The acquisition further extends IRIS’ Payroll & HR portfolio providing solutions to manage larger and more complex payroll requirements and now positions IRIS as the UK’s Payroll bureau software specialist.
Lighthouse, whose team has extensive knowledge of the technology sector, was delighted to work on the deal with the IRIS team and contribute to another successful transaction with critical insight and advice. The transaction completed during April 2018, the transaction value wasn't disclosed.
Star Computers Limited’s popular payroll solution Star Payroll Professional is used by payroll bureaus serving more than 75,000 organisations including over 50% of the top 100 UK Accountants and delivering over 1,000,000 payslips every single month.
The IRIS Human Capital Management Division now has the ability to offer integrated Bookkeeping, Payroll & HR solutions to organisations with one to 10,000 employees and beyond.
Full details of the transaction can be found here
https://www.iris.co.uk/insight/news/2018/star-computers-acquisition/