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Safe Computing Ltd. has announced the acquisition of AHL Management Limited, the Bishop Stortford based specialised outsourcing provider to the recruitment agency sector. AHL has also traded as Hydra AHL and Hydra BPO.
AHL will be forming part of the Safe Outsourcing division that now processes over three- quarters of a million timesheets a year and provides outsourcing services to include fully managed payroll, billing, credit control, accounts receivable, accounts payable, financial accounts, staff payroll/HR and management information services.
Following this acquisition, the Safe Group will employ over 150 people and have a projected 2010 turnover exceeding 12 million Pounds.
AHL's largest customer is Meridian Business Support and on hearing of the acquisition, their Finance Director, Jeanette Barrowcliffe, commented that she looked forward to Meridian and other AHL customers benefiting from the new technology available with the Safe products and that she was confident that their previous strong relationship with AHL will continue with the new organisation. Meridian is a 111 million Pounds turnover business processing over 5,000 temporary workers a week and has been a user of outsourced pay and bill services from the AHL team for over 5 years.