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Announced

Vistra to acquire iiPay.

Synopsis

Vistra, a provider of business services, agreed to acquire iiPay, a payroll solutions company. Financial terms were not disclosed. "A seamless payroll experience is key to Vistra's vision of making operating globally feel borderless and frictionless. Our solutions help our clients to navigate complexity in both their domestic and international markets, and to operate efficiently and compliantly wherever they need to. The acquisition of iiPay means we will be able provide high-volume multi-country payroll while adding to our deep bench of specialist expertise. It is also an accelerator of our platform strategy that aims to redefine how the world does business, making corporate compliance effortless and driving progress without friction," Simon Webster, Vistra CEO.

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