BI set for THA Group asset acquisition
BI set for THA Group asset acquisition
Source: C&IT Magazine
BI is understood to be finalising a deal to acquire some of the assets of THA Group, which entered administration this month.
BI has paid THA Group’s administrator, KPMG, an undisclosed fee to examine the assets of the agency and is close to completing an acquisition of some assets that will provide continuity to THA Group’s former clients.
KPMG and BI declined to comment.
At least 48 of THA Group’s 56 staff were made redundant when the company entered administration earlier this month.
THA Group’s sister company, Quorn Business Travel, was acquired by Meon Valley Business Travel a fortnight ago.
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