Top 20 UK & Ireland professional services group, Xeinadin, acquires Smith Craven
Xeinadin Group Limited (“Xeinadin” or “the Company”), one of the leading professional services groups in the UK and Ireland, has acquired Smith Craven, a specialist accounting firm headquartered in Doncaster.
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 14 regional hubs.
Smith Craven, which operates on 54 team members with offices in Doncaster, Sheffield, Worksop and Chesterfield will join Xeinadin under its Manchester Central and North region, led by KJG Xeinadin Group. It will continue to be led by Andy Cribb and Kelvin Fitton. The acquisition brings additional strength to Xeinadin through its finance raising, audit, tax and due diligence services.
Following a significant minority investment from private equity firm Exponent earlier this year, this acquisition marks another step in the continued growth of the group.
Xeinadin has more than 1,600 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 pleased to welcome Smith Craven to the Xeinadin Group. The firm is directly aligned with our vision and will provide even greater strength to our Manchester Central and North region. We look forward to working alongside Andy Cribb, Kelvin Fitton, and the team.
Kelvin Fitton commented: “Xeinadin is an ambitious and innovative group in the UK and Ireland professional services landscape and one which we are excited to be joining. Being part of the group will give our clients access to even greater resources and expertise, whilst enabling us to continue providing the local and personalized service which we pride ourselves on.”