Rotherham insolvency experts snapped up

The acquisition by Graywoods, based at Sheffield city centre's Fountain Precinct, takes effect immediately.

Graywoods director Deborah Lockwood said: “This is a great fit for both firms and comes at an exciting time for Graywoods as we cement our position as an independent insolvency practice with clients across the UK.”

Dr Paul Moorhead of Moorhead Savage added: “Moorhead Savage has grown consistently in a tough market and the time is right to join forces with Graywoods as we plan for a bright future.”

Moorhead Savage was established in 2009 by former Dr Moorhead and operates from offices in Rotherham.