Springboard Corporate Finance advise on the MBO of legal accounts software company Quill
July, 2017 - Birmingham, England
Quill, the Manchester headquartered legal accounts software and outsourced cashiering expert, has been acquired by its management team led by Managing Director Julian Bryan.
Quill is the UK’s leading independent supplier of legal practice management software, specialist book keeping and payroll services. Fast growing Quill has seen turnover increase 35% in the last five years under Managing Director Julian Bryan’s direction. Quill has a team of 90 across its four regional offices situated in Manchester, Liverpool, Redcar and Colchester.
The MBO team was advised by Justin Sparks and Robert Johnson of Springboard Corporate Finance. Justin commented “We were delighted to support Julian on his latest project to acquire a majority equity stake in Quill. Quill has built an outstanding market leading proposition in both its technology and outsourcing offerings. We wish the team success with the ongoing development of the business under their ownership”
Julian Bryan, Managing Director of Quill Pinpoint, said: “I am delighted that the MBO has been a success. We have a special business model here at Quill which is levering a unique blend of specialist bookkeeping expertise with cloud based technology. Remaining independently owned was important to me so as to provide ongoing support to a brilliant team of knowledgeable staff. The MBO gives staff and clients alike the confidence to invest in Quill as a partner to grow both careers and business.”
