Accountancy services firm, Xeinadin Group Limited, has signed an agreement with private equity firm Exponent to form a strategic partnership
This partnership will involve Exponent making a significant minority investment in Xeinadin to support the business’s ambitious growth plans.
The arrangement is understood to give Exponent a significant share in the business, but the value of the deal has not been disclosed.
Xeinadin is a group of business advisory and accountancy practices in over 100 locations across the UK and Ireland with annual fee income of £100m and over 1,500 employees.
The group services 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.
