One of East Anglia's largest accountancy firms has strengthened its presence in West Suffolk by acquiring Bury St Edmunds-based Jacobs Allen. The move marks Scrutton Bland's first acquisition since opening its Bury St Edmunds office in 2023.
The big picture: The deal brings together two established Suffolk accountancy firms, expanding Scrutton Bland's footprint in the region while maintaining local expertise and client relationships.
Key details:
Jacobs Allen, established in 1993, will continue operating from its offices in Bury St Edmunds and Haverhill
The firm has built a strong reputation for high-profile work and client relationships over three decades
Clients will retain access to their existing advisers while gaining additional services through Scrutton Bland
What they're saying: Speaking about the deal, Jason Fayers, Scrutton Bland's Managing Partner, said: "We are incredibly excited to welcome Jacobs Allen into the Scrutton Bland family. They have a fantastic reputation and have built a strong profile within the local business community."
Jacobs Allen's Keith Senior added: "We have been approached by many practices over the years, but they never felt like the right opportunity for us. Now, we looked to the future as the profession develops, we spoke to Scrutton Bland and discovered a family that we feel is a perfect fit."
The bottom line: The acquisition is part of Scrutton Bland's "wider growth strategy" for the region, suggesting further growth could be on the horizon for the Sumer Group-owned firm.