Cork-headquartered Xeinadin acquires KBG Accountants as €40m investment strategy continues
Xeinadin has acquired Irish accountancy firm KBG Accountants in what is the professional services firm's largest acquisition in Ireland to date.
KBG was founded more than 30 years ago and employs more than 80 people at six offices in Cavan, Longford, and Leitrim, providing accounting, audit, tax, and advisory services to businesses and individuals. KBG itself had made significant acquisitions in recent years, with McIntyre and Co in Cavan joining in 2022 and most recently Healy Martin based in Leitrim joining KBG in 2024.
In June last year, Xeinadin announced plans to invest €40m in Ireland over an 18-month period and this move reinforces those plans. KBG is the second firm to join Xeinadin in 2025 with Dublin based Warren & Partners joining in March this year.
'KBG is a highly respected firm nationally with a strong track record of client service, deep local roots, and a progressive mindset. We wanted to grow our presence in the midlands and KBG were a perfect fit - their experienced team and client-centric ethos closely aligns with our values at Xeinadin and we are delighted to have them as part of our team of experts," said Xeinadin chief executive Derry Crowley.
'This partnership marks another step in our strategic growth in Ireland as we continue to build a network of high-quality firms that provide expert, local advice supported by national and international expertise.'
In a joint statement, Senior Partners at KBG Paddy Keavney, Ciaran Brady and Mark Reilly said joining Xeinadin will give the company access to broader expertise and deeper capabilities Xeinadin provides across Ireland and the UK.
'The world of business advisory is changing rapidly and having access to the tools, technologies, and resources of the wider Xeinadin organisation will allow us to serve our clients more effectively.'
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