Parasol picks up Quay Accounting as it hits acquisition trail

Kashflow logo
Share this content

Employment services provider Parasol has acquired the specialist accountancy practice Quay Accounting. Quay Accounting has a reported 1.5 million turnover and 50 staff, with offices in Poole, Aberdeen, and Wilmslow.

Rob Crossland, Parasol Groups managing director and co-founder, confirmed the purchase was the first of a series of planned strategic acquisitions and that he intended to develop Quay into a 400-million turnover business.

Parasol provides payroll, tax, national insurance and other services to 14,000 freelance white-collar specialists in sectors such as IT, telecoms, engineering, oil and gas and nuclear, as well as teachers.

Adding complementary services, with the aim of building a portfolio of companies, will enable us to look after every aspect of a contractor's career, from sta...

Please Login or Register to read the full article

The full article is available to registered members only. To read the rest of this article you’ll need to login or register. Registration is FREE and allows you to view all content, ask questions, comment and much more.


Please login or register to join the discussion.

There are currently no replies, be the first to post a reply.