The firm said its looks to continue “its buy and build strategy” and is looking for acquisitions in the personal injury and clinical negligence marketplace.

In its annual results released in May, the firm said it had raised £13m to funds its merger and acquisition strategy. 

Recent acquisitions Forth Associates, A&M Bacon Limited and Partners in Costs Limited have now all been fully integrated into the group.

To boost the firm’s personal injury and clinical negligence market expansions, Frenkel Topping has launched a critical care and case management division.

Today the firm announced that it has appointed Niccola Irwin to lead the new division. She has worked in case management for over 20 years, for a short time in the NHS before working for an insurance company. She joined Harrison Associates in 2004 and over 16 years held various roles including case management and occupational therapy expert witness work for catastrophically injured clients.

She joined Frenkel Topping after leaving Harrison Associates in January 2021. Harrison Associates was acquired by the Handl Group in 2019.

In 2020 Frenkel Topping’s revenue rose 19% to £10.2m (2019: £8.6m) with recurring revenue making up £7.2m of the total figure. Assets under management rose to exceed £1bn. 

Total assets for the firm rose considerably by 108% to £28.5m (2019: £13.7m) following the completion of the acquisition of forensic accountancy firm Forth Associates.

In today’s trading update Richard Fraser, CEO at Frenkel Topping, said: "We have continued to trade positively since our last update at the time of our final results. The first five months of the year have seen strong organic growth; the winning of further AUM mandates and the recent acquisitions have been performing well and to plan.

“The Board believes the business is very well positioned to execute its consolidation of the PI and CN marketplace, with plenty of opportunities in the pipeline, which will deliver further growth in this financial year alongside organic growth.”