Finance

Xeinadin acquires McKeogh Gallagher Ryan as financial services consolidation ramps up

The London-based financial services group has made 17 investments in the Irish market over the last number of years

Pictured from left to right are Eoin Ryan, Partner MGR, William Lomasney, Partner MGR, Mary McKeogh, Partner MGR, Derry Crowley, chief executive of Xeinadin, and Eoin Gallagher, Partner MGR. Photo: Michael McLaughlin

The consolidation of the mid-tier financial services sector in Ireland continues to gain pace as Xeinadin Group, a London-based financial services and advisory business, announced on Tuesday it has acquired McKeogh Gallagher Ryan, a specialist provider of audit, tax and advisory services.

While no financial details of the deal have been disclosed, this is Xeinadin Group’s second acquisition in Ireland in the space of a few months after it bought Quintas, a Cork city-based accountancy and wealth management firm, back in September.