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William Buck expands footprint with ambitious growth strategy
13 February 2018 | Minutes to read: 2

William Buck expands footprint with ambitious growth strategy

By William Buck

Chartered accounting and advisory firm William Buck boosts its business advisory capabilities with the recent acquisition of NSW-based firm, Elliott House. This latest merger represents the next stage in a series of business acquisitions to grow the firmsโ€™ footprint across Australia and New Zealand.

William Buck Network Chairman Nick Hatzistergos said a combination of acquisitions, organic growth and internal promotions had seen the firm grow to 87 partners and over 600 across the network.

โ€œWe have a clear strategy which evolves around doing more for our clients. These acquisitions form a significant part of expanding on our capabilities and services, so we can add more value and offer even greater expertise and advice.โ€

William Buck has been servicing private companies and family businesses for over 120 years and the company expects to grow approximately 10% over the next year.

William Buckโ€™s vision to be a leading adviser to the middle-market has resulted in a number of acquisitions to further build on their capabilities and expertise. In recent months, theyโ€™ve expanded their networks by welcoming several new Directors and their teams:

  • Elliott House Simon Dorahy, Andrew Slattery and Cameron Martin along with 19 employees join the NSW firm on 1 February 2018.
  • The acquisition of the HLB Mann Judd Gold Coast office in December 2017. Janelle Manders and her team bring expertise in private enterprise, tourism and e-commerce.
  • Expansion of their business advisory offering with David Sharp and his team along with Jack Qi joining Tax Services in Sydney in July 2017.
  • Merger with Adelaide-based SP Accountants and Business Advisors, with Steven Pikramenos and his team joining William Buck in April 2017.

โ€œWith each merger, we looked at businesses that have a strong reputation for quality service and excellence and whose corporate values are closely aligned to our ownโ€.

โ€œWilliam Buckโ€™s approach is very much in line with the advice we provide to our clients – to achieve targeted growth through strategic investments. We make decisions based on the business philosophy we advocate.โ€

The firmsโ€™ growth strategy has been further supported through a number of senior internal advancements. Over the past 12 months, William Buck have promoted 8 new directors and 8 senior appointments.

โ€œWeโ€™re thrilled to be able to provide these opportunities to home grown talent and promote people who are passionate about making a difference and committed to building long-term relationships – key values that guide every aspect of our business.โ€

“Our strategy remains well on track – to expand our footprint through scale and depth and provide our people with career and professional development opportunities”.

โ€œEach of these changes is an important step in supporting our ongoing strategy to build new capability, strengthen existing areas and offer more benefits to our clientsโ€.

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