Lessor Group, acquired by Paychex in 2018, has acquired the HR solutions company Emply. With customers in 30 countries worldwide such as Denmark, Benelux and the Nordics, Emply is one of the rising leaders within the HR solutions space. The company is a fast growth full-suite HR SaaS provider, that includes solutions for HR management, recruiting, onboarding, and learning management. Both Lessor and Emply are headquartered in Denmark and will remain in their current locations after the acquisition. Terms of the acquisition were not disclosed.
European growth
The sale to Lessor Group will boost growth while offering access to new markets outside Denmark – such as Germany and the USA. lessor Group, a market-leading software provider of payroll, HR, time & attendance, will together with Emply create HR software based on a broad and international insight into HR. Existing Emply customers will benefit from Lessor’s superior expertise in payroll. That expertise, coupled with Emply’s robust HR technology capabilities, will deliver a powerful solution with potential to propel growth.
Henrik Møller, CEO of Lessor Group sees a clear match between the customer segments, characteristics, and size of the Emply and Lessor customers: “Payroll customers in our main markets, Denmark and Germany, have expressed a need for advanced, cloud-based HR solutions. With its product set of HR management, recruiting, onboarding, and learning management, Emply’s offerings will significantly expand our HCM capabilities. The depth of Emply’s solutions, along with its presence in additional markets, will serve as a growth driver for our European business.”
“The depth of Emply’s solutions, along with its presence in additional markets, will serve as a growth driver for our European business.”
About the Lessor Group
Lessor Group is a market leading provider of payroll and human capital management software solutions for small, medium and large companies since 1972. Lessor provides SaaS payroll services and HCM suite using its Lessor platform and Microsoft Dynamics. It is also a market-leading, do-it-yourself, cloud-based platform that is operating under the Danløn name in Denmark and elsewhere in Northern Europe under the following brands: Ilohngehalt (Germany) and the Swelön (Sweden). In 2018, the Lessor Group was acquired by Paychex, Inc.
