Cooper Parry (CP), a UK-based accountancy firm, has announced the acquisition of Fellwood Advisory, a mid-market debt advisory firm.

The acquisition marks CP’s 16^th deal in just over two years and the fourth since its partnership with New York-based Lee Equity Partners in December 2024.

The latest acquisition will boost CP’s turnover beyond £235m ($312m).

Cooper Parry CEO Ade Cheatham said: “Fellwood’s a young firm with serious momentum – smart people, strong instincts, and a clear edge in the market.

“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.”

Founded in 2023, Fellwood Advisory boasts a senior team with more than three decades of experience in corporate lending and advisory.

It is claimed to have established its presence with its expertise in negotiating and securing debt facilities typically ranging from £2m to £50m for corporate and private equity-backed clients.

Fellwood Advisory founding partner and managing director Craig Cheetham 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.”