Parallel49 Equity makes Questco its first deal since rebranding
Canadian private equity firm Parallel49 Equity has acquired Questco LLC, a Houston, Texas-based professional employer organization. No financial terms were disclosed. Founded in 1989, Questco provides a range of outsourced human resource solutions, including payroll and tax administration, employee liability and risk management, employee benefits and training. It is Parallel49's first disclosed platform investment since the firm's launch in December following a rebranding of Tricor Pacific Capital's fifth fund. PE Hub Canada recently interviewed Parallel49 Managing Partner Brad Seaman and Managing Director Rob Wildeman.
11 May 2016•1 min read
