Sheffield-based restructuring group Wilson Field acquired for £4.8 million by London firm

Sheffield-based restructuring group, Wilson Field, has been acquired by London-based business advisory firm FRP for £4.8 million.
Michael Crossland
By Michael Crossland
Published 15th Sep 2023, 06:00 BST

The deal will see Wilson Field’s 63-strong team of licensed insolvency and debt advisory specialists join FRP, with two directors Nick Wilson and Kelly Burton joining FRP as partners.

Nick Wilson, founder of Wilson Field, added: “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.

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"We are culturally aligned and look forward to accelerating our growth as part of the FRP Advisory Group."

Sheffield-based Wilson Field, has been acquired by business advisory firm FRP for £4.8 million.Sheffield-based Wilson Field, has been acquired by business advisory firm FRP for £4.8 million.
Sheffield-based Wilson Field, has been acquired by business advisory firm FRP for £4.8 million.

The Wilson Field Group comprises Wilson Field Group Ltd, Wilson Field Ltd and Wilson Field Financial Solutions Ltd. All are included in the acquisition.

The provides services to clients locally and nationwide, supported by the Wilson Field website and operational platform, which FRP intends to retain within the Group.

FRP – which has advised on recent high-profile administrations and restructuring processes including Prezzo, Wasps RUFC and Debenhams – already operates an office in Leeds.

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Geoff Rowley, CEO of FRP, said: “Wilson Field is a great business that supports our growth strategy, with a highly complementary digital platform and on-the-ground presence in South Yorkshire.

"We expect to deepen referral relationships in Sheffield, with the team going to market locally as FRP. We are pleased to welcome Kelly, Nick and the team to the Group and look forward to working together.

"They share our values and I have no doubt will make a strong contribution to FRP as we continue to grow.”

The acquisition represents the latest in a series of nine new offices for FRP since its listing on the Alternative Investment Market in 2020.

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The new offices includes the firm’s first international office in Cyprus.

It has also acquired a series of restructuring and corporate finance businesses.

FRP said the acquisition aligns with its growth strategy, and will enable the firm to grow its customer base and “increase its support for the full spectrum of clients”, whilst also strengthening its national restructuring advisory team in Yorkshire.

Related topics:LondonSheffield