LONDON: FRP Advisory Group, a leading national specialist business advisory firm, announced the acquisition of Williams Ali CF Limited based in Newcastle which provides corporate finance services to clients both in the North East and nationwide.
The firm’s two Directors and Founders, Abu Ali and Phil Williams, will join FRP as Partners. All other members of the WilliamsAli team, comprising five colleagues will also join FRP.
The acquisition is in line with FRP’s strategy to generate sustainable profitable growth by combining a focus on organic growth with acquisitions that meet the Group’s selective criteria. This approach enables the Group to increase market share, broaden its service offering to clients and expand its geographical footprint. The acquisition is the Group’s eleventh since IPO in March 2020.
Geoff Rowley, CEO of FRP Advisory said: “This Acquisition complements FRP’s existing strong presence in the North East in a target region for the expansion of our Corporate Finance offering. We are pleased to welcome Abu, Phil and the team, which will now go to market locally as FRP Corporate Finance, to the business. Our new colleagues share our values and ambitions, and will no doubt make a strong contribution as we continue to grow.”
Abu Ali, joint founder of WilliamsAli, said: “Phil and I are delighted to be joining FRP Corporate Finance. We are incredibly proud of the track record of WIlliamsAli in the North East market to-date, and we are excited about how we can further build on this within the FRP Group.
With the additional infrastructure, resources, and service lines now available to us, together with closely aligned values, we are confident this will be a hugely positive move for our team and clients in the North East region”.