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FRP Advisory Group PLC - London-based corporate finance, restructuring and debt adviser - Acquires BridgeShield Asset Management Ltd, which provides property asset management advisory services to lenders through the issue of 393,700 shares in the company.
Ben Hubbard and Nick McAuliffe, directors of BridgeShield will join FRP as partners.
‘Ben and Nick have built a great business and have worked with FRP for many years. They share our values and will be able to accelerate their growth by joining the group. We will benefit from expanding our service offering to cover Asset Management services to specialist lenders and welcome the team to FRP,’ said Chief Executive Officer Geoff Rowley.
Current stock price: 126.50 pence
12-month change: up 7.2%
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