REG - FRP Advisory Grp PLC - Acquisition of Arc & Co Structured Finance Limited

Frp AdvisoryAnnouncement

Yesterday 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20251114:nRSN5143Ha&default-theme=true

RNS Number : 5143H  FRP Advisory Group PLC  14 November 2025

14 November 2025

FRP ADVISORY GROUP PLC

("FRP", the "Group" or the "Company")

 

Acquisition of Arc & Co Structured Finance Limited

 

FRP Advisory Group plc, a leading national specialist business advisory firm,
is pleased to announce the acquisition of Arc & Co Structured Finance
Limited ("Arc & Co") for a consideration of £6.0 million, plus an
additional amount for the net assets acquired on completion of approximately
£650,000 and a three-year performance based earn-out linked to profit in
excess of a hurdle (the "Acquisition").

 

Arc & Co is a renowned FCA-regulated provider of financial advisory
services to the real estate sector. Based in the West End of London, it serves
clients in both the UK and overseas. Arc & Co's two founding directors,
Andrew Robinson and Edward Horn-Smith will join FRP as partners, along with
all 18 members of the Arc & Co team.

 

Following the Acquisition FRP intends to launch a sixth service pillar, FRP
Real Estate Advisory. This will combine Arc & Co's expertise with the
Group's existing real estate experience to deliver a comprehensive and
integrated offering to help real estate stakeholders create, preserve and
realise value and, where necessary, manage risk.

 

This acquisition is in line with FRP's strategy of generating sustainable
profitable growth by broadening its service offering to clients, increasing
market share and expanding its geographical footprint. This acquisition is the
Group's fifteenth since IPO in March 2020 and its second in 2025, as it seeks
to broaden and deepen its services.

 

FRP's total upfront consideration for the acquisition is split between cash of
approximately £4.85 million and the issue of new ordinary shares with a value
of approximately £1.8 million with any future performance based earn-out
payable in cash.

 

For the year to 30 June 2025, Arc & Co's revenue was £5.4 million and
EBITDA was £1.6 million (all figures unaudited). The Acquisition is expected
to be earnings accretive in its first full year of ownership contributing
revenue of approximately £6 million and adjusted EBITDA(1) of approximately
£1.1 million from FY27.

 

Geoff Rowley, CEO of FRP Advisory, said: "Arc & Co's expertise broadens
our existing Real Estate capabilities. In launching FRP Real Estate Advisory
as a service pillar we bring these specialists together in order to better
serve clients with their Real Estate requirements. We consider this
acquisition will allow FRP to deepen relationships across the Real Estate
sector, with increased opportunities for revenue generation across the Group.

 

"Andrew, Ed and the team have built a great reputation and we're pleased to
welcome them to FRP. They share our values and will make a strong contribution
as we continue to grow."

 

Andrew Robinson and Ed Horn-Smith, Co-founders of Arc & Co, said: "We are
delighted to be joining FRP and are excited at the opportunities that being
part of FRP presents for our team and our clients. We are all immensely proud
of what we have achieved as a team at Arc & Co and being part of FRP will
be a strong platform to enable us to offer a broader range of services to our
clients and strengthen our reach across the UK through its nationwide office
network.

 

"We are confident that by building upon our shared values of quality and
professionalism with FRP we will accelerate our growth."

 

1,285,714 new ordinary shares (the "Consideration Shares") are to be issued as
part of the Acquisition with application to be made to trading on the AIM
market of the London Stock Exchange ("Admission"). The Consideration Shares
will rank pari passu with the Company's existing ordinary shares. It is
expected that Admission of the Consideration Shares will become effective and
that dealings will commence at 8.00 a.m. on 19 November 2025. Following the
issue of the Consideration Shares the Company will have 259,119,136 ordinary
shares in issue with each ordinary share carrying the right to one vote and no
ordinary shares held in treasury. The above figure may be used by
shareholders in the Company as the denominator for the calculations by which
they will determine if they are required to notify their interest in, or a
change to their interest in, the share capital of the Company under the
Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

 

(1) Adjusted to reflect Partner compensation under the future FRP model and
excluding exceptional costs and share based payment charges

 

Enquiries:

 

FRP Advisory Group plc
 

Geoff Rowley, CEO

Jeremy French, COO

Gavin Jones, CFO

Enquiries via Citypress

 

Cavendish Capital Markets Limited (Nominated Adviser and Joint Broker)

Katy Birkin / Stephen Keys / George Lawson (Corporate Finance)

Tel: +44 (0) 207 220 0500

 

Berenberg (Joint Broker)

Toby Flaux / James Thompson / Smruthya Ganeshram

+44 (0)20 3207 7800

 

Citypress (Financial Public Relations)

Martin Currie

T: +44 (0)7976291532

Calum Anderson

T: +44(0)7464444660

 

FRPreporting@citypress.co.uk (mailto:FRPreporting@citypress.co.uk)

 

Notes to Editors

FRP is a leading national specialist business advisory firm established in
2010. It offers a range of advisory services to companies, lenders, investors
and other stakeholders, as well as individuals. These services include:

§ Restructuring advisory: corporate financial advisory, formal insolvency
appointments, informal restructuring advisory, personal insolvency and general
advice to all stakeholders.

§ Corporate finance: mergers & acquisitions (M&A), strategic advisory
and valuations, financial due diligence, capital raising, special situations
M&A and partial exits.

§ Debt advisory: raising and refinancing debt, debt amendments and
extensions, restructuring debt, asset based lending and corporate and
leveraged debt advisory.

§ Forensic services: forensic investigations, compliance and risk advisory,
dispute services and forensic technology.

·      Financial advisory: Transaction services including pre-IPO
financial services, financial due diligence, lender services, financial
modelling, valuations, pensions and company-side advisory services and
corporate governance advisory.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  ACQBJBBTMTMBTIA



            Copyright 2019 Regulatory News Service, all rights reserved