News
Here you can find CAPA’s latest appointments to undertake forensic audits, as well as instructions for property services from a range of blue-chip clients including retailers, leisure operators, banks and venture capitalists.
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Rivus Fleet Solutions Ltd (in admin)
Tim Higgins, Jane Steer and Zelf Hussain of PwC have been appointed as Joint Administrators of Rivus Fleet Solutions Limited (“the Company”). The appointment was made on 21 June 2024.
Immediately following appointment a sale of the majority of Rivus Fleet Solutions (“the Company”) and its assets was transacted to the Metropolitan Police Service (the Met) in a deal that safeguards 165 jobs and secures the delivery of crucial services to the Met.
Headquartered in Birmingham, the Company provided fleet management and repairs and maintenance services for fleets of light commercial vehicles. The Company’s main customer, representing over 85% of the business, was the Met, which will now deliver elements of the service in house
PWC have appointed CAPA to carry out a full property audit over the 16 locations occupied by Rivus Fleet.
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Caskade, Castlebarn and Grovemaze (in admin)
Begbies Traynor, the administrators of Caskade, Castlebarn and Grovemaze (in admin) have appointed CAPA to carry out a property audit over 52 sites trading as Taco Bell and KFC franchises.
It's understood the administrators have successfully sold 46 Taco Bell branches to Karali Group as part of a pre pack administration.
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31st Annual Charity Golf Tournamen
CAPA are delighted to be sponsoring the Gordon Brothers 31st Annual Golf Tournament in Boston which takes place on July 15th 2024 at the Pinehills Golf Club in Plymouth, MA.
The Family Support Fund benefiting Boston Children's Hospital is hosting the 31st Annual Charity Golf Tournament in memory of Bernice and Philip Frieze. Since the tournament started in 1994 it has raised a total of $6.1 million to help families whose children are treated at the hospital.
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CAPA's 20th Anniversary
This month marks a significant milestone for CAPA our 20th Anniversary. So far, £350 million saved for clients and thousands of more affordable property leases for occupiers. CAPA has become synonymous with positive restructuring and turnaround. None of this would have been possible without our fantastic colleagues, clients and partners… you know who you are. This is just the start and we look forward to the next 20.
Thanks to those of you who were able to attend our 20th birthday party on the Thames! -
Business Helpline
Business Helpline instruct CAPA on 57 new cases - to carry out a rates audit.
Many thanks Paul, Gabriel and the team at Business Helpline for your support.
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Vagabond Wines Ltd (in admin)
Vagabond Wines has been sold out of administration, preserving more than 100 jobs across the UK. Business advisory firm Quantuma secured the sale to Majestic Wines.
Established in 2009, Vagabond Wines was founded to offer customers a new way of buying wine. The business makes its own wine at its Urban Winery in Battersea, using grapes from its vineyards that are within two hours of London – while its chains have since grown to have branches across Birmingham, Paddington, Canary Wharf, Monument, Shoreditch, and London Heathrow.
The administrators Quantuma have appointed CAPA to carry out a full property audit over the 12 sites occupied.
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RL Davies & Son (in admin)
Long established North Wales builder RL Davies & Son has entered into administration. Administrators BDO have appointed CAPA to carry out a full audit on the company covering its 4 bases.
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Alpha Nurseries
Alpha Nurseries which provided nursery after school childcare has entered into a CVL. CAPA have been appointed by liquidators Begbies Traynor to carry out a full property over the 24 location's formerly occupied by the company.
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Gone south Limited (CVL)
Gone South Limited( CVL) formerly trading as North Bar based in Leeds & operating from 7 locations has entered into a CVL.
Liquidators Armstrong Watson have appointed CAPA to carry out a rates review over the 7 sites.
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Map Taverns Ltd (in administration)
The pub group, Map Taverns Ltd, operating from 16 locations and with a HQ in Gateshead have entered administration.
Leonard Curtis, the administrators have appointed CAPA to carry out a rates audit over the portfolio.