NEW YORK--(BUSINESS WIRE)--Duff & Phelps, the world�s premier provider of governance, risk and transparency solutions, today announced that it has signed a definitive agreement to acquire Borrelli Walsh, a leading specialist restructuring, corporate recovery, insolvency and forensic accounting firm. The combination of Duff & Phelps and Borrelli Walsh strengthens the firm�s restructuring offerings for clients in Asia, the Caribbean and around the world.
Founded in 2006, Borrelli Walsh has been involved in some of the largest and most difficult restructurings, corporate collapses and investigations. It has an unrivalled reputation for achieving results for clients through its innovative and hands-on approach in complex jurisdictions, including China and Indonesia.
Led by Cosimo Borrelli, Jacqueline Walsh and Jason Kardachi, the firm has a dedicated team of over 140 professionals and staff across offices in Mainland China, Hong Kong, Singapore, Indonesia, India, the United Kingdom, British Virgin Islands and Cayman Islands. Following the acquisition, Borrelli will lead the Asia and Caribbean Restructuring practice, reporting to Paul Clark, Global Head of Restructuring at Duff & Phelps.
Borrelli Walsh�s suite of services include financial and operational restructuring; corporate recovery and insolvency; corporate advisory, directorships and valuations; financial investigations, forensic accounting and expert witness; and fund and asset management. Its clients include private equity funds, bondholders, local and international banks, public and private companies, regulators and industry bodies, government agencies and family offices.
Jacob Silverman, President of Duff & Phelps commented, �Borrelli Walsh�s market leading position bolsters our restructuring capabilities in Asia and the Caribbean, and the acquisition builds on our growth plans in the region. The Borrelli Walsh team has an unparalleled reputation for delivering solutions to complex, cross-border issues, and we are thrilled to have them join the Duff & Phelps family.�
�The combination of our businesses is a dynamic change, not only in terms of Duff & Phelps� expansion in Asia and the Caribbean, but for the combined operation internationally,� Borrelli added. �As part of Duff & Phelps, we will continue with our very keen focus on the highest quality and confidential service and advice, and I am confident that our clients will benefit from their global presence, resources and industry focus.�
With the addition of Borrelli Walsh, Duff & Phelps now has nearly 400 professionals in its Global Restructuring Advisory practice.
About Duff & Phelps
Duff & Phelps is the world�s premier provider of governance, risk and transparency solutions. We work with clients across diverse sectors in the areas of valuation, corporate finance, disputes and investigations, cyber security, claims administration and regulatory compliance. With Kroll, the leading global provider of risk solutions, and Prime Clerk, the leader in complex business services and claims administration, our firm has nearly 4,000 professionals in 25 countries around the world. For more information, visit www.duffandphelps.com.
Contacts
Duff & Phelps
Alex Hinson
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