Cooper Parry has strengthened its deals advisory capabilities with the acquisition of Fellwood Advisory, a mid-market debt advisory firm, marking its 16th transaction in just over two years.
The acquisition adds to the firm’s growing presence in the professional services market and follows its partnership with New York-based Lee Equity Partners in December 2024. It is also the fourth deal completed since that partnership was formed.
The move takes Cooper Parry’s turnover to more than £235 million.
Founded in 2023, Fellwood Advisory specialises in negotiating and securing debt facilities typically ranging from £2 million to £50 million for corporate and private equity-backed clients.
The firm’s senior team brings over 30 years of corporate lending and advisory experience.
Craig Cheetham, founding partner and managing director at Fellwood Advisory, said:
“Cooper Parry’s dynamic model really appealed to us. CP’s ethos to be a disruptor in the professional services market and challenge the status quo really resonated with us. This brings a real opportunity for the debt advisory practice to continue to grow and attract high calibre people to meet the demand we’re seeing.”
The acquisition further expands Cooper Parry’s deals team, which now numbers more than 100 professionals offering corporate finance, debt advisory, management incentive advisory, transaction services and transaction tax.
Timothy Mahapatra, partner and head of deals at Cooper Parry, said:
“With Craig and his talented team coming on board, our end-to-end Deals offer is strengthened even further following on from the recently announced acquisition of Liberty Corporate Finance in July 25. Our Deals Team’s expertise offers clients a fully integrated solution to all their M&A needs.”
Resources & Whitepapers
Accounting Software The power of customisation in accounting systems
Ade Cheatham, CEO of Cooper Parry, described Fellwood Advisory as “a young firm with serious momentum.” He added:
“They bring specialist firepower to our Deals team and add even more depth to the integrated offer we’re building. This is another step in creating the next-gen professional services firm – bold, fast, and fuelled by culture.”