PSSG’s Acquisition of Just Payroll Services

In UK Osborne Clarke, advised on the matter.

Osborne Clarke advised Payroll Software and Services Group with a team including Alistair Francis (Picture – Corporate M&A), David Nisbet (Tax M&A and Deal Advisory).

The Payroll Software and Services Group (PSSG), a portfolio company of European tech investor Tenzing, acquired outsourced payroll services firm Just Payroll Services.

Over 1,000 global clients rely on PSSG’s solutions to make sure their employees get paid on time, and its technology powers over £3.1 billion salary payments a year. The acquisition is part of the Group’s strategy to increase its value to customers through additional products and services. 

Just Payroll Services, which offers a complete outsourced payroll solution for UK businesses, will sit in the PSSG portfolio. Its customers will migrate onto PSSG’s technology platform, giving them greater visibility over their payroll, improving efficiency and increasing productivity.

The Osborne Clarke team was led by Partner Alistair Francis (Picture) with support from corporate associates Alex Littlefield and Harshna Patel. Employment advice was provided by senior associate Lara Flynn, banking advice was provided by associate director Victoria Dingle and tax advice was provided by Partner David Nisbet and senior associate Bridget Baillie.

Involved fees earner: Bridget Baillie – Osborne Clarke; Victoria Dingle – Osborne Clarke; Lara Flynn – Osborne Clarke; Alistair Francis – Osborne Clarke; Alex Littlefield – Osborne Clarke; David Nisbet – Osborne Clarke; Harshna Patel – Osborne Clarke;

Law Firms: Osborne Clarke;

Clients: Payroll Software and Services Group;

Author: Giulia Di Palma