‘The Firm Of The Future’

120+ Independent Accountancy Practice
‘Overnight Merger’

PRESS RELEASE

Xeinadin Group

5th June 2019

PRESS RELEASE

Xeinadin Launches as the UK and Ireland’s Largest Professional Services Consolidator, ambitiously but confidently positioning itself as the ‘Firm of the Future’.

Born in only May 2018, the Xeinadin group is a hugely exciting consolidation of over 120 independent accountancy firms across the UK and Ireland. These firms have come together as one united, leading professional services provider, motivated by an unprecedented, visionary opportunity to work together as one stronger entity with a common purpose. Positioning itself as the ‘Firm of the Future’, the group aims to proactively tackle challenges facing the industry head on and turn those challenges into solid, marketable business opportunities. By placing technology and best practice at the heart of its client offering, the group’s member firms will ensure that they continue to deliver the very best service possible to their vast, diversified and extremely loyal client base. With technological change comes huge business opportunity for those willing to go the extra mile. The group plans to lead that endeavour.

Accountancy practices within the group range from small, local offices to larger, regional, multi-office practices with several Directors. Together they house many of the hardest working and most innovative entrepreneurs from the professional services sector. Embedded as trusted advisers in their local communities and with strong recurring annual revenue streams, these individual firms have proven themselves extremely resilient to economic uncertainty and couldn’t be better placed to support clients through evolving technological, political and economic landscapes. With so many disruptive but exciting ‘fintech’ solutions emerging, only the most open-minded and determined of accountancy practices will succeed where others fall. The opportunity to embrace and support further firms wishing to enter the group will only serve to make the group stronger, increasing its market share and pooled expertise.

Many of the firms were head-hunted into the group on the basis of their entrepreneurial success, strong historic growth and future potential. Several are regional and national award winners. All are seasoned professionals and all are highly motivated to make the group a resounding success. Importantly the group’s aim is not to impose a centralised brand on its members or restrict successful working practices. At the core of the group’s philosophy is a recognition of the huge value inherent in the individual, regional brand identities of its members firms and the impressive work they have put in to create highly profitable businesses, build the trust of their clients and to tailor their services to the needs of their local communities. All firms will keep their original names and will benefit greatly from the support of hundreds of Directors, pooled resources, cost efficiencies, economies of scale and a network of specialist service providers. In this way all Xeinadin offices can deliver big firm expertise and capability with the care and attention of a small firm.

With a focus on future growth and business continuity the group has developed its ‘NextGen’ initiative, aimed at developing the next generation of business professionals. This initiative will seek to identify and develop the most talented accountants within the group to evolve to Director level whilst simultaneously recruiting the best external talent. In this way the group will address the national succession issue faced by the industry and allow existing partners with a lifetime of service behind them to unlock some of the value of their businesses.

With substantial turnover, the group is forging mutually, cooperative relationships with key technology and software providers. Such relationships and technological tools will allow Xeinadin offices to provide new or enhanced services to existing clients including, but not limited to, business growth, financial and legal management. Greater specialisms available within the group will allow Xeinadin offices to refer more work internally to generate immediate returns, with huge potential for future growth. Examples of specialisms include probate and wills, corporate finance and international tax compliance. Whilst showing a disruptive characteristic, the group intends to build strong and mutually beneficial relationships with suppliers, enabling the substantial sized group to benefit from both cost efficiencies and economies of scale.

With a strong community theme, the group has a major focus on mutual cooperation and collaboration in order to best support all Xeinadin offices and their clients. Partner level expertise will be strengthened through a mixture of internal networking initiatives, group learning exercises and training workshops focusing on dynamic teamwork and leadership skills. Group expertise will be pooled and shared to the enormous benefit of clients’ businesses.

The Group has become the first major UK & Ireland professional services firm with major focus on servicing the OMB and SME markets and with a major focus on improving and evolving client service standards using the very latest available technology to develop the ‘Firm of the Future’ concept.

The Group plans not to be making any further announcements until around 1st July 2019.

The group’s website is: www.xeinadingroup.com

The group members have won many national awards including:

  • Accountancy Age Firm of The Year
  • British Accountancy Award Winners
  • Xerocon Firm of the Year
  • 2020 Firm of the Year
  • AVN Annual Firm of the Year
  • Many other awards have been won by the members.

PRESS RELEASE

Xeinadin Launches as the UK and Ireland’s Largest Professional Services Consolidator, ambitiously but confidently positioning itself as the ‘Firm of the Future’.

Born in only May 2018, the Xeinadin group is a hugely exciting consolidation of over 120 independent accountancy firms across the UK and Ireland. These firms have come together as one united, leading professional services provider, motivated by an unprecedented, visionary opportunity to work together as one stronger entity with a common purpose. Positioning itself as the ‘Firm of the Future’, the group aims to proactively tackle challenges facing the industry head on and turn those challenges into solid, marketable business opportunities. By placing technology and best practice at the heart of its client offering, the group’s member firms will ensure that they continue to deliver the very best service possible to their vast, diversified and extremely loyal client base. With technological change comes huge business opportunity for those willing to go the extra mile. The group plans to lead that endeavour.

Accountancy practices within the group range from small, local offices to larger, regional, multi-office practices with several Directors. Together they house many of the hardest working and most innovative entrepreneurs from the professional services sector. Embedded as trusted advisers in their local communities and with strong recurring annual revenue streams, these individual firms have proven themselves extremely resilient to economic uncertainty and couldn’t be better placed to support clients through evolving technological, political and economic landscapes. With so many disruptive but exciting ‘fintech’ solutions emerging, only the most open-minded and determined of accountancy practices will succeed where others fall. The opportunity to embrace and support further firms wishing to enter the group will only serve to make the group stronger, increasing its market share and pooled expertise.

Many of the firms were head-hunted into the group on the basis of their entrepreneurial success, strong historic growth and future potential. Several are regional and national award winners. All are seasoned professionals and all are highly motivated to make the group a resounding success. Importantly the group’s aim is not to impose a centralised brand on its members or restrict successful working practices. At the core of the group’s philosophy is a recognition of the huge value inherent in the individual, regional brand identities of its members firms and the impressive work they have put in to create highly profitable businesses, build the trust of their clients and to tailor their services to the needs of their local communities. All firms will keep their original names and will benefit greatly from the support of hundreds of Directors, pooled resources, cost efficiencies, economies of scale and a network of specialist service providers. In this way all Xeinadin offices can deliver big firm expertise and capability with the care and attention of a small firm.

With a focus on future growth and business continuity the group has developed its ‘NextGen’ initiative, aimed at developing the next generation of business professionals. This initiative will seek to identify and develop the most talented accountants within the group to evolve to Director level whilst simultaneously recruiting the best external talent. In this way the group will address the national succession issue faced by the industry and allow existing partners with a lifetime of service behind them to unlock some of the value of their businesses.

With substantial turnover, the group is forging mutually, cooperative relationships with key technology and software providers. Such relationships and technological tools will allow Xeinadin offices to provide new or enhanced services to existing clients including, but not limited to, business growth, financial and legal management. Greater specialisms available within the group will allow Xeinadin offices to refer more work internally to generate immediate returns, with huge potential for future growth. Examples of specialisms include probate and wills, corporate finance and international tax compliance. Whilst showing a disruptive characteristic, the group intends to build strong and mutually beneficial relationships with suppliers, enabling the substantial sized group to benefit from both cost efficiencies and economies of scale.

With a strong community theme, the group has a major focus on mutual cooperation and collaboration in order to best support all Xeinadin offices and their clients. Partner level expertise will be strengthened through a mixture of internal networking initiatives, group learning exercises and training workshops focusing on dynamic teamwork and leadership skills. Group expertise will be pooled and shared to the enormous benefit of clients’ businesses.

The Group has become the first major UK & Ireland professional services firm with major focus on servicing the OMB and SME markets and with a major focus on improving and evolving client service standards using the very latest available technology to develop the ‘Firm of the Future’ concept.

The Group plans not to be making any further announcements until around 1st July 2019.

The group’s website is: www.xeinadingroup.com

The group members have won many national awards including:

  • Accountancy Age Firm of The Year
  • British Accountancy Award Winners
  • Xerocon Firm of the Year
  • 2020 Firm of the Year
  • AVN Annual Firm of the Year
  • Many other awards have been won by the members.
PRESS RELEASE

Xeinadin Group

5th June 2019

Featured Articles

PRESS RELEASE

Altrincham-based accountants specialising in Property Services join Xeinadin.

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PRESS RELEASE

Financial Services & Accountancy Specialists Tynan Dillon Headhunted By ‘Firm of the Future’

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PRESS RELEASE

Award Winning Irish Professional Services Firm Lalor O’Shea McQuillan is the latest to endorse ‘The Firm of the Future’.

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PRESS RELEASE

Xeinadin announces its £3.5m City of London ‘Travel Specialist’ firm, Elman Wall.

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PRESS RELEASE

Large UK accountancy consolidator views Brexit as major acquisition opportunity across entire Ireland region.

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PRESS RELEASE

Xeinadin acquires credible medical specialist accountancy firm BCC Accountants in ‘120+ firm overnight merger’.

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PRESS RELEASE

Xeinadin Acquires Leading Award-Winning Central Manchester Practice.

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PRESS RELEASE

Xeinadin targets a number of younger technology-driven Sole Practitioners as focus continues on ‘Firm of the Future’.

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PRESS RELEASE

Central Liverpool based Cobham Murphy ‘Head Hunted’ in 120+ firm merger as a high-level tax specialist across the entire Xeinadin Group.

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PRESS RELEASE

Leading and Award winning VAT specialists Centurion are latest tax experts to join the ‘overnight’ 120+ accountancy firm merger.

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PRESS RELEASE

Award Winning O’Connor Pyne & Co joins the ‘Firm of the Future’ to form substantial Irish accountancy practice.

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PRESS RELEASE

Xeinadin becomes one of the UK’s largest accountancy specialists for Barristers and Solicitors following the acquisition of BarTax.

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PRESS RELEASE

Leading Welsh Digital Accountancy Practice O’Brien & Partners announces world record merger with over 120 UK and Ireland accountancy practices.

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PRESS RELEASE

Multi-Award Winner and Entrepreneur Gloria Murray joins Xeinadin Group.

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PRESS RELEASE

2018 Xero Award Winning Practice Lewis Ballard Joins the ‘Firm of the Future’

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PRESS RELEASE

175 Year-Old Award Winning Chartered Accountancy Practice Joins Xeinadin Group!

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Accountancy Journals

thetimes.co.uk

Accountancy firms join Xeinadin super group.

Up to 25 Irish accountancy firms have taken the first steps towards an amalgamation that could see the creation of the profession’s seventh-largest practice. They have joined Xeinadin Group, a network of more than 120 accountancy firms in the UK and Ireland.

internationalaccountingbulletin.com

Xeinadin Launches Professional Services Consolidator In UK, Ireland.

Xeinadin, which calls itself the ‘firm of the future’, has announced details of a number of its takeovers. The group is a consolidation of more than 120 independent accountancy firms across the UK and Ireland.

accountancydaily.co

Xeinadin launch brings together 120 accountancy firms.

In a bid to compete with mid-tier accounting firms, 100-plus smaller multi-disciplinary accounting practices have consolidated into a single entity known as Xeinadin Group and will share services and technology, while retaining their independent identities

accountancytoday.co.uk

New accountancy merger launches with 120 firms.

All firms will keep their original names and will benefit from the support of hundreds of directors, pooled resources, cost efficiencies, economies of scale and a network of specialist service providers

Xeinadin Group in Numbers

120+
Accountancy Firms

now 1 group.

150+
Offices

in major towns and cities.

40,000+ Business Clients

across the entire UK & Ireland region.

250+
Directors

Contact Us.

Customer Service

Please contact our customer service if you have any client related matters.

Head Office

Becket House, 36 Old Jewry, Bank, London, EC2R 8DD