Zellis, a major payroll and HR software provider in the UK and Ireland, has agreed to acquire elementsuite, an HR software company offering AI-driven HR and workforce management solutions. The acquisition will combine elementsuite’s HR technology with Zellis’ payroll platform, providing customers with a single integrated solution.
The deal will allow Zellis customers to access enhanced HR features while elementsuite clients gain the benefit of Zellis’ payroll technology. Notable users of elementsuite include McDonald’s and Five Guys.
Abigail Vaughan, CEO of Zellis, said: “We’re excited by the opportunity that this combination brings for new and existing customers of both elementsuite and Zellis. Bringing together the depth of talent across both businesses and combining the strength of elementsuite’s HR and AI capabilities with Zellis’ payroll, HR, and AI capabilities will deliver even more value to our combined customers.”
Steve Elcock, CEO and founder of elementsuite, added: “We are incredibly proud of the AI-enabled HR suite we have developed in recent years and, with the support of Zellis, are looking forward to bringing the benefits of our technology to more businesses. Zellis’ leadership in payroll will further enhance our overall offering and will help us better meet market demand.”
The transaction is subject to standard closing conditions, with financial details undisclosed.