Cooper Parry acquires debt advisory specialist Fellwood Advisory
Cooper Parry has announced the acquisition of Fellwood Advisory. The move takes its annual turnover to more than £235 million.
The UK debt market is an increasingly fragmented and complex landscape for companies to navigate. With new entrants and an ever changing macro environment it is important to stay up to date with developments to ensure you get the best debt package for business. Founded in 2023, Fellwood Advisory has worked to support UK-based companies get the right debt package to support a wide range of events the business may experience.
As it seeks to expand its own suite of services to meet client demand, UK-based accountancy firm Cooper Parry has announced the acquisition of Fellwood Advisory, for an undisclosed fee. The purchase of the mid-market debt advisory firm is the 16th deal in the last two years for Cooper Parry, and its fourth since it established a new partnership with New York-based Lee Equity Partners in December 2024.
Cooper Parry CEO Ade Cheatham said, “Fellwood’s a young firm with serious momentum – smart people, strong instincts, and a clear edge in the market. They bring specialist firepower to our Deals team and add even more depth to the integrated offer we’re building. This is another step in creating the next-gen professional services firm – bold, fast, and fuelled by culture.”
Fellwood boasts a senior team with more than three decades of experience in corporate lending and advisory. Its experts specialise in negotiating and securing debt facilities in particular, typically ranging from £2 million to £50 million for corporate and private equity-backed clients.
Founding Partner and Managing Director Craig Cheetham added, “Cooper Parry’s dynamic model really appealed to us. CP’s ethos to be a disruptor in the professional services market and challenge the status quo really resonated with us. This brings a real opportunity for the debt advisory practice to continue to grow and attract high calibre people to meet the demand we’re seeing.”
The latest acquisition will boost Cooper Parry’s turnover beyond £235 million. The firm’s combined headcount is meanwhile approaching the 2,000 mark – having already passed 1,400 with Cooper Parry’s deal for MacroFin late in 2024.
