Case Study 37: Xeinadin, Sumer and the Hidden Assumption Behind Accounting Roll-Ups

For years, accounting looked almost perfectly designed for private-equity consolidation. Thousands of fragmented firms operated across local markets with sticky SME client relationships, recurring revenues, and comparatively resilient demand even during economic downturns. Businesses still needed payroll, bookkeeping, tax filings, accounts preparation, and compliance support regardless of whether…