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Announced

Completed

IRIS Software Group completed the acquisition of myPay Solutions from Thomson Reuters.

Synopsis

IRIS Software Group, a global software provider of accountancy solutions, completed the acquisition of myPay Solutions, a trusted online payroll processing service designed to empower CPAs, from Thomson Reuters, a multinational media conglomerate. Financial terms were not disclosed. "We are thrilled to welcome myPay Solutions to the IRIS family and are proud of this latest milestone as we continue to supercharge our presence in the Americas. IRIS is committed to delivering the best-of-breed software solutions accounting firms require to successfully manage and grow their firm in today’s evolving business landscape, and myPay Solutions is an ideal addition to our payroll solutions portfolio. Our complete suite of offerings gives accountants the flexibility to handle payroll in-house or through the payroll processing service, providing them with options to simplify their unique payroll requirements and focus on introducing new value-added services to drive their growth," Elona Mortimer-Zhika, IRIS Software Group CEO.

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