Professional services firm expands across East of England with £5.3m acquisition
A London-based professional services company has expanded its national reach with the multi-million pound acquisition of a Norwich-headquartered firm.
FRP Advisory Group has acquired corporate finance and forensic services specialist JDC Group for £5.3m, as part of its ongoing growth strategy.
Comprising the operating businesses of JDC Corporate Finance and Walton Dodge Forensic, JDC Group was founded in 2004 and has offices in Chelmsford and London as well as its Norwich base.
Following the acquisition, JDC Group directors Jon Dodge, Dave Howes, Chris Adlam and Fiona Hotston Moore will join FRP Advisory Group as partners.
Geoff Rowley, FRP CEO, commented: “This deal gives us an immediate presence in the Eastern region and bolsters our corporate finance and forensic services offering.
“The team have earned themselves a great reputation and we are excited about the contributions they will make to FRP.”
Jon Dodge, founder of JDC, added: “We are delighted to have found in FRP a partnership that shares our core values of professionalism, commitment, integrity and tenacity and Dave, Chris, Fiona and I are all excited to be joining the firm as partners.
“Our whole talented team are looking forward to further accelerating the growth of our core business streams within the Eastern region and beyond, whilst at the same time extending the range of professional services that we offer.”
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