Specialist business advisory firm FRP Advisory Group plc is expanding its presence in the North East of England with the acquisition of WilliamsAli Corporate Finance.
Based in Newcastle, WilliamsAli provides corporate finance services to clients both in the region and nationwide.
The firm’s two directors and founders, Abu Ali and Phil Williams, will join FRP as partners. Its five other staff will also join FRP.
The acquisition is the group’s 11th since IPO in March 2020.
“This acquisition complements FRP’s existing strong presence in the North East in a target region for the expansion of our corporate finance offering,” said Geoff Rowley, CEO of FRP Advisory.
“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.”
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Ali added: “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.”