A new accountants’ firm has been established in the region.
Streets Hackett Griffey LLP is the product of a merger between Hackett Griffey Chartered Certified Accountants, of Haverhill, and Streets Chartered Accountants, which has offices in Peterborough, Cambridge, Newmarket, Colchester, Stevenage and Wyboston Lakes.
Jon Griffey, partner at Streets Hackett Griffey, said: “The firm was founded in 1984 by Philip Hackett, but our roots can be traced back to the 1950s, making us by far the longest established firm in Haverhill and the surrounding area.
“We chose to merge with Streets as they are a very well respected and established firm, and we are delighted to say share the same client-focused ethos as we do which makes them somewhat unique amongst larger firms.
“Streets are not private equity backed and have no interest in being so, which offers long- term security for our staff and clients.
“The need to look at a merger was driven by the fact that to remain competitive; to service the needs of clients and to look after our staff now and in the future, we need to be part of something bigger.
“The merger will offer much greater career prospects for our staff as Streets are keen to promote rising stars and offer opportunities to do more specialised work if they so want.”
Streets’ managing partner Paul Tutin said: “Following on from the merger of the Colchester and Essex practice of Whittles – now Streets Whittles – as well as Mitch Consulting, we have been keen to increase our presence locally. With Hackett Griffey joining the practice we are truly becoming a significant player in the region, and our regional approach forms part of our overall strategy to be a substantial UK practice. This allows Streets to establish a greater footprint in the East of England.
“We continue to find that firms we talk to and that merge with us like our approach, which is very different to the private equity led deals, as we seek to build on the success of the existing practice and empower individuals to drive and lead on their future growth and success.”
Streets Law, the firm’s dedicated corporate and commercial law offering led by managing director and solicitor, Adam Aisthorpe, undertook the legal work on behalf of Streets for the merger, including drafting the sale and purchase agreement and dealing with the due diligence process in collaboration with internal colleagues in the tax and audit teams at Streets.