Osborne Clarke advises PSSG on its acquisition of Just Payroll Services

International legal practice Osborne Clarke has advised The Payroll Software and Services Group (PSSG), a portfolio company of European tech investor Tenzing, on its acquisition of outsourced payroll services firm Just Payroll Services.

Over 1,000 global clients rely on PSSG’s solutions to make sure their employees get paid on time, and its technology powers over £3.1 billion salary payments a year. The acquisition is part of the Group’s strategy to increase its value to customers through additional products and services. 

Just Payroll Services, which offers a complete outsourced payroll solution for UK businesses, will sit in the PSSG portfolio. Its customers will migrate onto PSSG’s technology platform, giving them greater visibility over their payroll, improving efficiency and increasing productivity.

The Osborne Clarke team was led by Partner Alistair Francis with support from corporate associates Alex Littlefield and Harshna Patel. Employment advice was provided by senior associate Lara Flynn, banking advice was provided by associate director Victoria Dingle and tax advice was provided by Partner David Nisbet and senior associate Bridget Baillie.

Osborne Clarke’s corporate team is considered a go-to practice for many companies in the tech, media and comms sector, working with global businesses to fast-growth start-ups and market challengers. The team advises at every stage of company development across all corporate issues, from equity and debt fundraisings to M&A, IPOs and JVs.