Cooper Parry Expands Services with Acquisition of Fellwood Advisory

What's Happening?

Cooper Parry, a UK-based accountancy firm, has announced the acquisition of Fellwood Advisory, a mid-market debt advisory firm. This acquisition is part of Cooper Parry's strategy to expand its suite of services to meet growing client demand. The purchase marks the firm's 16th deal in the last two years and the fourth since partnering with New York-based Lee Equity Partners in December 2024. Fellwood Advisory, founded in 2023, specializes in negotiating and securing debt facilities for corporate and private equity-backed clients, typically ranging from £2 million to £50 million. The acquisition is expected to boost Cooper Parry's annual turnover beyond £235 million and increase its headcount to nearly 2,000 professionals.

Why It's Important?

The acquisition of Fellwood Advisory by Cooper Parry is significant as it enhances the firm's capabilities in the debt advisory sector, allowing it to offer more comprehensive services to its clients. This move is expected to strengthen Cooper Parry's position in the professional services market, providing it with a competitive edge. The expansion aligns with the firm's goal to become a next-generation professional services provider, characterized by bold and fast-paced growth. The acquisition also reflects the increasing complexity and fragmentation of the UK debt market, necessitating specialized advisory services to navigate these challenges effectively.