UK-based accountancy and business advisory group Xeinadin has expanded its regional coverage in the North East of England and North Yorkshire through the acquisition of Wasley Chapman.
Founded in 1918, Wasley Chapman has a long-standing client base of owner-managed companies, agricultural businesses and local employers.
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The practice operates from four offices on the Yorkshire coast and in Teesside, located in Whitby, Scarborough, Stokesley and Middlesbrough.
Wasley Chapman partner Phil Cuthbert said: “Our practice has a proud history, but we have to think about the future and the world is fast moving now more than ever.
“The demands on businesses, particularly around taxation, succession and regulation, are becoming increasingly more complex.
“This move is about making sure we can keep advising businesses for the next generation. By joining Xeinadin, we gain access to additional tax specialists and technical expertise.”
Under the acquisition, Wasley Chapman will be integrated into Xeinadin’s shared operating structure including aligned systems, governance frameworks and technical resources.
Its staff will continue to work from the existing offices, with access to centralised infrastructure and coordinated specialist support across tax, audit and advisory services.
Xeinadin CEO Derry Crowley said: “Wasley Chapman has been advising Yorkshire businesses for over 100 years and by joining Xeinadin, it strengthens our presence along the North Yorkshire coast and reinforces our commitment to supporting owner-managed businesses in the region.
“With Wasley Chapman joining the practice, we give local businesses access to broader technical depth while preserving the relationships they rely on.”
Last month, Xeinadin expanded its London network through the purchase of three accountancy practices.
