Tucson, Arizona-based Regional Leader BeachFleischman has acquired a majority ownership stake in Mexico-based outsourcing firm Kuadra Support. The acquisition marks the firm's second cross-border deal since
Kuadra Support, located in Hermosillo, Sonora, Mexico, provides talent solutions for public accounting firms and other U.S.-based businesses with remote teams, outsourcing, employee leasing and staffing.
Kuadra also offers back-office support like bookkeeping and virtual assistants. The company will continue to operate under the Kuadra name and retain its executive leadership team, including CEO Fernando Barraza and COO Luis Fernando Garayzar.
"The transformation of the accounting profession creates significant opportunities," said Barraza in a statement. "It's no longer bound by geographical boundaries, technological impediments, or local talent scarcity. Kuadra gives us the ability to provide nearshored back-office functions and talent sourcing to the U.S. market while continuing to expand our integrated service offerings for the clients we serve who want to augment staff, scale growth, and increase capacity by leveraging Mexican talent."
"By continuing our expansion into Mexico, BeachFleischman is positioned to leverage Mexico's top talent pool to build capacity, expand international reach, and provide our clients, including other CPA firms, with talent solutions," said CEO Eric Majchrzak, in a statement.
"We are excited about the opportunities that lie ahead as we build upon this partnership and create a positive impact on the professional services industry," said Garayzar in a statement.
