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TopSource Worldwide has acquired Compandben, one of the first global Employer of Record (EOR) and multi-country payroll (MCP) businesses. This is the third acquisition in nine months for the Horizon Capital-backed employer services, payroll and EOR provider.
Compandben was founded in Switzerland in 2001 and is one of the longest established international providers of employment solutions including global HR support, global payroll and Employer of Record services to over 80 clients across 89 countries, including a range of US universities, NGOs and ambitious global businesses.
Thomas Maizels, Director at Horizon Capital, said: “We’re thrilled to have helped create a dynamic new employment solutions group, backing a highly talented team in a high-growth market. Now we’re looking forward to helping the group grow even faster and making further acquisitions to scale the business further.”