Specialist corporate recovery firm Poppleton & Appleby Northern, based in Manchester and Huddersfield, has been acquired by Xeinadin Group Limited.
Poppleton & Appleby Northern is one of the oldest and most highly regarded brands in the sector and has offices in Manchester and Huddersfield. With a team of nine specialists across its two offices, the firm has decades of experience in insolvency and recovery, providing professional advice to businesses, individuals, their advisors and funders to help them manage financially related problems and to future-proof their business.
Xeinadin is a group of business advisory and accountancy practices in over 100 locations across the UK and Ireland that provides over 40 service lines to over 50,000 clients, predominantly small and medium sized businesses and their owner-managers.
Xeinadin is a fast-growing, acquisitive Group which has already made a number of acquisitions this financial year, as one of the professional services market’s leading disrupters. The significant growth of the Group follows a significant minority investment from private equity firm Exponent earlier this year.
Xeinadin Group CEO Derry Crowley said: “We are looking forward to having the Poppleton & Appleby team on board. They have an outstanding reputation for their work and will be a valuable asset to our growing corporate recovery team. We are seeing strong demand for our business recovery work which we expect to continue, so additional strength in this area is very welcome.”
Allan Cadman of P&A said: “Being part of the Group will greatly enhance our offering to existing clients and contacts, increasing the strength and depth of our operation. We will also be able to support the existing corporate recovery team at Xeinadin, providing additional expertise and bandwidth to a growing sector of the business.”
