05 Aug 2025

Accountants deepen deals expertise with key Fellwood Advisory acquisition 

Cooper Parry

Accountancy firm Cooper Parry (CP) has stepped up its ambitious plan to create the UK and Ireland’s most progressive professional services group with the acquisition of Fellwood Advisory, a leading mid-market debt advisory firm. 

This is the 16th deal in just over two years and the fourth since CP partnered with New York-based Lee Equity Partners in December 2024.

It also lifts CP’s turnover beyond £235m. 

Founded in 2023, Fellwood Advisory’s senior team bring over three decades of corporate lending and advisory experience to CP’s fast-growing deals team.

Their focus is on taking a leading role in negotiating and securing debt facilities typically ranging from £2m-£50m for corporate and PE backed clients. 

Craig Cheetham, Fellwood Advisory, founding partner and managing director 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.  

Timothy Mahapatra, Cooper Parry partner and head of deals, said: “With Craig and his talented team coming on board, our end-to-end Deals offer is strengthened even further following on from the recently announced acquisition of Liberty Corporate Finance in July 25.

“Our Deals Team’s expertise offers clients a fully integrated solution to all their M&A needs – right across Corporate Finance, Debt Advisory, Management Incentive Advisory, Transaction Services and Transaction Tax delivered from one nationally integrated team of over 100 people”  

 Ade Cheatham, CEO of Cooper Parry 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.” 

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