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Xeinadin has acquired accountancy firm CB Reid Limited, less than one month after its acquisition of Landmark. CB Reid specialises in providing accountancy, financial and taxation expertise to individuals, businesses, corporations, public bodies, charities and professional practices, and has a particular focus on start-up businesses.
The Dorchester-based firm provides clients with a range of services that include audit, cloud accounting, compliance, payroll, tax planning and more.
The expansion brings an additional 20 employees to Xeinadin’s operations in Dorchester.
Xeinadin said its “total package approach” of an expansive service offering, advisory mindset and expertise, will enable CB Reid’s clients to “unlock their potential and thrive in their industry, in a landscape where personal business support and a digital first focus is needed more than ever”.
Derry Crowley, CEO at Xeinadin, said: “Dorset is a growing entrepreneurial hub and bringing in CB Reid significantly boosts our presence and expertise in the region. Welcoming Pete and his team to Xeinadin is a natural fit. We are eagerly anticipating the journey ahead.”
Pete Cattermole, managing director at CB Reid, added: “We are delighted to be joining Xeinadin. As the firm has grown in size and complexity, we have come to realise that to continue to deliver an excellent service to clients, we need support from a larger firm behind us. We strongly believe that Xeinadin is the perfect fit for our clients and team.”
Last month, Xeinadin announced the acquisition of Landmark Accountants, expanding its presence in Watford and taking its total number of acquisitions to over 30 in the past two years.
As part of Xeinadin, Landmark will continue to service small-to-medium sized enterprises in Watford and the surrounding areas.
