International legal practice Osborne Clarke has advised UK lower mid-market investor, Tenzing, on its growth investment in activpayroll.
Founded in 2001 by CEO Alison Sellar OBE, activpayroll, headquartered in the UK is a leading global payroll outsourcing specialist providing customers with international payroll, payment services, global mobility and HR support in over 140 countries.
The business provides a highly differentiated service supporting customers globally from 11 activpayroll operational hubs as well as through its trusted network of in-country partners. Technology is at the forefront of the service delivery which is supported by activpayroll’s cutting edge propriety software platform, activ8.
Tenzing is a long-time client of Osborne Clarke and in 2019 the firm advised Tenzing on its investment in EIKON amongst other transactions. The Osborne Clarke team was led by private equity partners Tim Hewens and Alistair Francis with support from Pippa Byrne and Alex Littlefield from the private equity team. Tax structuring support was provided by David Nisbet and Luolan Dong.
Osborne Clarke’s corporate team is considered a go-to practice for many companies in the tech, media and comms sectors, working with global businesses to fast-growth start-ups and market challengers. The team advises at every stage of company development across all corporate issues, from equity and debt fundraisings to M&A, IPOs and JVs.