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Accounting firm acquires majority stake in outsourcing, staffing firm with operations in Mexico

August 16, 2023

BeachFleischman, a Tucson, Arizona-based accounting firm, acquired a majority stake in Kuadra Support, an accounting outsourcing and staffing firm with an office in Hermosillo, Mexico, and a US office in Tucson. 

“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,” Eric Majchrzak, CEO of BeachFleischman, said in a press statement. 

Kuadra serves the talent needs of public accounting firms and other US-based businesses with remote teams, outsourcing, employee leasing and staffing. 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. 

“The transformation of the accounting profession creates significant opportunities. It’s no longer bound by geographical boundaries, technological impediments or local talent scarcity,” Barraza said. “Kuadra gives us the ability to provide nearshored back-office functions and talent sourcing to the US market while continuing to expand our integrated service offerings for the clients we serve.” 

Terms of the transaction were not announced.