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May 07, 2024
Xeinadin Group acquires Reading accountancy firm
A Reading-headquartered accountancy firm established in 1998 has been bought by Xeinadin Group as part of its acquisitive expansion plans. WoodWhite Accountants was founded by Paul Worthington with a
A Reading-headquartered accountancy firm established in 1998 has been bought by Xeinadin Group as part of its acquisitive expansion plans.
WoodWhite Accountants was founded by Paul Worthington with a senior management team including chief operating officer Emma Newnham, business development director Chris Paterson and director of client services Keith Westran.
The full-service firm is focused on helping companies and their owner-managers "achieve their business and personal goals", providing tailored accountancy and tax expertise to clients.
The acquisition is the fourth made by the Xeinadin Group this year, having already bought Kenneth Easby, ClearVision and Poppleton and Appleby.
Tom Lightowler, board director at Xeinadin Group, said: "Digital transformation is creating a lot of activity within the accountancy services market. A lot of businesses are coming to Xeinadin to help them on this journey as they recognise it is well placed to lead this transformation."
Derry Crowley, chief executive of Xeinadin Group, added: "We are pleased to have WoodWhite Accountants under the Xeinadin Group, marking another step in our ongoing growth.
"The firm is aligned with our ethos, is well-matched in terms of the clients it serves, and provides the quality of service which we expect across our group. We're looking forward to working with Emma, Chris, Keith and the team."
Newnham said: "We are really excited to be joining the Xeinadin Group and to be part of a network of advisors that focus on building relationships and helping business owners, to not just achieve business goals, but also personal goals.
"This philosophy mirrors what we have been striving to achieve at WoodWhite.
"Being part of the Xeinadin Group will extend the portfolio of services we can offer our clients and also extend the opportunities we can offer our team. We are all looking forward to the next chapter of our journey."
Xeinadin has more than 130 locations across the UK and Ireland, and provides more than 40 service lines to more than 50,000 clients, predominantly small and medium-sized businesses and their owner-managers.