The M&A team at BDO in Manchester has advised Paysure on its sale to JSA Services.
Cheshire-based contractor accounting firm, Paysure, specialises in the freelance and temporary worker sector. This deal will be the sixth acquisition in the last two and half years for the highly acquisitive JSA Services, a leading provider of specialist accountancy, payroll and employment services to the UK’s contractors and freelancers.
The Accounting services market is consolidating, with a number of trade acquirers looking to take advantage of the changing legislative landscape and acquire bolt ons. Over time BDO has built a strong sector team and the Paysure deal has significantly enhanced the team’s market exposure.
“BDO’s in-depth knowledge of the sector and direct access to key decision makers in the industry was impressive. The team ran an excellent process, working as a cohesive team across tax and corporate finance to maintain momentum and maximise value.”
Loren Taylor, co-founder and Director of Paysure