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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.
Emply is a leading provider of HR cloud-based software for small-, medium- and enterprise-sized companies who want to streamline their HR processes. Emply was founded in 2010 with the mission to simplify the complicated for HR departments with a modern and intuitive HR platform that handles the employee journey from talent attraction to offboarding. With more than 800,000 daily users across more than 30 countries, Emply has cemented itself as a leading and innovative HR system provider among organizations who require an all-encompassing solution, dedicated personal support and industry-leading security technology. Learn more about Emply by visiting www.emply.com, and connect with us on LinkedIn.
About the Lessor Group
Since 1972, Lessor Group (Lessor) has been the market-leading provider of payroll and human capital management (HCM) software solutions for small-, medium-, and enterprise-sized companies.
Lessor provides services under two models – one a software-as-a-service (SaaS) payroll and HCM suite through its Lessor platform and Microsoft Dynamics, and the other a market-leading, do-it-yourself, cloud-based platform operating as Danløn in Denmark and under the following brands elsewhere in Northern Europe: Ilohngehalt (Germany) and Swelön (Sweden). Lessor is headquartered in Denmark and is currently doing business in Denmark, Sweden and Germany. The Lessor Group was acquired by Paychex, Inc in 2018 and covers Paychex Germany, which has been offering payroll services for small, medium and large companies in Germany for more than 35 years.
Paychex, Inc. (NASDAQ:PAYX) is a leading provider of integrated human capital management solutions for payroll, benefits, human resources, and insurance services. By combining its innovative software-as-a-service technology and mobility platform with dedicated, personal service, Paychex empowers small- and medium-sized business owners to focus on the growth and management of their business. Backed by more than 45 years of industry expertise, Paychex served more than 680,000 payroll clients as of May 31, 2020 across more than 100 locations in the U.S. and Europe, and pays one out of every 12 American private sector employees. Learn more about Paychex by visiting paychex.com and stay connected on Twitter and LinkedIn.
For Press Contact
For further comments, please contact Gert Abildskov, CEO, Emply, email@example.com