Source: Deel | Mar 05, 2024

Deel is Acquiring PaySpace, solidifying Deel as market leader in global payroll

Acquisition deepens Deel’s HR infrastructure, fuels direct & indirect global expansion and reach; News comes as company hits 500M+ in annual recurring revenue

Global HR company Deel (www.Deel.com) announced today that it is acquiring African-based payroll and HR solution company PaySpace (www.PaySpace.com) for an undisclosed amount. It is one of Deel’s largest acquisitions to date. PaySpace has more than 20 years of payroll technology experience, providing payroll engines and HR services in 44 countries across…