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.”

Horizon Capital has a majority investment in TopSource Worldwide and is supporting the company’s plans to take advantage of the attractive market dynamics providing further capital to help accelerate an already strong organic growth and targeted add-on acquisitions in a fragmented space.

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.

Share this article, choose your platform!

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

Subscribe to our newsletter don’t miss out

Subscribe to receive our latest posts and events straight to your inbox.

We care about your privacy. By submitting this form, you’ll receive the requested information as well as business insights from TopSource Worldwide. You can unsubscribe at any time. For details, view our Privacy Policy.

Our top blog categories

Global employment cost calculator

Estimate the cost of your new hire with our new calculator.

Calculate costs

Recent posts

Related posts

  • Published On: 01/11/225 min readBy

    TopSource Worldwide, the employer services, payroll and Employer of Record service provider, has today announced the strategic acquisition of ...

    Read the full blog
  • Published On: 04/07/224 min readBy

    TopSource Worldwide, the leading global and UK employer services business, has today announced the acquisition of eSlip, a fully-managed ...

    Read the full blog
  • Published On: 06/06/225 min readBy

    TopSource Worldwide, the leading employer services, payroll and Employer of Record service provider, has today announced the acquisition of ...

    Read the full blog
  • Published On: 01/11/225 min readBy

    TopSource Worldwide, the employer services, payroll and Employer of Record service provider, has today announced the strategic acquisition of ...

    Read the full blog
  • Published On: 04/07/224 min readBy

    TopSource Worldwide, the leading global and UK employer services business, has today announced the acquisition of eSlip, a fully-managed ...

    Read the full blog
  • Published On: 06/06/225 min readBy

    TopSource Worldwide, the leading employer services, payroll and Employer of Record service provider, has today announced the acquisition of ...

    Read the full blog
  • Published On: 27/05/225 min readBy

    Employees often need to travel between different locations to meet business requirements. Businesses often face several challenges when it ...

    Read the full blog

Start your global expansion journey today.

Expand faster and stay compliant in over 150 countries without a legal entity

  • Expand globally

  • Deploy quickly (in days not weeks)

  • A single global portal for all your hiring needs

  • No legal entity required

  • Experienced expert team

Contact us today & talk to an international payroll or EOR consultant

We care about your privacy. By submitting this form, you’ll receive the requested information as well as business insights from TopSource Worldwide. You can unsubscribe at any time. For details, view our Privacy Policy.