Deel Acquires Safeguard Global's Payroll Division

Deel Acquires PayGroup Limited

November 21, 2022

Cloud & SaaS

Deel completed its AU$121 million acquisition of APAC-based payroll and HCM provider PayGroup Limited, which has been delisted from the Australian Securities Exchange. The deal expands Deel’s payroll and HCM capabilities and APAC footprint—PayGroup processes roughly AU$12 billion in payroll annually for over 3,000 businesses and was targeting AU$39 million ARR while being EBITDA positive.

Safeguard Global Acquires Global Upside

January 26, 2022

Staffing & HR

Safeguard Global, a global workforce management company based in Austin, Texas, has acquired Global Upside, a San Jose–based global expansion technology and services firm. The deal expands Safeguard Global’s capabilities—adding entity setup services to its employer-of-record, payroll and workforce platform Global Unity—and extends its coverage into new markets across Latin America, Eastern Europe, Africa and Asia.

Deel Acquires Assemble

April 30, 2025

Cloud & SaaS

Deel has acquired compensation-management startup Assemble to integrate Assemble’s compensation planning, pay-equity and market-benchmarking tools into Deel’s global payroll and HR platform. The acquisition will enable Deel to offer an end-to-end people platform that combines payroll, performance, and data-driven compensation planning for global teams.

Deel Acquires Atlantic Money

December 2, 2024

Payments & Fintech

Deel has acquired U.K.-based international funds transfer company Atlantic Money for an undisclosed sum. The acquisition will strengthen Deel's payments infrastructure and fintech capabilities in Europe, enabling enhanced international payouts for its global payroll customers.

Execupay Acquires Professional Payroll

September 5, 2024

Staffing & HR

Execupay, part of Vensure Employer Solutions, has acquired Professional Payroll, a Fort Lauderdale-based payroll and HR services provider founded in 2003 that serves more than 150 clients across all 50 states. The acquisition expands Execupay and Vensure's HR/payroll service capabilities and industry-focused offerings, notably for hospitality companies and medical practices.

Acrisure Acquires Heartland Payroll Solutions from Global Payments for $1.1B

May 28, 2025

Payments & Fintech

Acrisure has signed a definitive agreement to acquire Global Payments’ payroll business, Heartland Payroll Solutions, for $1.1 billion, a deal expected to close in the second half of 2025 subject to regulatory approvals. The acquisition will expand Acrisure’s payroll and HCM capabilities—bringing Heartland Payroll’s ~50,000 clients into Acrisure’s fintech ecosystem and advancing its strategy to broaden financial and back-office offerings for SMBs.