Jobs secure after merger of two firms of accountants

Staff from the two offices celebrate the new partnership.
Staff from the two offices celebrate the new partnership.
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A long-established firm of accountants in Holbeach has just completed a merger with a rival business.

Chartered accountants Hull Matthewson, which was founded 88 years ago, has joined forces with the larger company Bulley Davey.

No jobs have been lost in the merger and the deal means that Hull Matthewson is now part of Bulley Davey, which has offices in Peterborough, Spalding, Wisbech, Oundle, Huntingdon, Corby and Hitchin as well as Holbeach.

Hull Matthewson employed 11 members of staff and Bulley Davey had four staff in its Holbeach branch and all 15 will be retained.

Julie Matthewson, who headed up Hull Matthewson, will become a director of Bulley Davey and will continue to look after her current clients while David Matthewson and Steven Adcock will become office directors.

She said: “For Hull Matthewson clients, this merger guarantees a future for the firm in Holbeach and access to the excellent additional financial services expertise that Bulley Davey has.”

“Bulley Davey shares a similar ethos and cares about providing a personal and genuine professional accountancy service.

“We are looking forward to growing together.”

Bulley Davey associate Chris McKenna will form part of the management team and with the other current Bulley Davey Holbeach staff will move into Hull Matthewson’s existing premises in Boston Road, in Holbeach.

Peter Wright, director at Bulley Davey, said: “This is a really exciting opportunity for both accountancy firms.

“Hull Matthewson has a depth of experience and many loyal and long-standing clients – we look forward to working together.

“I’m sure our own Holbeach based clients will appreciate and benefit from the additional presence we will have in the town.”