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Netherlands – Payroll Select announces two acquisitions

23 July 2014

Dutch payroll and temporary staffing firm Payroll Select announced that it made two acquisition on 1 July 2014; Zember a payroll and back office services company and Meesterhulp (Master Help) a payroll and staffing company specialising in the education sector.

Financial details of the acquisitions were not released.

The company specialises in the provision of payroll services and HR services for employers and intermediaries in the labour market. The company also provides additional services for clients that work with freelancers, interim managers, and independent contractors. 

Meesterhulp is the second payroll and staffing company acquired by Payroll Select in the last twelve months, which specialises in the placement of workers in the education sector. In December 2013, the company also acquired FairFlex Education.

The company has plans for further acquisition, advising that they have a shortlist of an additional 15 potential acquisition targets.

Payroll Select is one of the top 20 staffing companies in the Netherlands, according to research from Staffing Industry Analysts.