Tue, 21 Nov 2023 | BUSINESS SALE
Professional services group Xeinadin Group has announced the acquisition of Buckinghamshire-headquartered accountancy practice Everitt Kerr & Co. The deal is the 16th acquisition secured by Xeinadin since it received backing from private equity firm Exponent in 2022 and follows its acquisition of Leicester accountancy Alacrity Accountancy last month.
Xeinadin’s acquisitive activity has helped the group build a network of more than 130 offices and over 1,900 employees in the UK and Ireland. The company provides more than 40 service lines to over 60,000 business clients, predominantly small and medium-sized firms and their owner-managers.
The firm’s partnership with Exponent is aimed at supporting its ambitious growth plans, which include the continued growth of the group’s footprint and acquiring additional expertise while maintaining its focus on providing advisory services for founder-owned businesses.
Everitt Kerr & Co, which was founded in 1992, specialises in compliance, audit, consultancy, business advisory and support services. Following the acquisition, the company’s team will remain under its existing structure, but the company will benefit from the introduction of Xeinadin’s significant additional resources.
This will include the centralisation of back-office operations, as well as the wider support of a collaborative international group. Xeinadin said that the acquisition will mean Everitt Kerr & Co’s team and clients are well-placed to navigate an increasingly stringent regulatory environment.
Derry Crowley, CEO of Xeinadin Group, commented: “Welcoming Everitt Kerr & Co into the Xeinadin Group marks another key milestone in our international growth strategy. As a trusted partner to personal clients and businesses offering a range of specialist services, Everitt Kerr & Co is a great fit with Xeinadin and our focus on delivering personalised, future focussed tax and business advice to SMEs. We look forward to working with Everitt and the team.”
Find out more about the trends shaping M&A in the professional services space
This is a well-reputed with regular and repeat trade staffing agency, an ideal bolt-on or mobile business.
This is an exciting oppurtunity to acquire this robust, profitable and well managed lettings / estate agency to the market. The owner took the business off the market at the start of the Covid-19 lockdown in order to work with us on a refresh of the...
LEASEHOLD
This is an opportunity to acquire a financial advisory firm which has a consistent profit margin as well as high annual turnover. This is now up for sale due to the current owners' desire to retire.
LEASEHOLD
01
|
Dec
|
Security consultancy acquired in MBO | MBO/MBI
CSG (Controlled Solutions Group), a live event security, tra...
01
|
Dec
|
Administrators prepare for sale of circuit board manufacturer’s assets | ADMINISTRATION
Washington-based electronics manufacturer Faraday Printed Ci...
30
|
Nov
|
£30m-turnover modular construction firm acquired out of administration | BUSINESS SALE
The business and assets of Module-AR Ltd, a modular construc...
18
|
Oct
|
Xeinadin strikes 15th acquisition since securing PE backing | BUSINESS SALE
Professional services group Xeinadin Group has continued its...
22
|
Jun
|
Reading-based accountancy business acquired by fast-expanding Xeinadin Group | BUSINESS SALE
WoodWhite Accountants, the Reading-based accountancy firm, h...
30
|
Mar
|
Professional services consolidator completes third acquisition of the year | BUSINESS SALE
Professional services firm Xeinadin Group has completed the ...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.