FRP Advisory Group Plc (FRP.L), a business advisory firm, said on Monday that it has acquired One Advisory Group for 5.6 million pounds, and an additional amount for the net assets acquired on completion for around 2.5 million pounds. The total consideration for the acquisition includes cash of approximately 6.5 million pounds, and the issue of new shares of around 1.6 million pounds.
Geoff Rowley, CEO of FRP Advisory, said: "This acquisition further strengthens our national financial advisory business. One Advisory will continue to provide governance advisory services under their existing brand and their financial reporting and transaction advisory team will go to market as FRP."
London-based One Advisory provides financial reporting and transaction advisory, and governance services.
For the full-year to March 31, One Advisory reported revenue of 4.7 million with EBITDA of 1.1 million pounds. Looking ahead, on an annual basis, One Advisory's underlying incremental contribution to FRP is expected to be with revenue of around 4.9 million and adjusted EBITDA of around 1.1 million.
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.