Cottons is pleased to announce the successful acquisition of Street and Street Accounts Ltd, a specialist accounting firm catering to the pub, restaurant, and beverages industry. The acquisition is part of Cottons’ strategic growth plan to expand its expertise and client base in the Midlands area.
Street and Street Accounts Ltd has firmly positioned itself as a reliable and trusted provider of comprehensive accounting services, catering specifically to the pub and restaurant industry. They work alongside their clients to help them grow sustainable and profitable businesses.
Mark Palmer (Partner in the Rugby office), who oversaw the deal from Cottons’ side, commented: “The transfer negotiations were very straightforward. Debbie made it clear that she wanted to ensure her clients and colleagues were positively affected, and we believe we have jointly succeeded in this aim.”
As a result of the sale, the Cottons team has gained two new staff members. Zach Rees played an essential role in bringing the clients on board, and Debi Pitcher and Wendy Cox have integrated well into the Cottons office life.
Reflecting on the acquisition, Debbie Street expressed confidence in Cottons’ ability to continue providing excellent service to the clients: “It was super important that we found a practice that had the same ethos around client relationships. The exclusive use of Xero accounting software, with all the efficiencies it provides, complements our setup and has enabled a seamless transfer. I know our clients will be in safe hands with Zach, and Debi & Wendy’s experience will be invaluable. I wish Zach all the best in his new role at the helm of Street & Street and hope he grows the business over the coming years.”
Looking to the future, Cottons aims to leverage the acquisition to grow its expertise and client numbers within the industry. By combining the strengths of both companies, Cottons is well-positioned to offer an expanded range of services and deliver exceptional value to its clients.