JSA acquires Conduit businesses from Huntswood
The deal signifies JSA’s strategic commitment to the professional contractor space and enhances JSA’s status as a leading provider of umbrella, payroll and accountancy services to the UK’s flexible workforce.
Huntswood is a UK leading provider of specialist resourcing and consultancy in the areas of governance, compliance and complaints, operating mainly in the financial services sector. The Conduit businesses provide payroll and accountancy services to over 1,700 professional contractors assigned and working on Huntswood engagements, predominantly in complaints and claims handling, new business checking and paraplanning.
JSA’s scale, technology platforms, compliance credentials and customer service ethic will deliver an efficient and personalised service to Huntswood’s contractors, and enable both the Conduit businesses to grow organically with the rising demand for specialist resource in the financial services sector. The deal allows Huntswood to focus on its core business activities, having chosen JSA as preferred partner of specialist payroll and accountancy services over the next three years.
Stewart Rogers, chairman of JSA Services Limited, commented, "This acquisition further underlines the development and growth of JSA as one of the true leading players in the payroll services space. I am especially pleased and proud that an organisation of the size and calibre as Huntswood clearly felt that JSA was the right organisation to partner with and we look forward to forging a long term, working relationship with them."