Xeinadin Group, one of the leading professional services groups in the UK and Ireland, has announced the acquisition of Tyrrell Accountants, the Cambridge-based accountancy firm.
Established by Craig Tyrrell in 1994, Tyrrell Accountants is a multi-award winning firm of business consultants and accountants. With a team of 12 and led by Craig Tyrrell and director Richard Suswain, the technology-driven firm is focused on providing accountancy and business advisory services to SMEs.
The acquisition is the fifth made by the Xeinadin Group this year, following the acquisitions of Kenneth Easby, ClearVision, Poppleton and Appleby, and WoodWhite Accountants, expanding its national footprint and bringing additional expertise into the group whilst maintaining its focus on becoming the most trusted advisor for founder-owned businesses.
Xeinadin has over 130 locations across the UK and Ireland and provides over 40 service lines to over 50,000 clients, predominantly small and medium sized businesses and their owner-managers. A fast-growing, acquisitive group, it is one of the professional services market’s leading businesses, with more than 1,700 employees.
Derry Crowley, CEO, Xeinadin Group, said: “The team at Tyrrell are a great fit for Xeinadin, with a laser-eyed focus on helping SMEs embrace new technology to give them greater control over their business and provide the best, most informed advice. This is another important milestone in our continued growth through acquisition, while we continue to make great strides in driving the integration and improvements in service delivery to provide better service for our clients, generate greater efficiency and organic growth.”
Craig Tyrrell, founder & director, Tyrrell Accountants, said: “I’ve run Tyrrell for almost 30 years from its inception and joining Xeinadin is a hugely exciting moment for us. The move will allow us to retain our identity and the invaluable relationships we have built over many years, but also enable us to confidently offer enhanced services and support. The synergies are clear in terms of our approach to digital and how we want to be seen by our clients, and I believe this is an important and highly positive step forward for the firm.”