Xeinadin restructures the financing capacity of companies

The Xeinadin Group has restructured its corporate finance capabilities across the group’s footprint of over 100 locations in the UK and Ireland, to create a dedicated division to support the company’s broader growth strategy. ‘company.

Xeinadin Corporate Finance, jointly led by Steven Lindsay and Paul Whitney, will bring together corporate finance experts from the UK and Ireland, to support the UK M&A market.

The move is the group’s first announcement of strategic changes following its “significant” minority investment of Exponent earlier this year, which allowed Xeinadin to focus on its growth strategy and the development of “key” practice areas. “.

The company’s Corporate Finance team advised on three transactions that have recently closed. Most recently, the team advised vendors on the acquisition of IT Telemarketing Services (ITTS) by Agent3.

Earlier this month, the team also advised EcoSpeed, a Manchester-based same-day courier company, as it was acquired by retail company CitySprint, part of DPDgroup.

In addition, the team also advised sellers on the acquisition by Thornely Groves, a rental and sales agency of long-time independent agency Julian Wadden and Company.

Derry Crowley, CEO of Xeinadin Group, said: “We have developed a strong reputation for corporate finance across the group over the past few years and now is a good time to restructure and further invest in our offer in order to allow it to grow and provide exceptional services. advice to our clientele of owner-managed businesses.

Steven Lindsay, Co-Head of Corporate Finance, added: “This restructuring will allow us to further strengthen our corporate finance capabilities. We are uniquely positioned to help business owners and managers consider their options for exit, financing, acquisitions and management or employee buyouts. »

Xeinadin was formed by merging the offices in 2019 and is now structured into 14 regional centers, and it recorded annual revenues of over £100m in its last financial year.

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