Streets announces Mitch Consulting merger with Streets Steele

Streets has announced that the boutique practice of Mitch Consulting Limited has merged with the firm’s Bristol practice Streets Steele.

Mitch Consulting Limited provides outsourced accounting and finance solutions centred around the use of cloud-based programmes and digital platforms. 

This latest merger with Streets means that the firm now has 27 offices, over 60 partners and directors, more than 350 members of staff and an annualised fee income of more than £39m.

Streets Law, the firm’s dedicated corporate and commercial law offering led by managing director and solicitor Adam Aisthorpe, undertook the legal work for the merger on behalf of Streets. 

The firm’s law team now has completed 10 mergers for Streets in the last three years, whilst at the same time advising the Streets client base on M&A transactions worth in excess of £250m. 

Regarding the merger, Mark Mitchell, co-founder of Mitch Consulting Limited, said: “For our practice to grow and as part of our own succession planning, we needed to consider the next steps for the business. We spent some time considering the options as well as potential firms to join up with. With its established virtual finance office service and appetite and enthusiasm for innovation, we were delighted to enter into discussion and ultimately come together with Streets.

“We particularly like the opportunities that the merger offers for the continued growth of the business and the opportunities it offers existing and future team members. We also see the merger benefitting clients through their ability to access additional services, including specialist personal and business tax planning, specialist R&D tax reliefs, banking and finance and corporate law.”

Paul Tutin, Streets managing partner, added: “The merger of Mitch Consulting with Streets is one of five mergers we have completed in less than six months. This latest one was particularly exciting as it has enabled us to build on our focus to drive innovation in the delivery and provision of service for our clients both now and in the future. 

“We fully recognise the importance of embracing technology and the role it can play in meeting the need for effective and meaningful financial reporting and management for all businesses, especially those operating in the fast-moving Fin Tech sector.”

Tutin concluded: “Having Mitch Consulting join us, along with our dedicated VFO team in Bristol, provides a real boost to our service offering and helps to set us apart from our competition. We are truly excited about the opportunities this merger provides and developing an industry leading service.”