Business services firm expands with acquisition

Business services firm expands with acquisition

Business services firm expands with acquisition

IT and business enterprise solutions corporation Parseq has expanded with an acquisition that increases its headcount to a lot more than 520 team throughout 12 workplaces.

The TALL Group – a provider of secure print and payment expert services – will transfer throughout to Parseq in its entirety, like TALL Security Print, Checkprint and DLRT, which blend to sort the TALL Group of Providers.

It operates from 3 websites in Runcorn, Hinckley and Lisburn, Northern Ireland, and counts major Uk financial institutions and blue-chip businesses between its customers. These will be incorporated into Parseq’s present world consumer foundation, which features telecoms operators, utility companies and FTSE 100 economical providers corporations.

The acquisition establishes Parseq as one of the premier impartial vendors of specialist document and payment processing expert services in the Uk, and will increase its headcount to additional than 520 personnel centered in 12 offices across the Uk, Bulgaria and India.

The TALL Group’s secure document and payment processing solutions will be included into Parseq’s established units, allowing clients to advantage from the operational synergies and economies of scale provided by the integration.

The TALL Group’s handling director Martin Ruda will work with Parseq main government Craig Naylor-Smith to support established a strategy for the merged enterprise.

Craig Naylor-Smith reported: “This is an critical milestone for our business. Bringing the TALL Team into the fold will give us the featuring we will need to carry on our worldwide expansion and deepen the existing associations we have with some of the major enterprises in the United kingdom.

“The acquisition of the TALL Team, jointly with other enjoyable options in the pipeline, means we are moving into 2023 on a quite organization footing for even more expansion.”

The TALL Team administrators William Lamb and Peter Andrew are retiring after much more than 30 years with the organization. 

Martin Ruda, controlling director at the TALL Group, extra: “We have labored in partnership with Parseq many instances, and supply complimentary, technological innovation-led providers, which helps make us signing up for forces a pure evolution of our partnership that will make it less complicated to accelerate development and grow the products and services we offer you as a component of a even larger organisation.

“We also share the identical eyesight and values and are committed to assisting our clientele run additional productive, safe businesses, all to the supreme benefit of their clients.”

Parseq, which has United kingdom offices in Rotherham and Leeds, is a portfolio firm of Parabellum Investments, a relatives place of work functioning as a world personal fairness company.