Acquisition
BTG Consulting plc has acquired MVLOnline.co.uk, a specialist solvent liquidations website, to enhance its digital offerings to businesses. This acquisition integrates MVLOnline.co.uk's fixed-fee Members' Voluntary Liquidation services into BTG's existing digital platform, complementing its financial and real estate advisory services. The move follows BTG's recent acquisition of a business recovery and insolvency team and signifies a continued growth strategy for the group, aiming to broaden its digital footprint and provide clients with access to a wider range of services.
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Leading financial and real estate advisory group BTG Consulting plc has enhanced its digital support for businesses, with the acquisition of MVLOnline.co.uk, a specialist solvent liquidations website.
The acquisition of MVLOnline.co.uk, which provides a fixed-fee service to carry out simple Members' Voluntary Liquidations (MVLs), will see its trade and assets integrate into BTG's extensive online and digital offering for businesses and business leaders.
MVLOnline.co.uk will complement BTG's strong online and offline advice for businesses and directors and provide visitors to the MVLOnline.co.uk website with access to BTG's other financial and real estate advisory services.
Founded in 2012, MVLOnline.co.uk has helped thousands of business owners wind up their company's affairs on a solvent basis through the statutory MVL process. The deal follows BTG's recent acquisition of the business recovery and insolvency team from South-West-based Lameys Accountants, continuing a period of growth for the Group.
Mark Fry, Group CEO of BTG, said:
"Acquiring MVLOnline.co.uk offers BTG the opportunity to further invest in our successful digital platform. The MVLOnline.co.uk business is well established in its market of providing solvent liquidation services to business owners in specific situations.
"Broadening our digital offering to include this additional route to market enhances our Group's digital footprint and provides clients with access to BTG's broader range of services."
David Thorniley, Founder of MVLOnline.co.uk, said:
"We are proud of MVLOnline.co.uk's achievements since the site was launched in 2012. We are confident that under BTG's ownership the site and its service delivery will continue to provide its owner-managed company clients with a cost-effective route to wind up their businesses in a compliant and solvent manner."
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