Xeinadin has added Crossley & Davis to its national business services network to expand its professional capabilities across the U.S. [1].
The move integrates a specialist firm into Xeinadin's infrastructure, allowing the group to bolster its corporate recovery and insolvency arms while increasing its footprint in the North West and London [2, 3].
Crossley & Davis operates from the Fylde Coast and Blackpool [2]. The firm provides a combination of chartered accountancy and insolvency services to a diverse client base [2, 3]. By incorporating the firm, Xeinadin gains additional support and resources to handle complex corporate recovery cases [2, 3].
Reports on the nature of the transaction vary. Some sources said the move was Xeinadin adding the firm to its network [1], while others said the deal was an acquisition of Campbell Crossley & Davis [3].
There are also differing accounts regarding the history of the firm. One report said Crossley & Davis was established in 1982 [2]. Another source said Campbell Crossley & Davis was founded in 1994 [3] and has been operating for over 30 years [3].
Xeinadin continues to grow its network by absorbing regional practices that offer specialized financial expertise. This strategy allows the larger group to offer a wider array of services, ranging from standard accounting to high-stakes corporate restructuring, under a unified national umbrella [1, 3].
“Xeinadin has added Crossley & Davis to its national business services network”
The integration of Crossley & Davis reflects a broader trend of consolidation within the UK accountancy and insolvency sectors. By absorbing regional specialists, Xeinadin is positioning itself to capture a larger share of the corporate recovery market, which often sees increased demand during periods of economic volatility.
