This acquisition forms part of an on-going growth strategy that will see the Lucas Fettes Group grow by 20% this financial year. The existing Waveney McKenna office in Peterborough will be retained, adding to our national network of offices, whilst Waveney McKenna Norwich will be incorporated into the new Lucas Fettes Norwich office in Lakeside 500 on Broadland Business Park.
Commenting on the acquisition, Group Chairman Robin Lucas said: "We are in a fantastic position where we are free of any debt and profitable. This gives us the ability to invest in our continued growth and development when quality opportunities come our way".
Mark Brown, Director and Head of Financial Services said: "We are presented with many opportunities but very few are of the quality we would consider to enhance our business. Waveney McKenna is the exception and we are delighted to bring on board such a high quality team and valued clients.”
Ian Burrows, Director of Waveney McKenna Ltd said: “Following a review of our business and the challenges in the market we carefully researched the options available and reviewed a significant number of companies prior to the decision to sell to Lucas Fettes. Our priorities are to enhance our service to clients and increase the breadth of our service proposition within a well established firm with a similar set of guiding principles – we are pleased to have found an excellent fit for clients and staff with Lucas Fettes.”
Ian Burrows is appointed as a Director of Lucas Fettes & Partners (Financial Services) Ltd and Liz Burrows will be Divisional Director of the Peterborough office.
The photo shows (l to r) Liz Burrows, Jane Hudson, Mark Brown and Ian Burrows.