Hawsons Corporate Finance are delighted to announce that they acted as Wilson Field’s lead advisor in a £4.8m sale to FRP Advisory Group.
Sheffield headquartered restructuring and debt advisory services firm Wilson Field have now been acquired by the listed, national specialist business advisory firm FRP Advisory Group.
The structure of the deal was as follows, £3.1m in cash and new ordinary shares with a value of £1.7m and an additional payment made on completion for the net assets acquired.
Wilson Field directors, Nick Wilson and Kelly Burton will join as partners at FRP with the remaining 61 colleagues in the Wilson Field team also joining FRP.
FRP commented that this deal is part of their strategy to increase their market share.
Pete Wilmer, Corporate Finance Partner commented on the deal:
“Having acted for Nick Wilson and the Wilson Field business in various guises over many years, we’re delighted to have been able to deliver this deal for the shareholders. The combination of Wilson Field and FRP will help enhance the delivery of restructuring services to the business community for many years to come.”
Nick Wilson founder of Wilson Field said:
“We’re excited to be joining FRP. The move will create opportunities and enable us to extend the range of services we can offer to our clients. We are culturally aligned and look forward to accelerating our growth as part of the FRP Advisory Group.
The Hawsons team were with us every step of the way in seeing this transaction reach a successful conclusion, we were delighted with the quality advice and service they provided”
Pete Wilmer
Corporate Finance Partner
Free initial meeting
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