Thu, 30 Mar 2023 | BUSINESS SALE
Professional services firm Xeinadin Group has completed the acquisition of North Yorkshire accountancy firm Kenneth Easby Ltd in what is the consolidator's third deal of the year so far. Founded in 1949, Kenneth Easby Ltd is based in Bedale and also has an office in Northallerton.
The company provides financial and support services to the agricultural sector, high net worth individuals and owner managed businesses. Following the acquisition, the firm will continue to be lead by managing director Ken Graham.
Xeinadin was formed in 2019 through the merger of over 100 small and medium-sized UK and Ireland accountancy practices. Since then, the company has grown significantly, both organically and through acquisitions, and now has more than 130 locations across the UK and Ireland, over 40 service lines and in excess of 60,000 clients, largely owner-managers at small and medium-sized businesses.
Last year, Xeinadin received a significant minority investment from private equity firm Exponent, which has provided a boost to its acquisitive and organic growth plans. Following the investment, the company completed five acquisitions in 2022.
The acquisition of Kenneth Easby follows deals for Clear Vision Financial Management and Poppleton and Appleby earlier this year, as the group continues to capitalise on surging M&A activity in the professional services and wealth management industries.
Xeinadin Group CEO Derry Crowley said: "We are pleased to have Kenneth Easby Limited join the Xeinadin Group. The firm is renowned for the quality of its work and is focused on the core customer groups which we are. We are delighted to be working with Ken and the team."
Kenneth Easby MD Ken Graham added: "We are pleased to be part of Xeinadin Group. Being part of a larger group with the same ethos and focus as our own will not only benefit our customers through offering additional services but also our employees as we have wider resources and knowledge sharing at our fingertips."
Find out about driving M&A growth with private equity funding.
If you are looking for an exit, we can help!
Opportunity to acquire a well-established law firm located in Birmingham, offering a strong client base and a reputation for excellence.
Opportunity to acquire a well-established law firm in Manchester, offering a broad range of legal services and a loyal client base.
Opportunity to purchase a reputable law firm in Scotland, offering a strong client base and extensive expertise in various legal services.
08
|
May
|
West Midlands IT firm acquired by US group | BUSINESS SALE
CSI Limited, a West Midlands-based provider of mission criti...
08
|
May
|
Drainage and civil engineering firm acquired by environmental services group | BUSINESS SALE
Glanville Environmental, a South West-headquartered drainage...
07
|
May
|
PE-backed accountancy completes 12th acquisition in three years | DIVISION SALE
Private equity-backed accountancy and professional services ...
17
|
Dec
|
Xeinadin targets SME growth in double Kent acquisition | BUSINESS SALE
Business advisory and accountancy firm Xeinadin has expanded...
19
|
Sep
|
Xeinadin announces 26th acquisition in two years | BUSINESS SALE
Professional services group Xeinadin has completed its 26th ...
16
|
Jul
|
Xeinadin completes 24th acquisition with South Wales deal | BUSINESS SALE
Acquisitive professional services firm Xeinadin has continue...
Business Sale Report is the complete resource for finding genuine 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.