CSMA Partners with Ex-Perkbox CEO Sahgal to Invest in Parliament Hill
Deal News | May 09, 2025 | Quercus Corporate Finance
Quercus International has played a pivotal role in advising CSMA on a strategic partnership with former Perkbox CEO Gautam Sahgal to further invest in and develop Parliament Hill. This collaboration aims to bolster the growth of Parliament Hill, a leading provider of membership association benefits platforms in the UK. With former Perkbox CEO Gautam Sahgal taking on the role of Executive Chairman and Joel Tobias appointed as CEO, the partnership aims to drive technological advancements, expand commercial offerings, and elevate the impact of Parliament Hill across the membership sector. CSMA, which acquired Parliament Hill in 2018, sees this move as a significant opportunity to strengthen its market position, with a focus on innovation and value for membership organizations.
Sectors
- Membership Platforms
- Corporate Finance Advisory
- Human Resources and Employee Engagement
Geography
- United Kingdom – The operations and focus of Parliament Hill and the partnership with CSMA are centered in the UK.
Industry
- Membership Platforms – The article focuses on the development and investment in Parliament Hill, a company providing membership association benefits platforms.
- Corporate Finance Advisory – Quercus International acted as a corporate finance advisor in facilitating the strategic partnership.
- Human Resources and Employee Engagement – Gautam Sahgal's background as the CEO of Perkbox, a leading employee engagement platform, is relevant to the strategic direction of Parliament Hill.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| CSMA | Partnering Company | Company | CSMA is the main company partnering with Gautam Sahgal to invest in Parliament Hill. |
| Parliament Hill | Target Company | Company | Parliament Hill is the focus of the investment and development strategy led by CSMA and Gautam Sahgal. |
| Gautam Sahgal | Executive Chairman | Person | Former CEO of Perkbox and now appointed as Executive Chairman of Parliament Hill. |
| Joel Tobias | CEO of Parliament Hill | Person | Seasoned executive with over 20 years of experience in benefits and rewards. |
| Quercus International | Corporate Finance Advisor | Company | Advised CSMA on the strategic partnership with Gautam Sahgal. |