Register to get free articles
Want unlimited access? View Plans
Already have an account? Sign in
FRP Corporate Finance partner Simon Davies has been elected as the chairman of the Alliance of International Corporate Advisors (AICA) for a two year term in 2023 and 2024.
AICA is a global network of mid-market M&A advisory firms that strives to connect investors to international investment banking expertise and resources. It comprises more than 38 member firms across 40 countries and connects over 300 experienced professionals globally.
Davies will head up the group’s organisational activity. This will be his second stint on AICA’s board, having served as president from 2011 to 2013.
Davies said: “I put myself forward for this position in recognition of AICA’s importance to FRP Corporate Finance. As chairman, I’ll be focussing on driving greater collaboration across the network on cross border deals and attracting new member firms to our first class community in East Asia and the Middle East.
“These awards are a pleasing reflection of our commitment to AICA, following a year that saw FRP Corporate Finance go from strength to strength. However, AICA’s value does not lie in the activities of individual firms or people, but instead in the collaboration of firms around the globe.”
Utilising the international connections developed through AICA, FRP Corporate Finance said it experienced a boom in cross border activity in 2022 when 50% of strategic disposals going to overseas buyers, an increase from 20% in 2021.
Notable deals led by its team included supporting Lifecycle Marketing on its sale to New York-based Everyday Health Group and advising on the £117m merger between Solent Group and Sweden’s Humble Group.
