Streets Chartered Accountants, a notable UK firm, is growing its presence in the South West.
- The firm has merged with Exeter’s Bush & Co, boosting regional influence.
- Streets Bush Limited is the new entity from this merger, advancing specialist services.
- Director Shane Cann is enthusiastic about enhanced services and staff opportunities.
- Managing Partner Paul Tutin highlights the merger’s role in reaching revenue targets.
Streets Chartered Accountants has taken a bold step in expanding its influence in South West England through a strategic merger with Bush & Co, a well-respected accountancy firm in Exeter. This move establishes Streets Bush Limited, positioning the firm as a significant player in the regional accountancy landscape. By merging with Bush & Co, Streets Chartered Accountants aims to integrate and enhance its service offerings, thereby establishing a comprehensive presence in the area.
Director Shane Cann expressed his excitement over the merger, highlighting the alignment of Bush & Co’s values with those of Streets Chartered Accountants. Founded in 1955, Bush & Co has built a strong reputation through excellent client service and care. “We are thrilled to merge with Streets,” Cann remarked, noting that the merger will enable the provision of a broader range of specialist services. These include corporate and private client tax planning, banking and finance, and R&D tax reliefs, among others.
In addition to expanding services, the merger is set to improve career prospects for the team, enhance training opportunities, and facilitate the attraction of quality staff. The merger provides not only for growth but also retains the independence and investment in the existing business of Bush & Co. This strategic consolidation benefits both firms by combining strengths to deliver an even more diverse service offering.
Managing Partner Paul Tutin has described the merger as a realisation of a long-held ambition to establish a firm presence in the South West. This expanded footprint allows Streets Chartered Accountants to support the needs of both large and small businesses, as well as private individuals. The merger has also contributed to Streets achieving a target revenue of £40 million for the year, marking a successful phase in their growth strategy.
Looking forward, the merger opens doors for further expansion across Cornwall, Dorset, Gloucestershire, Somerset, and Wiltshire, whether organically or through additional mergers. Tutin emphasised that this venture not only strengthens Streets’ position in Exeter and Devon but also enhances its reputation as a leading provider of accountancy and business advisory services in the region.
The merger solidifies Streets Chartered Accountants’ strategic growth in South West England, poised for future expansion.
