Xeinadin acquires Raffingers in largest deal to date

Xeinadin has acquired London-based accounting firm Raffingers in its biggest deal yet, adding 70 professionals to its network.

The move comes as Xeinadin continues expanding its presence in the small business advisory market, following recent acquisitions of Landmark Accountants and CB Reid.

Raffingers, a top 100 UK accounting firm, has established itself in the SME advisory space, with expertise in recruitment, charity, property, and construction.

The firm also provides corporate finance services and advises on COP8 and COP9 HMRC investigations, non-residency tax issues, and Employee Ownership Trusts (EOTs).

Xeinadin’s acquisition aligns with a broader trend of consolidation in the UK accountancy sector, as firms seek to strengthen service offerings and scale operations amid economic uncertainty.

Raffingers will now operate within Xeinadin’s wider network, giving clients access to additional resources and advisory services.

Lee Manning, partner at Raffingers, said the deal provides new growth opportunities for the firm’s team and clients.

“The decision to join Xeinadin reflects shared values and a commitment to hands-on, partner-led client support,” he said.

Xeinadin CEO Derry Crowley pointed to the deal as a strategic move to enhance SME advisory services.

“With businesses facing economic challenges, access to expert financial guidance is more critical than ever,” he said. “Raffingers strengthens our ability to support SMEs with a comprehensive range of advisory services.”

The acquisition comes as mid-sized accounting firms look to bolster their market position in response to growing competition from larger networks and technology-driven firms.

With the integration of Raffingers, Xeinadin expands its footprint in London and Essex, reinforcing its position in the evolving professional services landscape.