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Quastels Acts for Gerald Edelman on Their Acquisition of Vista Partners
Quastels LLP is delighted to have acted for Gerald Edelman on their acquisition of Vista Partners.
Founded in 1946, Gerald Edelman is a London-based accountancy and business advisory firm with over 20 partners, serving middle-market companies across the UK and internationally. The firm offers a comprehensive range of professional services, including accountancy, auditing, tax planning, corporate finance and strategic business advice. Vista Partners is a long-established accountancy and tax advisory firm based in Redhill. The firm provides a full range of services including accounting, audit, tax compliance, business advisory, and personal tax planning, primarily supporting owner-managed businesses and SMEs across Surrey, Sussex, and the South East.
Quastels LLP, led by corporate partner Adam Convisser, oversaw legal due diligence, transaction structuring and execution. Adam was supported by colleagues in the corporate, commercial real estate and employment teams showcasing our strong cross-departmental collaboration.
“We are thrilled to have completed the acquisition of Vista Partners. It was a pleasure to work with Adam and the Quastels team. Their advice was invaluable and they put in the extra hours to ensure we got the deal over the line, for which we are very grateful. We look forward to working with the team again in the future on other projects.”
– Nick Wallis
Congratulations to Gerald Edelman and the whole team at Vista Partners, we look forward to seeing your continued success.
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The Rising Cost of Employment: Will Businesses Turn to AI and Outsourcing?
This article was published in the March/April 2025 edition of London Business Matters.
The forthcoming increase to national insurance (NI) to 15% and the lowering of the threshold from £9,100 to £5,00, means that businesses are facing a significant increase in their payroll costs. With increased workers’ rights under the Employment Rights Bill (ERB) also set to be rolled out over the next 12-24 months, businesses are assessing their workforce strategies, and AI adoptions and outsourcing are emerging as key considerations.
Businesses that may have been considering AI automation are now giving serious consideration to its’ value not only from a cost saving perspective but also an employment risk perspective. We are already seeing how basic administrative and routine tasks can be AI generated; customer service AI-powered chatbots and virtual assistants are fast replacing human agents for handling routine enquiries and AI tools are used to streamline hiring processes, automating CV screening, interview scheduling and even employee onboarding. Professional services industries are also not immune from the allure of AI with financial reporting, invoice processing and payroll management being automated reducing the need for manual intervention.
Businesses are also contemplating outsourcing tasks, not only as a cost saving measure but also to reduce their exposure to employment claims associated with upcoming changes under the ERB. The proposals include introducing day one unfair dismissal rights, extending the eligibility period for making a claim from 3 months to 6 months, restricting the circumstances in which an employer can vary employment terms and many other changes.
Outsourcing allows businesses to access lower labour costs and avoid the pressures of employment compliance, which is expected to have a greater impact on SMEs. Offshoring functions such as IT support, accounting and back-office operations gives businesses the opportunity to scale operations up and down more flexibly without the complexities and inherent risks associated with the hiring and firing of staff.
While job cuts in many sectors are likely, labour-intensive industries such as retail and hospitality are expected to be impacted the most. Those working part-time or on the lowest hourly pay, who were previously not eligible for employer NI, will now be brought into the fold from April 2025 and businesses will inevitably be looking to reduce headcount.
As businesses contemplate various strategies to manage increased costs and risk, a balance must be struck with maintaining quality service and a skilled workforce in what remains an increasingly competitive market.
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Quastels Acts for Wavertree Bay Investments in Acquisition of SFI Logistics
Quastels LLP is pleased to announce that it acted for Wavertree Bay Investments in its recent acquisition of SFI Logistics.
SFI provides storage and logistics services, primarily for the office industry and was an important strategic purchase as part of Wavertree Bay’s broader investment strategy in the storage and logistics sectors.
Quastels LLP, led by corporate partner Marcus Rebuck, provided comprehensive legal advice throughout the acquisition process, working through the financial and contractual matters to ensure a smooth and successful completion. Marcus was supported by colleagues in the corporate, commercial real estate, and employment teams. The wider team’s expertise and commitment were instrumental in achieving the client’s objectives.
Dean Jaraj, Director of Wavertree Bay Investements commented:
Read More“We are extremely grateful for the outstanding support and guidance provided by Quastels throughout the acquisition process. Marcus and the whole team’s attention to detail and proactive approach enabled us to work through the challenges and complete the transaction efficiently. We look forward to continuing our partnership with Quastels as we integrate our new business and pursue future growth opportunities.”