Xeinadin has acquired Campbell Crossley & Davis (CC&D), an insolvency specialist founded in 1994, to expand its corporate recovery operations in the UK.
CC&D was established over 30 years ago by Ian Williamson and has been working with small and medium-sized enterprises (SMEs) through shifting economic conditions.
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The Blackpool-based practice serves clients across Greater Manchester, Lancashire and Cumbria, with a focus on owner-managed businesses dealing with financial pressure.
Its work covers business restructuring, formal insolvency procedures and resolving financial difficulties for companies in the region.
As part of the transaction, CC&D’s partners – founder Ian Williamson along with partners Chris Brindle and Francesca Vivace – are joining Xeinadin’s corporate recovery team.
Under the agreement, Brindle and Vivace will remain in post as partners, and the existing CC&D team will continue to operate from Blackpool.
Xeinadin said the enlarged corporate recovery practice will focus on early engagement with struggling SMEs, providing restructuring advice and handling formal insolvency processes to help firms review their options before their financial position worsens.
Xeinadin CEO Derry Crowley said: “Corporate Recovery is a critical part of the advice SMEs need in the current climate.
“Bringing Campbell Crossley & Davis into Xeinadin represents a deliberate investment in strengthening that specialist capability, ensuring we can support business owners through every stage of the cycle across the UK and Ireland.”
The firm added that the integration of CC&D comes at a time when insolvency levels remain high compared with pre-pandemic period.
Williamson said: “Joining Xeinadin allows us to retain our local focus in Blackpool, operating as usual, while benefiting from wider infrastructure, technical support and access to a broader client base.
“It also enables us to work more closely with colleagues across tax, restructuring and advisory, ensuring clients understand their options at an earlier stage.”
Earlier this month, Xeinadin acquired UK-based accountancy and business advisory practice Gregory Priestley & Stewart (GP&S).
