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Xeinadin has acquired three prominent accountancy practices in the South of England: Marden and Co, Mackenzies Accountants Limited and TaxAgility. The move brings its total of acquisitions to 23 in the past two years alone.
It comes as a recent Xeinadin survey of 1,000 SMEs found that the South of England was a “hotspot” for small business growth, with 52% of SMEs in London and the South reporting revenue rises in the past 12 months.
In light of this, the firm said it is now “tapping into the South as a thriving hub for SME growth”.
The teams at the three firms – Marden and Co based in Surrey, Mackenzies on the Isle of Wight and TaxAgility in Richmond, London – will continue to operate under the leadership of the companies’ managing directors.
Derry Crowley, CEO of Xeinadin, said: “Welcoming Marden and Co, Mackenzies, and TaxAgility to Xeinadin marks another key milestone in our growth strategy. These firms, trusted partners to local businesses, align perfectly with our mission to deliver personalised, future-focused tax and business advice to SMEs. We look forward to working closely with their teams and leveraging our collective strengths to better serve our clients.”
Donovan Crutchfield, managing director at TaxAgility, added: “We are delighted to be joining Xeinadin and look forward to sharing knowledge and best practices, strengthening our service portfolio, and improving our processes and infrastructure.”
Venetia Smith, managing director at Mackenzies, said: “The expertise and resources Xeinadin brings will benefit both our clients and team while allowing us to remain central to our local business community. Finding the right partner was crucial, and we are delighted to become part of Xeinadin.”
Bernard Marchant, managing director at Marden and Co, concluded: “We are thrilled about the opportunities this transition to Xeinadin brings and are confident it will benefit all our clients. Our commitment to providing exceptional service remains our top priority.”
