Morgan invests in Ikara Business Solutions
The chief executive of Chesterfield retailing group GT Retail is investing in a start-up business which specialises in providing outsourced accounting solutions. Rob Morgan will provide finance for Barlborough-based Ikara Business Solutions, whose board members include former Grant Thornton partner Bruce Thornton.
The management team of the new company comprises Sean Liversidge as managing director.
Liversidge has more than 15 years of experience in developing outsourcing and shared service centre solutions. He has previously worked with organisations including General Electric and RSM Tenon.
Morgan has developed several multimillion-pound businesses and specialises in the retail and distribution sectors.
Convenience retailer GT Retail has a turnover of £70m, and has 52 stores across the Midlands and the north of England.
Ikara currently employs 14 staff, and the company said it hopes to employ another 15 staff over the next 18 months.
Ikara was advised on business strategy and marketing by BGB Advisory. Legal advice was provided by Freethcartwright.
