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Browsing: payroll engines and HR services providers
- Acquisition at undisclosed value deepens the US firm’s HR infrastructure, and fuels direct and indirect global expansion and reach.
- PaySpace offers payroll engines and HR services across 44 countries in Europe, Latin America, the Middle East, and Africa markets.
- PaySpace is serving more than 14,000 customers, including multinationals Heineken, Coca-Cola Beverages, and Puma Sports SA.
American Global HR payroll engine provider Deel is acquiring African-based payroll and HR services firm, PaySpace, a move that will see the former solidify its position as one of the biggest entities in the human resource management segment internationally.
This acquisition, which has been done for an undisclosed amount, marks one of the company’s largest acquisitions to date, the company said even as it edges closer to having a presence in over 100 countries.
CTECH estimates the transaction to be valued at approximately $100 million. This news comes on the heels of the firm’s …