Evelyn Partners has acquired business advisory services provider, ReSolve Advisory.

The takeover is Evelyn’s seventh professional services acquisition since the start of 2023, as it looks to strengthen its professional services arm.

These deals include Leathers LLP, Ashcroft Partnership LLP, Creaseys, Harwood Hutton, Haines Watts North and a disputes team from KPMG.

ReSolve, which is based in Charing Cross, was founded in 2006 by Cameron Gunn and Mark Supperstone.

It provides a range of advisory services to help businesses navigate challenges, with expertise including restructuring, insolvency and administration services alongside strategic advice and assistance for companies requiring turnaround services.

It has worked with a range of firms including Everest, TM Lewin, London Irish and Jessops.

The acquisition will see 60 ReSolve employees, including 12 partners and directors, join Evelyn as part of its recovery and restructuring services team.

Chief professional services director at Evelyn Partners, Andrew Wilkes, said: "ReSolve is an impressive firm that has helped hundreds of businesses deal with challenging circumstances. It is a highly complementary fit with our existing strengths in recovery and restructuring services and also follows a similar partner-led approach to working with clients as we do."

Senior partner at ReSolve, Cameron Gunn, added: "We have been exceptionally impressed with the quality of the recovery and restructuring team at Evelyn Partners.

"Joining this wonderful team will further strengthen our ability to rapidly support and assist our clients experiencing pressing financial needs. We look forward to continuing to build our newly merged business in the same commercial and entrepreneurial spirit which we have done for the previous 18 years."

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