Xeinadin acquires KBSP to expand capital presence
Xeinadin has acquired KBSP, a long-established accountancy practice based in Swiss Cottage, North London.
The deal is the latest in a series of acquisitions by Xeinadin, one of the UK’s top 20 professional services firms, as it seeks to expand its presence across the capital.
Founded in the 1960s, KBSP provides audit, tax, accounts and consultancy services to a mix of local SMEs and national clients.
The firm will retain its staff and premises following the deal and continue operating under its existing leadership.
According to both firms, the acquisition is designed to preserve KBSP’s existing client relationships while expanding the support available to them through access to Xeinadin’s national network of specialists.
These include services in R&D tax credits, audit assurance, IT systems, and advisory work.
Derry Crowley, CEO at Xeinadin, said:
“KBSP’s longstanding reputation, strong client relationships and local insight make them an ideal fit for Xeinadin. Their focus on SMEs, commitment to client education, and adaptable service model reflect exactly the kind of firm we want to support and grow with.”
David Myerson, Partner at KBSP, said the decision to join Xeinadin was driven by the need to expand technical expertise while maintaining continuity for clients.
“Our clients aren’t looking for a revolving door of advisors. They want to speak to someone who knows their name, their business, and their challenges. That’s what we’ve always offered, and it’s what we’ll keep offering – now with the extra tools and expertise that Xeinadin brings.”
Partner Anthony Cowan added:
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“Joining Xeinadin allows us to keep that [personal approach] front and centre while unlocking access to specialist tax, R&D and VAT support that would otherwise be out of reach for a firm of our size.”
Xeinadin has made a series of acquisitions over the past two years and now comprises over 100 firms across the UK and Ireland.
The group has signalled further growth plans as mid-tier firms continue to consolidate amid rising compliance demands and digital transformation pressures.
