TopSource Worldwide has agreed to acquire the Employer of Record division of Bradford Jacobs Group. Bradford Jacobs provide People focussed, end to end, full life cycle international expansion services to globally growing businesses.

The acquisition includes a continued strategic partnership between TopSource Worldwide and Bradford Jacobs that will allow for Bradford Jacobs to continue to offer EOR solutions to the wider market using the TopSource Worldwide infrastructure and support.

Guil Hastings, CEO, TopSource Worldwide explains:

“The additional scale that this acquisition brings to TopSource moves us further forward towards our goal of being a leading global employer solutions business. Bradford Jacobs has years of global employer solutions experience and will be a powerful sales channel for TopSource into the EOR market.”

He added,

“By working together, both firms and our clients will benefit from expanded access to services, markets and capabilities. Adding Malta to our operational footprint also gives us some world-class talent to help serve our wider client base.”

Tom Green, CEO at Bradford Jacobs said:

“The TopSource Worldwide technology, compliance, HR support and geographic footprint provides substantial benefit to our current and future clients. This partnership is the first step in our key initiative to be the partner of choice for global expansion solutions and tools. We are excited by the opportunity that this combination and the ongoing strategic relationship will bring to Bradford Jacobs.”

TopSource Worldwide serves clients in 89 markets providing Employer of Record and payroll services to globally ambitious businesses. TopSource Worldwide has been backed by Horizon Capital since December 2020 and is a leader in global employer solutions. The business support nearly 1,000 clients with the services they need to expand globally.

Tom Maizels, Director at Horizon Capital said,

“This transaction is a demonstration of our further commitment to the exciting global expansion market.  It gives us an avenue to leverage our PEO Hub technology and serve a wider set of clients.”

The transaction is due to complete on 1 May 2022 and will include the transfer of Bradford Jacobs clients and key operating team members to the TopSource Worldwide operations.

ENDS

About TopSource Worldwide

TopSource Worldwide provides a complete suite of employer services that allows clients to employ and pay people promptly, consistently and compliantly, locally and internationally as it suits their business needs.

TopSource Worldwide is backed by Horizon Capital and has an international footprint and the far-reaching expertise needed to truly support clients with their local payroll, global Employer of Record or global payroll needs.

Payroll anywhere. Employ everywhere.

For more information, please visit – www.topsourceworldwide.com

About Bradford Jacobs

Bradford Jacobs’ holistic approach to global expansion allows us to be an end to end, full life cycle partner to our clients. Whether recruiting and employing for their first remote overseas hire or creating new global divisions, our solutions can quickly and compliantly fulfil all requirements. 

Our aim is simple – to deliver comprehensive People Growth Services that allow businesses to focus on their core objectives, just as we focus on ours. 

For more information, please visit – www.bradfordjacobs.com

About Horizon Capital

Horizon Capital is a private equity investor specialising in technology and business services. The firm was established by senior investment professionals who identified a significant market opportunity to invest in businesses in these sectors valued up to £50m.

The partnership prides itself on its approach to helping business owners and managers realise their ambitions. Buy and build is at the heart of every Horizon Capital investment and the firm is a market leader in supporting companies pursuing this strategy.

Horizon Capital has a proven track record in generating premium returns on investments. The unprecedented growth it delivers in its portfolio companies has been underpinned by deep and long-term investor relationships that span across two decades.

For more information, please visit – www.horizoncapital.co.uk

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Published On: April 6th, 2022Last Updated: May 24th, 2022

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About the Author: Paul Sleath

Paul is responsible for global marketing and communications including brand, advertising, digital marketing, and demand generation. Paul has a wealth of experience previously co-founding PEO Worldwide and was also the former managing director of CPM People/Stipenda.