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Accountancy firm Xeinadin has acquired Accountancy Cloud, a London-based practice specialising in financial services for high-growth startups and venture-backed businesses across the UK.
The 25-person team from Accountancy Cloud is currently relocating to the West End office of Xeinadin. Co-founders Wes Rashid and Asima Hafesji will remain in leadership roles following the deal.
Founded in 2014, Accountancy Cloud provides subscription-based finance services, research and development tax credits, and forecasting for businesses ranging from pre-seed to Series B. The practice has supported tech ventures in raising more than £500m.
The firm operates from Moorgate with additional teams in Cardiff and India. Its client base includes companies in the fintech, healthtech, and climate tech sectors located in hubs such as Manchester, Bristol, and Birmingham.
Under the new ownership, the team will continue to serve its existing clients while gaining access to Xeinadin’s audit, corporate finance, and exit planning resources.
Rashid said: “Our clients were scaling faster and needed broader support without losing the founder-first approach that defines us. Joining Xeinadin gives us that firepower. The most important factor for us was the cultural fit: a partner that values entrepreneurship, long-term relationships and practical advice. This move lets us keep what makes Accountancy Cloud special while helping our clients access more of what they need as they grow.”
Chief executive Derry Crowley added: “Accountancy Cloud brings a deep understanding of the startup space and the pressure behind every decision founders face. By joining forces, we can help more founders find the clarity in their convictions, expert advice and specialist support they need to scale up their business. It’s a move that strengthens our ability to serve fast-growing businesses with practical insight, at every stage of their journey.”
