The Payroll Software and Services Group has acquired three new businesses in the past month; Peopletime; an outsourced payroll and HR provider servicing businesses across the UK and Ireland, Expense Once; an expense management software platform, and the payroll business of Baxter & Co; a Chartered Accountants firm.
The PSSG, backed by growth-equity tech investor Tenzing, was formed in 2019. The Group specialises in providing software and outsourcing solutions for HR, payroll and business support in the UK and international markets. It has over 1,500 clients and more than 260,000 employees are currently paid using its software. These recent acquisitions are in line with the Group’s vision to provide an end-to-end solution for all payroll, HR and business support services.
The acquisition of Baxter & Co, Peopletime and Expense Once will significantly enhance the Group’s product offering, allowing it to provide HR outsourced services and expense management software to its clients and the larger market. Eric Dunmore, CEO of The PSSG, says of the acquisitions;
“PSSG are delighted to have acquired three new businesses. This is an extremely exciting time for the Group as we strengthen and expand our service offering. Clients will have the opportunity to benefit from a wholistic, streamlined service which meets all their payroll, HR and business support requirements, helping to improve efficiency and productivity within their business. We are also thrilled to welcome an additional 31 employees to the Group.“
PSSG is actively focused on expanding its portfolio and interested in speaking to successful and well-managed businesses based in both the UK and internationally, with software or services offering in payroll, compensation & benefits, HR advisory, expense management or time and attendance. As part of The PSSG, you will have access to expertise, support and resources to further enhance and grow your business. If you are a business owner or founder and interested in learning more about joining PSSG, please contact us here.