Xeinadin Acquires Silver Levene

Exponent Makes Minority Investment in Xeinadin Group

February 10, 2022

Accounting & Tax

Exponent Private Equity has agreed a strategic partnership and significant minority investment in Xeinadin Group Limited to support the accountancy group’s growth plans. Xeinadin — a consolidated group of around 100 accountancy and business advisory practices across the UK and Ireland with more than 1,500 employees and annual revenues in excess of £100 million — will use the capital to grow organically and via acquisitions and to invest in data-driven technologies.

Xeinadin Acquires Raffingers

March 20, 2025

Accounting & Tax

Xeinadin has acquired Raffingers, a London-based accounting firm, in a deal that adds about 70 team members to Xeinadin’s UK & Ireland professional services network. Financial terms were not disclosed; the acquisition expands Xeinadin’s small-business advisory capabilities and brings Raffingers’ expertise across recruitment, charity, property and construction sectors into Xeinadin’s nationwide offering.

Visma Acquires Silverfin

September 25, 2023

Cloud & SaaS

Norwegian software group Visma has acquired Silverfin, a Ghent-based cloud accounting software provider, to strengthen its position in cloud accounting across Europe and expand its presence in the Belgian market. Silverfin — founded in 2013 with ~170 employees and ~850 direct customers — will continue to scale its cloud-native post-accounting platform within Visma, leveraging its AI capabilities and international customer base.

Cinven to Acquire Finaxy Group from Ardian

September 3, 2024

Financial Services

Private equity firm Cinven has entered exclusive negotiations to acquire the Finaxy group from Ardian, with Finaxy management (led by Founder & CEO Erick Berville) set to significantly reinvest alongside Cinven. Headquartered in Paris, Finaxy is a multi-specialist French insurance broker with over 330 employees and more than €700 million in premiums; Cinven will invest from its Strategic Financials Fund and aims to accelerate Finaxy's buy-and-build growth across France and internationally.

Endava Acquires Technology Consulting Firm Levvel LLC

April 1, 2021

IT Services

London-based Endava has acquired U.S.-based technology strategy, consulting, and engineering firm Levvel LLC. The deal expands Endava's presence in the United States and deepens its capabilities and client exposure in payments, financial services, TMT, and logistics/mobility sectors.

Mphasis Acquires Silverline, a Salesforce Partner

October 12, 2023

IT Services

Mphasis, the India-headquartered IT services firm, has acquired Silverline, a New York–based digital transformation consultancy and Salesforce partner, to strengthen its Salesforce and CX capabilities. Silverline, which has over 400 specialists and expertise across financial services, retail, healthcare, life sciences and media & entertainment, was previously backed by Pamlico Capital.