Dozens of jobs have been saved after a deal was struck to acquire a firm headed into administration.
National firm HF concluded the agreement to transfer around 40 London-based staff from Rosling King yesterday.
The Gazette reported earlier this month that Rosling King had filed a notice to appoint administrators, citing ‘significant creditor pressure’ for its closure.
The firm appointed Kirstie Provan and Mark Fry of BTG as joint administrators yesterday and they completed the deal with HF. It is understood that a pre-pack sale was integral to preserving the employment of all affected employees and a solution for all Rosling King clients to have the same team doing their work.
Georgina Squire, senior partner of Rosling King, said: ‘We are thrilled to be joining HF and to be part of their ongoing success. We’re looking forward to being able to focus on providing outstanding service to our clients as part of a successful and growing business.’
HF, which operates in the insurance and commercial sectors, has expanded quickly since selling a minority stake in its business in 2024 to UK-based private equity firm CBPE.
This latest move will establish a much greater presence in the capital and grow the commercial team in areas such as dispute resolution, insolvency and real estate.
Ronan McCann, chief executive and managing partner of HF, added: ‘Georgina and the team at Rosling King are very highly regarded in their field and we’re pleased and excited to have them join us. Within HF, they will provide the same excellent standard of service, backed by HF’s scale, innovation and technology.’
Earlier this month, HF announced an agreement to acquire defence firm Hempsons, subject to SRA approval, to create a total workforce of 250 working from five offices.
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