The firm specialises in debt advisory, commercial and asset finance, corporate insolvency, restructuring and insolvency investigation services and reported fee income of £29.8m in 2015. It has 32 partners and more than 200 UK staff with 12 offices in England and Scotland. The firm is ranked 23rd in the annual Accountancy UK top 75 firms 2016 league table.

PrimeGobal, ranked at number 17 in the Accountancy league table of international networks and associations, links together 300 independent accounting firms in 90 countries.

Geoff Carton-Kelly, partner at FRP Advisory, said: ‘We hope to add value to all our associate members by offering additional services and advice. As one of the largest UK independent business advisory firms focusing on corporate restructuring, recovery, turnaround and debt advisory solutions, FRP Advisory is frequently approached by other independent accountancy firms both inside and outside the UK looking for quality, specialist advice.’

Thierry Delvaux, PrimeGlobal EMEA chief regional officer, said: ‘In today’s marketplace, restructuring and recovery services are critical offerings that shape the lifecycles and values of businesses around the globe.

'We are pleased to welcome a firm with the skills and expertise of FRP Advisory to the circle of advisers and colleagues on whom they can rely for advice in this critical area, and with whom they can share business opportunities.’