A planned sale of UK accountancy firm Xeinadin has been shelved after Exponent failed to secure bids meeting its £1bn-plus valuation expectations, according to a report by the Financial Times. The UK buyout firm backed the business four years ago, and had appointed Evercore to run an auction last summer.
Xeinadin was formed in 2019 through the consolidation of more than 100 accounting firms and has continued to grow through acquisitions. It now operates more than 130 offices across the UK and Ir...
Continue Reading
Sign up for FREE to read the full article and access 133K+ alternative investment headlines.
Alternative Investment News