Bussiness
Quintas rebrands to Xeinadin, €40m investment planned
Irish accountancy company Quintas has said it is rebranding as Xeinadin in Ireland.
The move comes after the Cork-headquartered firm joined Xeinadin last September.
Xeinadin said it plans to invest €40 million into Ireland over the next 18 months, as it expands its footprint here with a core focus on taxation and business advisory services and audit for SMEs across Ireland.
Eight other Irish firms – BCC, Crowley McCarthy, Tynan Dillon, O’Mahony Donnelly, Cregans, Colleran, O’Brien Neenan and Liam Burns – have also today rebranded to Xeinadin, bringing the total Irish workforce to over 500.
Headquartered in London and with a flagship office in Dublin, Xeinadin has over 135 offices and more than 2,000 employees across Ireland and the UK.
One of the largest acquisitions to date by Xeinadin, Quintas was established in 2005 and currently has a team of 70, with plans to expand in line with their expected growth.
“Today we are celebrating the latest exciting step in our growth in Ireland, with all our Irish firms rebranding under one unified name – Xeinadin,” said CEO of Xeinadin Derry Crowley.
“As one of the fastest growing advisory firms in Ireland and the UK, this will bring huge opportunities for both the firms rebranding and all our clients across the SME sector,” he added.
Commenting on today’s news, Minister for Finance Michael McGrath said he is a strong believer in the power of collaboration.
“I am looking forward to what the combined power of these firms can achieve,” he said.
“SMEs in Ireland are the backbone of the Irish economy, and benefit from using partners that truly understand the realities of growing a business from the ground up,” he added.
Quintas Managing Partner Paul O’Connell will take on the title of Head of Strategy and Acquisitions at Xeinadin in Ireland.
“Over the past six months, we have been integrating with Xeinadin and are now well-positioned to protect and grow the business of our clients by leveraging our combined resources and expertise,” he said.