But he pulled off one of the boldest moves in UK accounting history.
And now, the company he founded is eyeing a £800 million private equity deal.
In 2019, FEISAL brought together "122 independent accounting firms" across the UK and Ireland
.....And merged them in a SINGLE DAY!
One day.
One merger.
One new giant: Xeinadin Group - Top 20 Accounting firm in the UK!
And it didn’t stop there.
In 2022, Exponent PE came knocking with a £300M valuation.
They went on an acquisition spree!
Today?
130+ offices
80,000+ SME clients
2,000 professionals
£100M+ revenue
£60M+ EBITDA
Now, just three years later, Xeinadin is preparing for a deal worth £800 million+.
All of this — is led by a founder who is a "non-accountant" - all he had was a vision to disrupt it.
Xeinadin isn’t an outlier. It’s part of a much bigger trend.
Across the UK, the US and now India too - private equity (family offices) are actively courting accounting firms.
The future of accounting? It may not come from accountants.
Read the full breakdown
accountingandaccountants charteredaccountants cafirms privateequity PE thefinancestory The Finance Story
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