Champion guides Quadra through acquisition

Champion Accountants has helped its client of seven years, Quadra Claims Services, towards a successful acquisition.

Loss adjuster Quadra was founded in 2010 and specialises in heritage and ecclesiastical buildings, high net worth losses and other property claims. Its acquisition by fellow commercial loss adjuster Woodgate & Clarke, will see the 80-strong Quadra team remain in situ in the Manchester office, and open up new opportunities for growth.

Here at Champion, we have provided business advisory, accountancy and tax services to Quadra since 2014 and worked with the company through the acquisition process to a deal that benefits both organisations.

Gill Molloy, group tax director at Champion Accountants, said: “It’s been an absolute pleasure working with Quadra all these years. We have delivered their annual accounts and assistance with tax planning since 2014. The company has built a hugely successful business during this time, and I am glad that we have been able to help and advise them with the various projects throughout.

Quadra’s management team was approached by Woodgate & Clarke before the COVID-19 pandemic began but the deal progressed through to completion in the New Year [2021].

“It is always great to work with a company to help them achieve such an important ambition and I am grateful that our client trusted us to help them over the line. Quadra has now formed part of a bigger business with natural synergies; it’s an exciting platform from which to grow and evolve.

“We wish both Quadra and Woodgate & Clarke a prosperous, harmonious future as they embark on this new venture together.”