David Acland, Steve Williams and Lila Thomas have joined as partners. Acland has 30 years’ experience in restructuring and turnaround and had a 25-year career with Begbies Traynor, becoming regional managing partner based in Preston. Williams joins from Begbies Traynor with more than 30 years’ experience in corporate restructuring. Thomas also joins from Begbies Traynor and has 24 years’ experience in corporate rescue and recovery.

Geoff Rowley, senior partner at FRP Advisory, said: “Dave, Steve and Lila are all strategic hires and testament to the demand for FRP Advisory’s solutions-driven advice for management teams, equity partners, other investors, lenders, and key institutions we advise. We are delighted they have joined FRP Advisory and opened a new office in Preston with a highly experienced and regionally-connected team that has hit the ground running – all part of a long-term plan to have an on-site presence in selective key regions across the country whilst delivering the same consistent quality of service. Over the past three years, we have tripled the size of our northern England presence to 10 partners in response to demand for FRP Advisory’s services. We look forward to continuing to make selective hires, as part of firm to devise innovative solutions at times of strategic business change, with the energy and enthusiasm our clients can expect when we seek to create and recover value on their behalf.”