Today: December 18, 2018, 2:45 pm
  
Business

Equiom Acquires Xen Accounting

PR-Inside.com: 2018-12-07 15:12:12
Global professional services firm joins forces with Canadian virtual accountants


DOUGLAS, ISLE OF MAN / ACCESSWIRE / December 7, 2018 /International professional services provider Equiom is pleased to announce that it has acquired Canadian cloud accounting firm, Xen Accounting, marking its first Canadian deal and entry into the cloud services arena.


Sheila Dean, Global CEO, Equiom


Established 40 years ago, Equiom is a leading international professional services provider with a strong presence across Europe, Asia, the Middle East and Americas. Its focus is on supporting international corporations and high-net-worth individuals around the world with their wealth planning and related service needs. Xen Accounting was founded in 2013 and offers cloud-based accounting, payroll, tax compliance and virtual CFO services, specializing in Xero and its related cloud-accounting ecosystem. Xen Accounting is one of only four Xero platinum partners in Canada. This enables clients to tap into a team of professional accountants across the country and benefit from an automated accounting process facilitated by Xero cloud-accounting software.


Ryan Lazanis, CEO, Xen Accounting


Equiom's Global CEO Sheila Dean commented: 'This is a very exciting acquisition for Equiom. Having recently begun servicing private clients through South Dakota, it gives us a much broader capacity to support clients in North America. Furthermore, the addition of Xen Accounting will give a unique boost to our already strong payroll, accounting and tax service offering. Advancing technology has already enabled us to have a better conversation with our clients, engaging more often and actively. Equiom will leverage Xen's experience with a view to adopting their model of next generation accounting solutions. This will ultimately allow us to focus on adding value through timely reporting, analytics and forecasting, rounding out a proficient virtual service. A big thank you to the acquisition team for making this a reality and to Gowling WLG for their support.'


CEO of Xen Accounting, Ryan Lazanis added: 'Businesses in the digital age need modern accountants that not only understand accounting and tax, but technology as well. Since 2013, we have prided ourselves on setting the trend with regard to offering our customers a truly easy, automated and pain-free accounting experience by pairing up professional accountants with the latest cloud accounting apps, all for a fixed monthly price. As we have grown, so have our clients and it's now important to shift things up a gear to take our cloud accounting services to a global stage by becoming part of Equiom, a firm that truly gets our model and what we are setting out to achieve. By being able to leverage Equiom's global footprint and expertise across a wide range of sectors and regions, we will be able to support our valued clients with an enhanced service throughout their growth. I fully expect that this is just the beginning of some exciting things to come.'


Following integration with Equiom, Xen Accounting's team, who are based throughout Canada, will continue providing accounting services remotely to its clients.


For more information visit www.equiomgroup.com , www.xenaccounting.com


About Equiom


Equiom is fast becoming the stand-out business in the professional services sector, with a strong presence spanning 15 jurisdictions in Europe, Asia, the Middle East and The Americas. It provides a range of innovative and effective business partnering solutions.


Equiom's experienced and highly qualified teams support corporations and high-net-worth individuals around the world with their fiduciary and related support-service needs.


Equiom is an independent company focused on strategic thinking and quick responses to clients' requirements. It is a thriving business, continually seeking to develop its product range, in order to provide both existing and potential clients with an unrivalled range of options and opportunities.


Equiom (Guernsey) Limited and Equiom Trust (Guernsey) Limited are licensed by the Guernsey Financial Services Commission. Equiom (Isle of Man) Limited is licensed by the Isle of Man Financial Services Authority. Equiom (Jersey) Limited is regulated by the Jersey Financial Services Commission. Equiom (Luxembourg) S.A is supervised by the Commission de Surveillance du Secteur Financier (CSSF), the supervisory authority of the Luxembourg financial sector. Equiom (Malta) Limited is authorised to act as a trustee and fiduciary services provider by the Malta Financial Services Authority. Equiom Trust Services Pte. Ltd. is licensed by The Monetary Authority of Singapore. Equiom Trust Services (BVI) Limited is regulated by the British Virgin Islands Financial Services Commission. Equiom S.A.M. is authorised to act as a trustee and fiduciary services provider by the Ministry of Finance in Monaco. Equiom Trust (South Dakota), LLC (ETSD) is licensed in Guernsey by the Guernsey Financial Services Commission and in South Dakota by the South Dakota Division of Banking.


About Xen Accounting


Xen Accounting is a fully virtual, 100% cloud-based, 100% paperless professional accounting firm which offers online accounting services to business across Canada in a virtual and paperless environment. Xen Accounting's goal is to provide its clients with an easy, automated and pain-free accounting service By combining professional accountants, technologists, state of the art cloud accounting software and a modern mindset, Xen Accounting helps to automate and modernise the accounting process for them and their clients.


For more information visit www.xenaccounting.com


CONTACT:


Laura Bryan

Corporate Communications Team

laurabryan@equiomgroup.com

+44 (0) 1624 699118


SOURCE: Equiom

Press Information


Published by
Fred Gautreau
14037173898
e-mail
www.fscwire.com



# 855 Words
Related Articles
More From The Author
Ximen Mining Corp. Announces Investor Relations Contract [..]
VANCOUVER, BC / ACCESSWIRE / December 7, 2018 / Ximen Mining Corp. (TSX-V: XIM; OTCQB: XXMMF; FRA: 1XMA) (the "Company" [..]
Enertopia Announces Drilling Rig Mobilized to Project
KELOWNA, BC / ACCESSWIRE / December 7, 2018 / Enertopia Corporation (ENRT) on the OTCQB and (TOP) on the CSE [..]
LithiumOre Building World Class Team to Take [..]
INCLINE VILLAGE, NV / ACCESSWIRE / December 7, 2018 / LithiumOre ( During the interview CEO Doug Cole discusses the [..]
MorphoSys Announces that According to a Presentation [..]
MorphoSys Announces that According to a Presentation Title at an Upcoming Conference, Guselkumab Demonstrates Superior Long-Term Responses [..]
Rambler Metals & Mining PLC Announces Convertible [..]
LONDON, ENGLAND - NEWFOUNDLAND AND LABRADOR, CANADA / ACCESSWIRE / December 7, 2018 /Rambler Metals and Mining plc (TSXV: RAB, [..]
 
More From Business
PeopleStreme Transforms Its Financial Visibility and Accelerates [..]
PeopleStreme utilizes FinancialForce for the effective and efficient deployment of its finance teamMELBOURNE, Australia, Dec. [..]
Brunswick Corporation names Brenna Priesser, President – [..]
Adds new duties to Chief Human Resources Officer responsibilities  Mettawa, Dec. 18, 2018 (GLOBE NEWSWIRE) -- – Brunswick Corporation [..]
ProMIS Neurosciences to Present at Sachs Associates [..]
ProMIS to showcase its Alzheimer’s, Parkinson’s and ALS programs at notable biotech investor eventsTORONTO and CAMBRIDGE, Mass., [..]
Expensya raises 4M € from ISAI and [..]
Expensya, the company that develops and supplies an expense management software, announces its new fundraising of € 4 million [..]
Honkarakenne to deliver holiday villas for Vierumäki
Honkarakenne to deliver holiday villas for Vierumäki PRESS RELEASE 18.12 2018 KLO 13.00 Honkarakenne will start cooperation with [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.