FRP Advisory Group plc (AIM:FRP) acquired Hilton-Baird Group for £8.4 million on May 13, 2024. Consideration consists cash of £5.6 million, issued 2,310, 557 shares and Performance based earnout. For period ended December 31, 2023, Hilton-Baird Group reported revenue of £4.9 million and EBITDA of £1.3 million. Katy Birkin, Stephen Keys and George Lawson of Cavendish Capital Markets Limited acted as financial advisor to FRP Advisory Group.

FRP Advisory Group plc (AIM:FRP) completed the acquisition of Hilton-Baird Group on May 13, 2024.