Share tip of the week: IT firm for tough times

Paul Hill's share tip of the week provides IT and back-office support to liquidators and the legal profession - areas which have done well from the credit crunch.

One industry that has done well out of the credit crunch is the insolvency sector. Small wonder. In the US there were 1.4 million new bankruptcy filings in the year ending September 2009, according to the Administrative Office of the US Courts. That's up 34% on the year before.

Enter Epiq Systems. It's the world's largest provider of IT and back-office support to liquidators and the legal profession. The firm is engaged on hundreds of bankruptcies, including high-profile defaults such as Lehman Brothers. These contracts are often complex, multi-year assignments that provide excellent income visibility. Epiq's applications significantly improve the speed, efficiency and quality of conducting insolvency, litigation, forensic accounting and other regulatory work.

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Paul gained a degree in electrical engineering and went on to qualify as a chartered management accountant. He has extensive corporate finance and investment experience and is a member of the Securities Institute.

Over the past 16 years Paul has held top-level financial management and M&A roles for blue-chip companies such as O2, GKN and Unilever. He is now director of his own capital investment and consultancy firm, PMH Capital Limited.

Paul is an expert at analysing companies in new, fast-growing markets, and is an extremely shrewd stock-picker.