Next Stage of the Moorepay Journey – Sale to Bain Capital
In October, we announced Bain Capital Private Equity had entered into discussions with NGA Human Resources (our parent company) to acquire the NGA UK & Ireland and Moorepay businesses.
The transaction was subject to some customary closing conditions, including regulatory approvals.
These have now been satisfied and I’m pleased to announce that the deal completed on Wednesday 31 January.
What this means for our customers
As an independent company, we will focus fully on meeting the needs of the UK & Ireland markets and our customers.
In recent months, the new business has strengthened our market leading position, launching new recruitment, onboarding and people analytics functionality.
As we enter a new phase of growth, we will continue to bring you first class payroll & HR software and services alongside expertise, insights and new technology that will help propel your business forward.
We plan to announce our new company name later in the year.
Jonathan Legdon — CEO