Moore Kingston Smith, an accountancy firm based in the UK, has confirmed the acquisition of CBW Recovery (CBWR), a partnership of insolvency practitioners located in London, for an undisclosed sum.
The integration of CBWR introduces a team comprising two licensed insolvency practitioners and 11 other professionals, under the leadership of Joe Colley.
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This development is intended to augment the firm’s existing services in the insolvency sector.
CBWR is noted for its expertise within the nonprofit sector, which aligns with Moore Kingston Smith’s audit and advisory services.
The firm has indicated that it is the first accountancy firm in the UK to obtain private equity investment to facilitate its mergers and acquisitions strategy while retaining its partnership structure.
CBWR partner Joe Colley said: “This is a pivotal moment for CBW Recovery and a step we’re taking to further our ability to best help those navigating tough and complex situations.
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By GlobalData“Beyond clients’ restructuring and insolvency needs, they now have instant access to experts across a multi-disciplinary professional services practice, plus an international reach through the Moore Global network.”
This acquisition follows Moore Kingston Smith’s previous expansions, including the purchases of Shipleys in October 2024, WMT in June 2025, and Moore Northern Ireland in August 2025, with CBWR being the most recent addition to its operations.
Moore Kingston Smith managing partner Matt Meadows said: “With insolvencies on the rise, the need for skilled, trusted advisers to help clients navigate the challenges they’re facing, with the ability and understanding required, is greater than ever.
“CBWR’s skills, quality work and impressive referrer base make this merger a great fit with our strategy and goals, as we continue strengthening our expertise and reach across the UK and beyond.
“The additional skills and resource they bring benefit our clients, our team and our referrers with an integrated service offering that makes the most of our specialisms.”
