Xeinadin Group Limited (“Xeinadin” or “the Company”), one of the leading professional services groups in the UK and Ireland, has acquired Peter Howard & Co, a specialist accountancy and taxation firm based in Wetherby.
Xeinadin is a group of business advisory and accountancy practices in over 100 locations across the UK and Ireland that provides over 40 service lines to over 50,000 clients, predominantly small and medium sized businesses and their owner-managers. It was formed through a merger of the offices in 2019 and is now structured into 12 regional hubs.
As part of Xeinadin, Peter Howard & Co, which has a 12-strong team of qualified accountants and Chartered tax advisors, will continue to be led by Simon Foreman and Jeanette Smith.
The acquisition brings additional strength to Xeinadin’s significant capabilities advising SMEs and high net worth individuals, with Peter Howard bringing expertise in a range of sectors including medical, property and stockbroking.
Following a significant minority investment from private equity firm Exponent earlier this year, this acquisition marks another step in the growth of the group since the investment.
Xeinadin has more than1,600 employees across the UK and Ireland, and is one of the professional services market’s leading disruptors and consolidators, with annual revenues of over £100 million in its latest financial year.
Derry Crowley, CEO, Xeinadin Group, said: “We are thrilled to welcome Peter Howard & Co to the Xeinadin Group. The firm is a great addition to our family and will provide even greater strength to our Yorkshire offering. We look forward to working alongside Jeanette and Simon and the team. This is another indication of the continued quality growth journey we are on, as we continue to scale up and integrate our Group.”
Jeanette Smith, Peter Howard & Co, commented: “We are excited to be joining Xeinadin at this point in its growth and development. We have been hugely impressed by the journey the Group is on and being part of it will enable us to provide so much more to our clients, while still retaining the friendly, professional and local service that is a hallmark of our business.”