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activpayroll

activpayroll

Background to the business

Founded in 2001 by CEO Alison Sellar OBE, activpayroll, headquartered in the UK, is a leading global payroll outsourcing specialist providing customers with international payroll, payment services, global mobility and HR support in over 140 countries.

The business provides a highly differentiated service supporting customers globally from 11 activpayroll operational hubs as well as through its trusted network of in-country partners. Customers typically have multi-country requirements with headcounts ranging between 50 to 5,000 employees and are from a vast range of business sectors.

Technology is at the forefront of the service delivery which is supported by activpayroll’s cutting edge propriety software platform, activ8. The business has invested significantly in technological advancements utilising Robotic Processing Automation where possible as well as leading integration methodologies. Tenzing will continue to support this focus on technological development.

 

Investment highlights

Tenzing has backed the incumbent senior management team, led by founder CEO Alison Sellar and COO Euan Sellar.

Tenzing’s investment, its team and its Entrepreneurs Panel will support the company with continued technical product development, investment in sales and developing its acquisition and international strategy, to ensure the business continues to expand and remains at the forefront of the global payroll market.

Value

N/D

Status

Live

Company Website

activpayroll.com

Date of investment

January 2020

Investment

Growth capital

Sector

Business Services

Location

HQ in Aberdeen, UK , with 11 operational hubs worldwide

KPIs

20% revenue growth in recent years

Date

January 29, 2020

Category

Growth Capital, Live, Technology enabled payroll outsourcing specialist