BGN welcomes Farber Financial Group as major Canadian addition

Farber Financial Group, one of Canada’s largest independent insolvency and restructuring firms has joined the Begbies Global Network. With one of Canada’s largest independent insolvency teams, the firm employs over 75 people – including 8 partners and 25 licensed professionals (16 of whom are Trustees in Bankruptcy).

TORONTO — Tuesday, November 4, 2008 – Farber Financial Group today announced that it has joined Begbies Global Network (BGN), an international network of specialty financial professional firms. As a BGN member, Farber Financial Group strengthens its international reach in supporting global businesses; and ensures its Canadian clients with worldwide operations have access internationally to respected professionals.

 

“As we prepare to celebrate our 30th year in business, I am thrilled that Farber Financial Group can now enhance its extensive range of specialty financial services to multi-national clients” said Alan Farber, Joint Managing Partner and Founder of Farber Financial Group. “Given the current state of global financial markets, we now have an unprecedented opportunity to provide the international bench strength that some of our clients require while reinforcing our leadership role in Canada.” 

 

Farber Financial Group has an impressive record of helping corporations and their stakeholders achieve their goals, providing solutions for rescuing, refinancing and rebuilding businesses. The firm employs over 75 people – including 8 partners and 25 designated professionals (16 of whom are Trustees in Bankruptcy).

 

“I am thrilled to see BGN strengthened through the addition of such a powerhouse firm as Farber Financial Group. They will add materially to the network’s skills and resources in the vital North American market,” commented Nick Hood, Executive Chairman of the Begbies Global Network. “Farber Financial Group offers a multi-disciplined approach to business problems. This is in keeping with the BGN philosophy of providing business stakeholders with a one stop shop solution. I am looking forward very much to working with Farber Financial Group in expanding our North American platform.” 

 

About Begbies Global Network

BGN was created by Begbies Traynor Group plc, one of the UK’s leading independent specialist professional service providers. BGN members and affiliates have a broad range of professional skills to address business problems, and include accountants, insolvency practitioners, forensic investigators, profit improvement consultants, corporate financiers, turnaround and restructuring managers, lawyers, commercial intelligence and security experts and a host of other specialties. 

BGN affiliates operate from 280 locations in 93 jurisdictions worldwide, spanning all continents and provide unrivalled coverage in both developed and emerging markets. For more information, please visit: www.begbiesgn.com

About Farber Financial Group

Farber Financial Group is a Canadian company that provides a range of specialty financial services including insolvency and restructuring, forensic accounting, fraud investigations, corporate finance, mergers and acquisitions, business valuations, distressed financial advisory services, turnarounds, CFO interim management and opportunity assessments. For more information, please visit: www.farberfinancial.com

 

Contacts:

 Alan Farber CAŸCIRP                Gary Lifman CAŸCIRP

416.496.3700                                                                                 416.496.3703

afarber@afarber.com                              glifman@afarber.com