Specialist business advisory firm FRP has announced the acquisition of JDC Group.
Headquartered in Norwich, the JDC Group is the leading specialist corporate finance and forensic services firm in the East of England. It operates JDC Corporate Finance and Walton Dodge Forensic, and collectively employs 16 people across its offices in Norwich, Chelmsford and London.
Founded in 2004, JDC Corporate Finance has grown to become East Anglia’s leading independent corporate finance and advisory practice. It provides transaction, business growth and tax advice to owner managed businesses and is complemented by Walton Dodge Forensic, which was launched as a specialist forensic accountancy firm in 2005. The team at Walton Dodge is known for providing expert opinion in contentious Court cases and its current nominated experts have been appointed to provide expert opinion in more than one thousand cases. since its inception.
Commenting on the acquisition, Geoff Rowley, CEO of FRP said: “This deal gives us an immediate presence in the Eastern region and bolsters our corporate finance and forensic services offering. The team have earned themselves a great reputation and we are excited about the contributions they will make to FRP.”
As part of the transaction, all 16 employees will join FRP. This includes the firm’s four directors – Jon Dodge, Dave Howes, Chris Adlam and Fiona Hotston Moore – who join FRP as partners.
Jon Dodge, founder of JDC, said: “We are delighted to have found in FRP a partnership that shares our core values of professionalism, commitment, integrity and tenacity and Dave, Chris, Fiona and I are all excited to be joining the firm as partners. Our whole talented team are looking forward to further accelerating the growth of our core business streams within the Eastern region and beyond, whilst at the same time extending the range of professional services that we offer.”
Jeremy French, COO of FRP, added: “JDC and FRP have a shared ambition to be the advisory, corporate finance and forensic services business of choice for our referrers and clients alike. The acquisition of JDC Corporate Finance and Walton Dodge Forensic clearly re-states our commitment to growing these specialist areas within the FRP business, alongside our commitment to the growth of our wider business in the East of England.”
You can find out more about FRP on their website, found here.