Xeinadin, a provider of accountancy services and business advice, has acquired UK-based accountancy and business advisory practice Gregory Priestley & Stewart (GP&S).

GP&S offers a broad range of professional services including audit, company secretarial support, corporate finance, general business consultancy, payroll, tax compliance and planning, and VAT.

It also works with clients in a variety of specialist fields such as construction, audiology, property and education, as well as businesses with international or cross-border ownership arrangements.

GP&S partner Peter Stewart said: “We have built GP&S on long-standing client relationships, many of our clients have worked with us for decades, and a shared sense of responsibility across our team.

“In joining Xeinadin, we are gaining access to additional resources, expertise and support we need to take the business forward, without losing what makes us who we are.

“It is already making a difference, and our clients and team will only benefit further as part of the wider team.”

Under the deal, GP&S clients will gain access to Xeinadin’s wider network of specialist advisory services.

Xeinadin CEO Derry Crowley said: “GP&S is exactly the kind of practice we want to bring into Xeinadin. Respected locally, rooted in relationships, and actively advising clients on how to grow and adapt.

“Their strong presence in the Midlands and cross-sector experience strengthens our presence in the region and our ability to support SMEs [small and medium-sized enterprises] across the UK with advice that is both expert and personal.”

Earlier this month, Xeinadin announced two senior hires at its Sittingbourne office in Kent.

The company has brought in Simon Laurie as director. He will work with SMEs to bolster their financial foundations. Additionally, Laurie will work to support the practice’s regional growth plans.