QUANTUMA, the corporate recovery and business advisory firm with an office in Brighton, has been named Insolvency Team of the Year in the national TRI Awards.

The TRI Awards, the Oscars of the restructuring industry, were held at the Hilton Park Lane Hotel in London

Quantuma, which has eight offices across the UK, also came a close second in the corporate restructuring firm of the year.

Partner Mark Sands said: “This is a fitting reward for all the hard work put in by our partners and staff in the past five years since we were founded in January 2013.”

The business has grown from two staff and one office in early 2013 to more than 100 staff at eight offices today in London, Southampton, Marlow, Watford, Brighton, Bristol, Manchester and Birmingham.

Mark said: “We were thrilled to have been shortlisted but to win this prestigious award and come a close second in another category is exceptional.

“Last year, to 31 March 2017, we reported a 21 per cent increase in turnover to £9.5 million, and this award will enable us to build on that.

“Quantuma is an ambitious firm and we are growing fast. We want to be seen as a magnet for the very best talent in the restructuring and advisory marketplace.

“Already this year we have recruited Mark Sands, opened for business in Manchester and Birmingham, and most recently appointed Mark Lucas to head our new corporate finance offering.”

He said the firm would shortly be announcing further appointments.

“We are determined to be one of the leaders of what is a changing insolvency and restructuring profession.”