Tucson, Ariz.-based IPA 200 firm BeachFleischman PC (FY22 net revenue of $37.8 million) has acquired a majority ownership stake in Sonora, Mexico-based outsourcing firm Kuadra Support.
Founded in 2017, Kuadra provides public accounting firms and other U.S.-based businesses with remote teams, outsourcing, employee leasing and staffing, as well as back-office support solutions such as bookkeeping and virtual assistants. Under the deal, the company will continue to operate under the Kuadra name and retain its key executive leadership team, including CEO Fernando Barraza and COO Luis Fernando Garayzar.
“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,” says CEO Eric Majchrzak.