover: business rescue, recovery and
restructuring; forensic accounting and valuations services; corporate finance;
corporate intelligence and investigations; specialist tax and investigations
advice; finance brokerage; security and risk management; and an international
network of professionals working with struggling or declining businesses