Lessor Group, acquired by Paychex in 2018, has today announced the acquisition of Emply. Emply is a fast growth full-suite HR SaaS provider, including solutions for HR management, recruiting, onboarding, and learning management. Emply is recognized as a rising leader within HR solutions space in Denmark, Benelux, and the Nordics. The company has customers in 30 countries worldwide.
Lessor Group, being a market-leading software provider of payroll, HR, time & attendance, will together with Emply create HR software based on a broad and international insight into HR. The sale to Lessor Group will accelerate growth while providing access to new markets outside Denmark - such as the Nordic region, Germany and the USA.
The founder and CEO of Emply, Gert Abildskov, sees a strong collaboration and great potential for future growth in Europe:
“We’re excited to begin this new collaboration with Paychex and Lessor, which will introduce new possibilities for international expansion. Emply has experienced significant growth over the years and our platform covers the HR functions most needed by businesses today. Existing Emply customers will benefit from Lessor’s superior expertise in payroll. That expertise, coupled with Emply’s robust HR technology capabilities, will deliver a powerful solution that will propel growth.”
The HR capabilities of Emply, coupled with the firm’s reach into new markets in Europe, are important to the future growth strategy of our activities in Europe says Henrik Møller, CEO of Lessor Group, who also oversees European operations for Paychex:
“We see a clear match between the customer segments, characteristics, and size of the Emply and Lessor customers. Payroll customers in our main markets, Denmark and Germany, have expressed a need for advanced, cloud-based HR solutions. With its product set of HR management, recruiting, onboarding, and learning management, Emply’s offerings will significantly expand our HCM capabilities. The depth of Emply’s solutions, along with its presence in additional markets, will serve as a growth driver for our European business.”
Both Lessor and Emply are headquartered in Denmark and will remain in their current locations after the acquisition. Terms of the acquisition were not disclosed.
The acquisition by Lessor Group will not affect customers relationship with Emply. Their current solution will continue as usual, and their contacts at Emply will also be the same.
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