UK-based accounting and business advisory group Xeinadin has expanded its regional coverage in the North East of England and North Yorkshire through the acquisition of Wasley Chapman.
Founded in 1918, Wasley Chapman has a long-standing customer base of owner-managed businesses, agricultural businesses and local employers.
The practice operates from four offices on the Yorkshire coast and on Teesside, located in Whitby, Scarborough, Stokesley and Middlesbrough.
Phil Cuthbert, partner at Wasley Chapman, said: “Our practice has a proud history, but we have to think about the future and the world is moving faster than ever.
“The demands on companies, particularly regarding taxes, succession and regulation, are increasingly complex.
“This move is intended to ensure that we can continue to advise businesses for the next generation. By joining Xeinadin, we gain access to additional tax specialists and technical expertise.”
Under the acquisition, Wasley Chapman will be integrated into Xeinadin’s shared operating structure, including aligned systems, governance frameworks and technical resources.
Its staff will continue to work from existing offices, with access to centralized infrastructure and coordinated specialist support in tax, audit and advisory services.
Xeinadin chief executive Derry Crowley said: “Wasley Chapman has been advising Yorkshire businesses for over 100 years and by joining Xeinadin strengthens our presence along the North Yorkshire coast and reinforces our commitment to supporting owner-managed businesses in the region.
“With the addition of Wasley Chapman to the practice, we provide local businesses with access to greater technical depth while preserving the relationships they rely on.”
Last month, Xeinadin expanded its network in London by purchasing three accounting practices.
“Xeinadin Expands Northeast Presence with Acquisition of Wasley Chapman” was created and originally published by International Accounting Bulletin, a brand owned by GlobalData.
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