National Chartered Accounting and advisory firm, William Buck Sydney will significantly increase its presence in Western Sydney through its merger with Priestley & Morris.
The merger will see current Partners Andrew Cordwell and Michele Nevill, and their 13 staff join William Buck on 1 September.
“Priestley & Morris, founded in 1899 is a well-established practice in Parramatta and the Greater Western Sydney area with a deep skills base and excellent clients. Their focus on SMEs complements our existing client acquisition strategy,” said Mr Nick Hatzistergos, Managing Director of William Buck Sydney.
“We are firmly planting our presence in the middle of a growing SME heartland and intend to become an integral part of the business community. With both State and Federal governments planning major infrastructure initiatives for Western Sydney, including a second airport and light rail project, it’s a natural fit for William Buck to expand there,” he added.
As part of its commitment to Western Sydney, William Buck will be transitioning several key executives to the Parramatta office to service its growing presence there.
Priestley & Morris Partner Andrew Cordwell says, “The merger allows us to provide added depth and specialist services for our clients in Western Sydney. We chose William Buck because of their collegiate approach to doing business – their partnership of business and community values is what makes this such a fantastic opportunity for our clients and our people.”
William Buck has already formed several key relationships with legal firms, banks and educational institutions in Western Sydney.
In the current financial year, William Buck Sydney will achieve a revenue target of approximately $25 million, which is up 20% per cent on the 2014 financial year. Staff numbers will climb to 150 people post-merger.
William Buck is an association of firms, each trading under the name of William Buck across Australia and New Zealand with affiliated offices worldwide. Liability limited by a scheme approved under Professional Standards Legislation other than for acts or omissions of financial services licensees. William Buck is an Associate member of Praxity, a global alliance of independent firms.