Culture over capital

Paul Tutin on how Streets is scaling without private equity

Hello Rainmakers,

Today, Sam Metcalf goes inside the vision of managing partner Paul Tutin and his strategy for sustainable, independent growth.

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Left to right: Streets Bush Director Catherine Dymond, Business Support Manager Geoff Holmes, Senior Partner Sunny Truran, Chairman and Managing Partner of Streets Paul Tutin and Streets Bush Managing Director Shane Cann

In an accountancy landscape increasingly shaped by private equity investment, one firm has taken a resolutely different path - and is thriving because of it.

Streets Chartered Accountants, founded in 1907, has quietly become one of the UK’s fastest-growing professional services networks. With nearly 500 staff, 70 partners and 33 offices across England, Wales and Northern Ireland, it has secured its place in the UK’s top 40 accountancy firms - not by taking on external capital, but by building organically and acquiring like-minded firms on its own terms.

At the helm is Paul Tutin, Streets’ long-serving managing partner. Calm, considered and quietly ambitious, Tutin has overseen the firm’s national expansion through a model that deliberately eschews private equity backing - an approach that’s increasingly rare in the profession.

“In recent years, we’ve seen many independent practices disappear from the high street as PE-backed consolidators move in,” Tutin explains. “There’s no doubt that capital brings speed. But we believe in building with longevity in mind - not for short-term returns, but for long-term value.”