Shoosmiths has advised Parabellum Investments on the sale of Parseq Limited, a South Yorkshire-headquartered business process outsourcing firm, to Paragon, an international business services provider based in London.

Published: 20 February 2026

Parseq is a well-established outsourcing specialist, delivering document, financial and payment processing for organisations with strict data and privacy standards across a range of sectors. Its acquisition by Paragon further strengthens Paragon’s business services offering and supports its continued growth strategy in the UK market.

Shoosmiths acted for the private equity sellers Parabellum Investments, advising on the full lifecycle of the transaction. The firm provided support across corporate, banking and finance, tax and property elements of the deal, delivering a fully integrated service to ensure a smooth and successful completion.

The Shoosmiths team was led by Client Partner James Foster, supported by Principal Associate Leah Cairney, Senior Associate Kendra McCullough and Trainee Solicitor Javid Laher. Principal Associate Jonathan Smith advised on real estate matters and Principal Associate Sophie Tyler and Trainee Solicitor Jasmine Chana provided Banking and Finance support. Partner Laura Board, supported by Senior Associate Manpreet Shoker, provided tax advice.

James Foster, Corporate Partner in Shoosmiths, commented: “We are delighted to have supported our long-term client Parabellum Investments on the sale of Parseq. This transaction reflects the strength of the company they have built and marks a significant combination in the business process services sector. It was a pleasure to work on the transaction supporting the in-house team, demonstrating our firm’s continued ability to deliver impactful full-cycle advice across successful transactions for selling parties.”

Alan Chan, General Counsel for Parabellum Investments, said: “Having worked with the Shoosmiths team on a number of transactions, they have developed a strong understanding of our way of working and consistently deliver clear, commercial and responsive advice. Their collaborative approach to resolving complex issues helped ensure the transaction completed smoothly and on time. Working with hard-working, competent and down-to-earth advisers is key to the success of our transactions, and I look forward to working with Shoosmiths again”