TopSource Worldwide, the leading employer services, payroll and Employer of Record provider, has today announced the acquisition of Select Payroll Solutions. This is the second acquisition since being backed by Horizon Capital in December 2020.

Following significant investment in central support services, go-to-market strategies and accelerated local and global organic growth TopSource Worldwide has created a strong platform to support its well-defined acquisition strategy in domestic payroll, global payroll and global EOR.

Guil Hastings, CEO of TopSource Worldwide, commented:

“I am delighted to welcome Select Payroll’s 100 plus customers and employees to the TopSource Worldwide group. TopSource Worldwide continues to grow as an experienced and trusted payroll and Employer of Record provider, with our customers at the heart of what we do. We are committed to delivering the very best in payroll and ancillary services and are looking forward to building on the Select Payroll team’s great work.

We understand how important it is to ensure continued, high quality service delivery and we will be working hard as a newly combined team to make sure there is a smooth and clear transition plan and integration for customers, clients and colleagues as Select Payroll joins TopSource Worldwide.”

Dawn Wade, Director of Select Payroll Solutions commented:

“Having built Select from the ground up, starting in 2008, I’m really proud of what we have achieved over the last 13 years.  Delivering a great service for our customers has always been our priority, and I’m really pleased we’ve found the right home for Select to continue to grow and fulfil this ambition.  TopSource Worldwide shares our commitment to customer service and driving higher standards for our industry, and I’m really excited by the opportunities ahead for Select employees, customers and clients, as they benefit from TopSource Worldwide’s investment in payroll delivery and extensive in-house expertise.”

Tom Maizels, Director at Horizon Capital added: “Compandben brings deep experience and expertise in the group and the combination of the two businesses is an important step in our journey to create the leading global employer services business with truly international payroll, EOR and MCP coverage. We look forward to continuing our support of TopSource Worldwide’s organic growth and M&A strategies.

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Published On: 17/08/21Last Updated: 14/09/22

About the Author: Guil Hastings

Guil leads the Management Team and has overall responsibility for developing and delivering the strategy for the business as well as the operational delivery of our growth plan – both organic and through acquisition. Guil has extensive business leadership and commercial experience in domestic and international payroll. Email: guil.hastings@topsourceworldwide.com

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