FRP Advisory Group Expands with Acquisition of One Advisory

FRP Advisory Group Plc ( (GB:FRP) ) has provided an announcement.

FRP Advisory Group Plc has announced the acquisition of One Advisory Group for a total consideration of approximately £8.1 million, comprising cash and new ordinary shares. This acquisition aligns with FRP’s strategy to enhance its service offerings and expand its market presence. One Advisory, based in London, specializes in financial reporting, transaction advisory, and governance services, primarily serving clients listed on the London Stock Exchange. The acquisition is expected to contribute an annual revenue of approximately £4.9 million to FRP, strengthening its position in the financial advisory sector and providing a platform for further growth.

Spark’s Take on GB:FRP Stock

According to Spark, TipRanks’ AI Analyst, GB:FRP is a Outperform.

FRP Advisory Group Plc demonstrates robust financial performance with strong revenue growth and profitability, supported by a healthy balance sheet and cash flow. The stock shows positive short-term momentum, though facing some long-term resistance. A reasonable valuation and attractive dividend yield add to its appeal, complemented by positive corporate developments. These factors position the company well for continued growth and stability in the capital markets sector.

To see Spark’s full report on GB:FRP stock, click here.

More about FRP Advisory Group Plc

FRP Advisory Group Plc is a leading national specialist business advisory firm established in 2010. It offers a range of advisory services including restructuring advisory, corporate finance, debt advisory, forensic services, and financial advisory. The company serves companies, lenders, investors, and other stakeholders, providing services such as mergers and acquisitions, financial due diligence, and governance advisory.

Average Trading Volume: 604,356

Technical Sentiment Signal: Buy

Current Market Cap: £325.7M

Learn more about FRP stock on TipRanks’ Stock Analysis page.