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PULSE UMBRELLA GROUP ACQUIRES UMBRELLA STAFF

PULSE UMBRELLA GROUP ACQUIRES UMBRELLA STAFF

Pulse Umbrella Group today (25 November 2011) announces the acquisition of the long established umbrella business Umbrella Staff.
The deal, which will put Pulse Umbrella Group within the top five umbrella suppliers of PAYE and contractor payroll services in the UK, was completed this month. Umbrella Staff, founded in 2007, provides Umbrella Payroll services across all industry sectors, but primarily within the IT and Healthcare markets. The new organisation will work with over 300 recruitment consultancies in the UK.

Chris Futcher, Chief Executive of Pulse Umbrella Group, who earlier this year led a successful management buyout of the company, said: “The Umbrella Staff acquisition is key to our growth strategy and has been the culmination of many months of planning and hard work. The Umbrella Staff brand has been prominent in the market for nearly four years, and there is a lot more potential to unlock. At Pulse we deliver a platinum service to both agency partners and contractors alike, with a focus on technology to underpin the delivery of client facing, service-driven products. The Umbrella Staff brand is very much aligned with this. We will be setting out plans over the coming weeks to embed the Umbrella Staff business within The Pulse Umbrella Group.”

He continues: “This move will also enable Pulse to focus on growing our market share of white collar contractors.”

Clients of Umbrella Staff will benefit from the award-winning customer service led approach, which has seen Pulse Umbrella grow by more than 200% over the previous twelve months. This, combined with thorough and detailed policy and operational processes around key legislative issues such as Agency Worker Regulations, will strengthen the combined service offering across a much wider client base.

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