Merger gives us a greater footprint in the West Midlands, with Wales in our sights!

We are delighted to announce the establishment of Streets Dyke Ruscoe Limited. 

The announcement follows the merger of the well-established and widely respected Shropshire and Worcestershire practice of Dyke Ruscoe Chartered Certified Accountants with ourselves. This latest merger has enabled us to establish a greater footprint in the West Midlands, close to the Welsh border.

When asked about the merger, Carl Davies, Director of Streets Dyke Ruscoe based in its Ludlow office, said: “Dyke Ruscoe was established around the late 1920’s and has since been a local presence in Ludlow, Tenbury Wells and Craven Arms. As part of our own succession and growth strategy we have for some time been considering options for the future. Whilst we operate within the West Midlands and the Welsh Marches area, we recognised the opportunity to grow the practice into Wales and across the West Midlands. In part, the barrier to our growth, has been our size and structure. We therefore had to become part of something bigger.

“We are delighted to have merged with Streets. Whilst we considered a number of options, we believe that we have found our perfect partner. The Streets philosophy and outlook is similar to ours and they were keen to retain our sense of being a part of the local community and standing, something that has been established over the years. It was also important for us to continue to be able to provide our services in a relatively unchanged environment with the same great team engaging with our clients. 

“In an increasingly competitive market and with growing client needs we are pleased to be able to offer a greater breadth of services through joining up with Streets. These include more specialisms such as personal and corporate tax advice and banking and finance, along with other services we have historically had to outsource.

“We are also especially pleased to announce that following the merger we are now able to service the needs of clients who require an audit as these can now be looked after by Streets dedicated audit team, which acts nationally for groups, large companies, subsidiaries and charities.

“It truly does seem to be a partnership of like-minded people with similar principles facing the future and challenges together and also the great opportunities that exist. Together we can achieve growth not only for ourselves, but for our staff, existing and prospective clients. 

“Following the merger, we are delighted to announce that Charlotte Beamond has joined the directorship of the company, following the retirement of Peter Reynolds. We wish her every success in fulfilling her role.”

Looking at what the merger means to us, our Managing Partner, Paul Tutin, said: “We are delighted to have Carl Davies along with fellow directors Brydie Prime and Charlotte Beamond and their colleagues join the practice. It is especially pleasing to see and experience the mutual benefits and synergy to be had through firms like ours coming together.

“Whilst this year has seen our significant growth come about through the merger of firms located in Yorkshire, the East of England and the South West we are particularly pleased to have ventured further into the West Midlands. This is in keeping with our strategic intent to be a truly national and even UK practice.

“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, our dedicated corporate and commercial law offering led by Managing Director and Solicitor, Adam Aisthorpe, undertook the legal work on our behalf for the merger, including drafting the sale and purchase agreement and dealing with the due diligence process in collaboration with internal colleagues in our tax and audit teams.