Xeinadin Expands Corporate Recovery Team with Blackpool Acquisition
National accountancy group Xeinadin has acquired Campbell Crossley & Davis (CC&D), a Blackpool-based insolvency practice that has been operating since 1994. The acquisition will see CC&D's entire team, including founder Ian Williamson and partners Chris Brindle and Francesca Vivace, join Xeinadin's existing Corporate Recovery division.
Strategic Move Amid High Insolvency Levels
Xeinadin CEO Derry Crowley emphasized that this acquisition represents a deliberate investment in strengthening the group's corporate recovery capabilities at a time when insolvency levels remain elevated and businesses continue to grapple with rising operational costs. "Corporate recovery is a critical part of the advice SMEs need in the current climate," Crowley stated. "Bringing Campbell Crossley & Davis into Xeinadin ensures we can support business owners through every stage of the cycle across the UK and Ireland."
Specialized Expertise in Owner-Managed Businesses
Campbell Crossley & Davis has built a strong reputation specializing in owner-managed businesses, providing expertise in:
- Business restructuring
- Formal insolvency procedures
- Financial resolution strategies
The practice operates throughout the North West region from its Blackpool base.
Enhanced National Presence with Local Focus
Alan Fallows, head of corporate recovery at Xeinadin, explained how this acquisition strengthens both regional and national operations. "This acquisition strengthens our presence in the North West while reinforcing the way we operate nationally because our Corporate Recovery work is delivered as one coordinated team across offices," Fallows said. "Having deeper technical resources across locations ensures we can respond quickly while maintaining a local, relationship-led service."
Founder's Perspective on Market Evolution
Ian Williamson, partner and founder of Campbell Crossley & Davis, reflected on how the insolvency market has transformed since the practice's establishment in 1994. "Many directors today are facing sustained pressure, and too often they come for advice later than they should," Williamson observed. "What hasn't changed is the need for clear, honest advice."
Williamson highlighted the benefits of joining Xeinadin, noting that the move allows CC&D to "retain our local focus in Blackpool, operating as usual, while benefiting from wider infrastructure, technical support and access to a broader client base." He added that integration with Xeinadin will enable closer collaboration with colleagues across tax, restructuring and advisory services, helping clients understand their options at earlier stages.
Xeinadin's Growth Trajectory
Xeinadin was founded in 2019 through the merger of dozens of accountancy practices across the United Kingdom. In July 2022, the group secured significant minority investment from private equity firm Exponent. The company now generates approximately £250 million in annual turnover and maintains corporate offices in Manchester and Dublin alongside its London headquarters.
This acquisition represents Xeinadin's continued expansion strategy, particularly in strengthening its corporate recovery services during a period of economic uncertainty affecting many small and medium-sized enterprises across the UK and Ireland.
