One Advisory Group joins professional services firm FRP
London-headquartered One Advisory has joined FRP Advisory Group. The acquisition aims to expand FRP’s national financial advisory offering, adding more than 40 staff to its team.
Working across 33 locations in the UK, FRP Advisory provides a professional and considered approach to problem solving. It boasts more than 875 employees, including 105 partners, and specialises in corporate restructuring, corporate finance, forensic services, financial advisory and debt advisory.
As FRP looks to strengthen its offering to clients across the country, it has purchased One Advisory, for an undisclosed fee. Headquartered in London, One Advisory provides financial reporting and transaction advisory, and governance services to more than 100 clients across the UK and internationally, with the majority of those listed on the London Stock Exchange.
Matt Wood, founder of One Advisory, commented, “We’re thrilled to be joining FRP and excited about the opportunities this creates for both our team and our clients. We’re all immensely proud of what we have achieved together at One Advisory, and becoming part of FRP marks the beginning of a new chapter – one that will allow us to offer a broader, more comprehensive range of services to our clients.”
Wood hopes that the deal offers new opportunities for growth at One Advisory, by connecting it to FRP’s international client base. He will now join fellow directors Laura Nuttall and Michael Butler at FRP, as partners – as One Advisory’s financial reporting team adopts the buyer’s branding. In total, 41 staff will now be part of the FRP organisation. However, the governance team of the acquired firm will retain its original branding, continuing to trade as One Advisory.
Following the transaction, the financial reporting team will go-to-market under the FRP brand, whilst the governance team will continue to trade as One Advisory – due to its reputation as “one of [London’s] leading advisory firms” specializing in corporate governance.
Geoff Rowley, CEO of FRP, added, “This acquisition marks another important step in the expansion of our national financial advisory pillar; it broadens our transactional services offering and adds new governance advisory capabilities. We’re pleased to welcome Matt, Laura, Michael and the wider team to FRP. They bring a wealth of expertise and a shared commitment to our values, and I am confident they will play a key role in supporting the continued growth of the firm.”
The news marks the latest chapter in FRP’s rapid expansion over the last five years. Since the firm launched its initial public offering in March 2020, FRP has used the funds to complete 14 acquisitions – broadening its service offering and its geographical footprint in the process. Recently this included deals for valuation specialist Globalview Advisors and corporate finance experts WilliamsAli and Lexington.
