Xeinadin Acquires Silver Levene

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.

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.

Hg Leads Growth Investment in Silverfin to Accelerate International Expansion

June 9, 2020

Cloud & SaaS

Hg has led a minority growth investment in Silverfin to support the Belgian cloud accounting platform's international expansion and product development. The funding (from Hg's Mercury 2 Fund) will help Silverfin scale its cloud-based financial data hub and analytics capabilities; terms were not disclosed.

Perwyn Acquires KeoBiz

April 1, 2020

Accounting & Tax

Perwyn has acquired KeoBiz, a French digitally-led accountancy business founded in 2012 by Jonathan Lellouche that serves micro and smaller SMEs across France. Perwyn said it will partner with management to transition the owner-managed business and drive accelerated growth and scale of KeoBiz's differentiated, scalable accounting proposition.

Accenture Acquires Zafin's Professional Services Assets

December 12, 2019

Software

Accenture has agreed to acquire select employees and professional services assets from Zafin and will become a preferred integrator for Zafin's financial services software platform under a strategic alliance. The deal, intended to strengthen Accenture's integration and development capabilities for financial services clients while allowing Zafin to focus on product innovation, is expected to close in Q1 2019; terms were not disclosed.